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Online Casino gambling started in roughly 1994. MicroGaming (www.microgaming.com) was founded in 1994 as one of the first software developers in the world followed by Cryptologic in 1995.
This started the online gambling industry, which has matched the Internet in terms of growth and seen a major rise in users and revenue.
Current estimates put the industry at $8.5 bn a year.
The industry has grown exponentially in the last few years with more and more takes online.
The web based casino industry has also had its fair share of challenges; online gambling laws passed in certain US states have made it more and more restrictive.
However the industry continues to flourish with both casinos and advertisers raking in the cash.
Research and markets have done a significant study on the Online Casino Market. They have published a research paper which is described as below:
"Online Games and Gambling, Europe and US 4th Edition" as per www.researchmarkets.com.
Description: Online Market Analysis Examines the major issues that will contribute to the growth of the Online Casino Market and gambling sectors.
After years of struggling for commercial viability, Online Gambling is beginning to prove its financial worth. The never-ending rise in consumer Internet usage is making the pool of potential customers grow to reach mass-Market proportions. Furthermore, gambling is positioning itself as one of the most sought-after types of online content. In this context, publishers and developers alike are jumping on the bandwagon to take advantage of this new market, heralded by many as the future of the gaming industry.
Datamonitor's report "Online games and gambling, Europe and US 4th Edition" provides a clear understanding of both the online gaming and gambling industries, and enables the reader to identify future opportunities in these fledging Markets. The report gives a comprehensive analysis by providing both qualitative and quantitative information for both industries. It covers the following subjects: the online gaming audience online gaming market size and forecast by business model, player type and platform online gambling market sizes and forecasts market issues for both online casino's and gambling legal framework for online gambling profiles of online gaming and gambling leading companies.
The report covers the following geographical markets: France UK Germany Spain Italy Sweden US. This report provides you with essential insights into two growing markets, which will develop into thriving industries. By combining detailed Market data together with forward-looking analysis, Datamonitor allows you to make informed decisions in accordance with future Market developments.
TOP
Online Casino Software Providers
Lets first look and do a full review of the top gambling software operators:
• Microgaming
• Cryptologic
• Boss Media
• Playtech
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