BetOpen Sportsbook
Gambling Industry & Sports Market
The global gross gaming/gambling yield amounts to more than 400 billion U.S. dollars each year. Gross win from gambling represents the amount of money the gambling operation keeps from the customer’s stakes, wagers, bets etc. less the winning paid out to the customer and before deducting operating expenses. With about one third of the global gambling gross win, Asia is the biggest market for gambling and sports betting in particular. Probably the fastest growing segment of the industry is the online / interactive category, as the global online gambling market has grown at a consistent rate over the last few years from around 20 billion U.S. dollars in 2009 to more than 40 billion U.S. dollars by 2016.
The sports betting market occupies the largest market share in the overall gambling market accounting for around 40% of the gambling revenue generation across the globe. Some of the most popular games that involve high betting are horse racing, football, cricket, tennis, basketball, baseball, and golf. The primary reason for the growth of the sports betting market is the gradual easing of government regulations on gambling. The shift in gambling regulations across the world has opened up opportunities for gamblers to participate in sports betting in any part of the world through an online platform, except in those countries where sports betting is banned. With the government easing the regulations in some of the countries such as the US that has huge potential to grow, will positively aid in the growth of the market during the forecast period. Technavio’s market research analyst predicts the global sports betting market will grow sluggishly at a CAGR of more than 4% during the forecast period. There has been a significant change in consumer behavior in the global sports betting market. The increase in the popularity of gambling apps and social gambling are likely to propel the growth of the market during the forecast period.
Achievements
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.