The growth and dynamism of the gaming industry are permanent. Thus, being aware of these alternatives is a key for anyone interested in the sector. That’s why G&M News has been monitoring that progress in North America (U.S., Canada) and Europe. Through a series of studies and research, during this year, we were able to explain some characteristics of the evolution of iGaming and sports betting in different territories, as well as foresee future scenarios. That material is available again to our readers in the following paragraphs.
1) U.S. iGaming vertical could reach US$8.4 billion in GGR by 2025. This market is on pace to become the second largest in the world this year, after the UK.
2) Canada: A promising market for local and foreign operators. A document from VIXIO GamblingCompliance explains what the consequences of the legislative changes on iGaming and sports betting regulations in the country are. Besides, the report considers limitations and possibilities the new system establishes, how Ontario will be the first great example to observe, and what future opportunities will operators, suppliers and investors have to participate in the business.
3) U.S. sports betting market will be worth up to US$13 billion by 2025. This report analyzes the expansion in the approval of sports betting in different territories of the country, the different betting models that are applied in the states, the situation of the Indian tribes, and the interests of sports teams in participating in this business.
4) Malta: Building global confidence to boost gaming and tourism. In the process of recovering from the pandemic, in June 2021, the country was surprisingly included on the gray list by the Financial Action Task Force (FATF). Since then, the Government has established an improvement plan, enhancing its fight against money laundering and terrorist financing, with stricter controls on financial and tax matters. We review the territory’s economy, the progress in the authorities’ program to respond to the demands of the international community, the numbers of the powerful gambling sector, and the prospects for the advancement of the videogames and Esports segments.
5) U.S.: Best indicators ever for commercial gaming revenue, reaching USD 43.68 billion in 2021. Following AGA’s stats, it’s important to confirm that, after two years of pandemic, the gaming industry is fully recovered in the country. More and more states approve sports betting and iGaming, while people enjoy the different gambling modalities proposed by the sector. The great need for entertainment is being satisfied by the operators.