Wagers To Reach Almost One Trillion Dollars By 2021
By Brian Cullingworth, Last updated Sep 16, 2016
According to latest Juniper Research report
The latest data from Juniper Research indicates that global online gambling wagers will approach $1 Trillion by 2021, equaling total global spend on digital goods and services forecasts.
Juniper's latest research, "Mobile & Online Gambling: Casinos, Lotteries, Betting & VR 2016-2021" unsurprisingly found that the trend towards migrating to the online environment and importantly mobile will continue its upward trajectory, "with the majority of net growth attributable to users of mobile channels".
Virtual reality (VR) and other new technologies are expected to account for almost 50 percent of wagers in value by 2021, the Juniper report says while user engagement and customer loyalty are key in an increasingly consolidated sector.
Other key findings in the report can be accessed here: http://www.juniperresearch.com/press/press-releases/global-online-gambling-wagers-to-approach-%241-trill?utm_source=juniperpr&utm_medium=email&utm_campaign=gambling_16_pr1_juniperpr
Online Casino News Courtesy of Infopowa
Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.
We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.
His passing in February 2019 was a dark day for us. He will be forever missed.
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