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Size of the online gaming market from 2003 to 2015

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    December 31, 2015 10:46 AM EST

    Size of the online gaming market from 2003 to 2015 (in billion U.S. dollars)

    The statistic shows the (projected) size of the global online gaming market from 2003 to 2015. In 2005, the online gaming market had a volume of 13.8 billion U.S. dollars.

    Online gaming - additional information

    Online gaming, or gambling, is the wagering of something of value, usually money, on the outcome of an event or game using the internet. Online gaming includes such activities as poker, casinos (where people can play traditional casino games, like roulette or blackjack, but online), sports betting, bingo and lotteries. Of these, casino games and sports betting make up the largest share of the market. The market volume of online gaming was forecasted to reach 41.4 billion U.S. dollars in 2015, tripling in size since 2005. 

    Despite the rapid growth of online gaming, land-based gambling still dwarfs the internet activity. A gross win of around 360 billion U.S. dollars was forecasted for global land-based gambling in 2015, the largest share of this expected in the United States. In 2014, the gambling industry made a total contribution of approximately 240 billion U.S. dollars to the U.S. economy, directly employing 734 thousand people

    Land-based gambling is split into roughly the same categories as online gaming. Perhaps the most commonly associated activity with gambling is visiting casinos. In a spring 2014 survey by Nielsen Scarborough, almost 80 million Americans admitted to having visited a casino in the past 12 months. 

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    This post was edited by Spoon at December 31, 2015 10:46 AM EST

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