NEW VPS PLANS

Experience Ultra-high Performance of NVMe Storage on New UK VPS Plans.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

iGaming Market Forecasted to Hit $158B b...

iGaming Market Forecasted to Hit $158B by 2028

iGaming Market Forecasted to Hit $158B by 2028

NetShop ISP

NetShop ISP · Blog Author

Jul 28, 2021 · Data Centers

A recent business research report by Fortune Business Insights (FBI) the online gaming market to be worth over $158 billion by 2028, with Europe as a leader in the market share. The global pandemic and the subsequent government-led lock downs have affected the traditional land-based gambling market and resulted into a massive shift of players into online gambling.

As per the FBI’s report, “[An] article published by New York University revealed that digital gambling platforms have gained speedy momentum in Canada after the coronavirus broke out. In Australia, according to a report by Concordia University, Canada, spending on online casinos rose sharply by 67% in April 2020. The coronavirus pandemic has, thus, proved favorable for this market, enabling it to register a healthy CAGR of 11.2% and reach a value of USD 74.17 billion in 2021.

Among all continents, Europe has a competitive advantage due to the innovative technologies in online gambling which fuels a continuous market growth. In addition to the high standards in online gambling software and hardware technologies, Europe is a leading region when it comes to the online gambling sports, followed by North America.

The Fortune Business Insights (FBI) adds that one of the key factors to Europe’s domination are the sports enthusiasts investing large amounts into sponsoring online sports betting. The key players in the European market were highlighted as:

  • Slots Heaven Casino (Slots Heaven Casino)
  • Sky Betting & Gaming (Leeds, United Kingdom)
  • Betfred (Warrington, United Kingdom)
  • LeoVegas AB (Stockholm, Sweden)
  • Betsson AB (Stockholm, Sweden)
  • Kindred Group Plc. (Valletta, Malta)
  • Mansion Casino (Gibraltar)
  • bet-at-home.com AG (Germany)
  • 888 Holdings PLC (Gibraltar)
  • Bet365 (Stoke-on-Trent, United Kingdom)
  • Flutter Entertainment Plc. (Dublin, Ireland)
  • William Hill Plc. (London, United Kingdom)
  • Entain plc (GVC Holdings Plc.) (Douglas, Isle of Man)

Source: https://www.sigma.com.mt/news/europe-to-headline-global-igaming-market
Original Source: https://www.fortunebusinessinsights.com/online-gambling-market-104803

Award-winning iGaming Infrastructure Solutions

The ever-evolving, complex iGaming industry can be difficult to navigate and our team of iGaming Hosting experts can help guide you every step of the way. With more than a decade of iGaming hosting experience, we are able to help you meet the strict regulatory guidelines and legislations, design an efficient IT infrastructure and maintain a highly-secure environment.

All of our Cyprus, Malta, United Kingdom and Netherlands state-of-the-art Data Centers are ISO 27001 and PCI DSS certified and our premium network delivers ultra-low latency and the exceptional performance that is required for the ultimate, uninterrupted iGaming experience.

Learn more about our Awarded iGaming Solutions: https://netshop-isp.com.cy/solutions/igaming

Press Releases
72

Free VPS Trial

No Credit Card Required.

Recent Posts

How NetShop ISP Improves Trading Infrastructure Resilience through Equinix LD7 Data Center Hosting

How NetShop ISP Improves Trading Infrastructure Resilience through Equinix LD7 Data Center Hosting

21 March, 2024

Introducing New Cutting-Edge VPS Plans: OKTAPLUS, HYPER, and TITAN Enhanced with NVMe Technology

Introducing New Cutting-Edge VPS Plans: OKTAPLUS, HYPER, and TITAN Enhanced with NVMe Technology

12 March, 2024

How To Install Let’s Encrypt SSL on Ubuntu Server 22.04 for Apache or Nginx

How To Install Let’s Encrypt SSL on Ubuntu Server 22.04 for Apache or Nginx

04 March, 2024

Navigating Forex Server Hosting: Key Distinctions from Conventional Providers

Navigating Forex Server Hosting: Key Distinctions from Conventional Providers

23 February, 2024

How to Install Nginx, MariaDB, PHP-FPM on AlmaLinux 9 Server (LEMP)

How to Install Nginx, MariaDB, PHP-FPM on AlmaLinux 9 Server (LEMP)

16 February, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer