Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry
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Slotegrator's report analyzes options for Australian investors to enter the iGaming industry. The rate of gambling participation in Australia is one of the highest in the world. Most forms of online gambling are widely available to Australian players, except for online gaming. Emerging markets offer great opportunities for offshore casino and sports betting businesses.
Gambling and betting is popular in Australia. In 2017-2018, the total gambling expenditure across the country was nearly AUS$25 billion. According to a 2018 Roy Morgan survey, 47.9% of Australian adults regularly gamble. The country's gambling losses per adult for 2017 were A$1325. Online gambling is banned in the Australian market. The Interactive Gambling Act 2001 prohibits companies and individuals from offering online gambling services to Australian citizens. Some investors and entrepreneurs are able to offer online betting services. Offshore gambling platforms are also viable options.
Slotegrator's report analyzes options for Australian investors to enter the iGaming industry. They are prohibited from targeting or accepting Australian players, but they are not prohibited by law from offering gambling services to audiences in foreign markets. One option for getting involved in the industry is investment. Another is to start their own online casino or sportsbook.
The overall value of the online gambling market in Asia is estimated to be $72 million. The Philipine Amusement and Gaming Corporation (PAGCOR) has become a hub for licensing offshore iGaming operations.
Slotegrator's report analyzes options for Australian investors to enter the iGaming industry in Africa. Several markets in the continent are experiencing a sports betting boom. In South Africa, the GGR was $1.9 billion in 2018. It's estimated that in Uganda, players’ yearly gambling expenditure is $42 million. 30% of the population in Nigeria place bets every day, and yearly turnover in that country is estimated to be $2 billion.
Slotegrator's report analyzes options for Australian investors to enter the iGaming industry in Latin America. Colombia became the first country in the region to regulate online gambling in 2016. In Mexico, authorized providers generate $50 million in revenues per year, but unregulated providers could be worth up to $400 million. Online gambling is worth $2.4 billion in Argentina. Brazil's recent decision to legalize sports betting will allow the government to tax 95% of the currently unlicensed market.
The European online gambling market is stable and clearly regulated. The UK accounted for over 30% of European gambling activity in 2018. Between October 2018 and September 2019, the UK's Gross Gambling Yield from online casino gaming was over £5.5 billion.
iGaming revenues are expected to reach $117 billion within the next five years. Slotegrator's report analyzes options for Australian investors to enter the iGaming industry. iGambling is a growing industry with consistent demand and constant technological innovations. iGamers are encouraged to invest in online gambling.
Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry. It analyzates the advantages and disadvantages of various jurisdictions that issue licenses to gambling operations. Curacao, Malta, The Isle of Man and the Mohawk Territory of Kahnawake are well-regarded licensing jurisdictions. for online casino projects. Many game content and software providers won't cooperate with unlicensed operators. Players look for proof of a license when choosing a casino to play on. The Malta Gaming Authority issues licenses for all types of gambling activities.
Potential operators should carefully research their target markets. Demographic research will help them form a picture of who their players are. Find out the average income and education levels of the target audience. Study the competition to find out how to bring them to your site. . The market size, population size and the state of economy are important. Social factors matter too. Countries with a well-documented love of sports probably have more potential players. Gambling is viewed as a social ill and repressed in some countries.
Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry. Premium-quality casino platform software is an absolute must for an online gambling project. Entertaining and innovative games from the industry’s leading developers will keep players engaged. Payment systems from certified providers will ensure smooth and secure deposits and withdrawals.
Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry. An online casino or sportsbook will need to quickly build a base of loyal players and keep them happy as long as possible.
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Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry. SloteGrator provides a solution for over 5000 gaming titles from the industry’s leading game developers.
Slotegrator's new report analyzes options for Australian investors to enter the iGaming industry. Payment system integration is essential to ensure smooth operations and a good reputation. SloteGrator offers a solution that bundles together over 140 payment methods from more than 20 payment service providers.
