VSO Analysis: 2022 Global Gambling Industry Predictions

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VSO Analysis: 2022 Global Gambling Industry Predictions. VegasSlotsOnline News has provided its gambling industry predictions for 2022.

VSO Analysis: 2022 Global Gambling Industry Predictions. Last year provided many highlights for the sector. US sports betting industry continued to flourish. Las Vegas surpassed expectations. Macau casinos continued with restrictions on travel. VegasSlotsOnline News has taken a look into its crystal ball to provide industry predictions for coming 12 months.

VSO predicts that betting to take Canada by storm in 2022. Canada legalized single-event sports betting in August. The industry is expected to grow to a multibillion-dollar industry. In October, Penn National Gaming completed its $2bn acquisition of Toronto-based Score Media and Gaming Inc. PointsBet has adopted a similar tactic, increasing its Canadian exposure by signing partnerships with The Nation Network and Curling Canada.

VSO predicts UK gambling regulation will look very different by the end of 2022. A ban on front-of-shirt betting sponsorship deals for professional soccer teams is one of the most widely reported incoming reforms. The Gambling Commission's role is also under review partly as a result of its supposed failings in the collapse of soccer betting firm Football Index. VSO Analysis: 2022 Global Gabbling Industry Predictions. vso.com.

Macau's gross gaming revenue totaled MOP$83.86bn (US$10.82bn) for the year 2021. It's down 70% compared to 2019. Macau is still struggling with the impact of COVID-19, recently announcing an imminent two-week ban on international travel, and 2022 will pose fresh challenges outside of just coronavirus. The licenses of all six of Macao's casino operators are due to expire in June this year. Officials are prepared to renew those concessions prior to the expiration date, but not before they complete a regulatory overhaul in the gambling hub.