The gross gaming revenues of online gaming have grown worldwide over the past ten years. The revenue has an average annual growth rate of more than 10%. In the overall market, the share of online gaming has doubled from 5.7% to 10.6%.
One of the reasons why half of the global online market is accounted for by the European market is probably the liberalization of the European countries in this market segment. In the EU, the online share of the gaming market is over 15%. In Denmark or the United Kingdom, the markets are particularly liberal. The proportions in these countries are much higher. The online share in Germany is now 16%. But here 87% is accounted for by the non-regulated and therefore illegal market.
The spread of online games
Online games are particularly popular with young players. Participation remains comparably high across all age groups.
However, observations show that young people take part in games of chance. The younger ones use other online offers to a greater extent. This leads to the assumption that online gaming will continue to grow proportionally in the future.
These reasons are crucial to online gaming enthusiasm
You can play online anywhere, anytime. But this is not the decisive point for enthusiasm for gaming. The importance of being able to use the opportunity to play from the comfort of your own home is relevant for 30 percent of online players. But the fact that they can play at all times is only important for 19 percent. For the vast majority of players, the security of withdrawals is relevant.
In numbers, this means that focus is crucial for 43 percent of players. The legality factor plays a decisive role and winning and fair execution of the game are the decisive factors.
Effects of online gaming on terrestrial gambling
Although the digitization of the game has hardly had any impact on the range of terrestrial games on offer so far. The question of whether online gambling can displace terrestrial gambling is still being discussed. For this reason, many terrestrial providers are opposed to the greater liberalization of online gaming.
Overall, new forms of play and extensions of classic forms of play with digital means are becoming more and more important. Classic forms of gambling such as lotteries, betting and casino games are increasingly in demand and sold online.