The Russian Federation is a lucrative place for the iGaming market. However, the government’s decision to ban gambling in the country has hurt the potential of the untapped market. Home to more than 142 million people and more than a few potential high rollers, Russia could be a mighty force in online gaming.
Whilst Turkey currently remains a secular state, the influence of Islam can still be seen in the government’s stance towards gambling. The country, which was once home to a thriving casino industry, has now largely banned gambling in all its forms, with the exception of a number of state-regulated enterprises. This hasn’t affected its citizens’ thirst for online slots, though, and many of the best casinos still welcome Turkish players with open arms.
Over the last few years, the world’s fifth largest country has been experiencing incredible economic growth. Though things have slowed down recently, Brazil’s boom that’s brought a host of middle class comforts, like Internet access, to a population that’s readily embraced them.
Acting on the favorable exchange rates for the US dollar overseas, the continued outsourcing trends, and the on-going overall globalization trend worldwide, companies all over the globe are accelerating their activities in foreign markets.
It would be remiss to discuss the online gaming industry without taking a look at a few of the possible risks—or challenges—that could have an impact on companies that are targeting this marketplace.
The online gaming business is progressively moving into markets around the world, changing the model of the gambling industry as many consumers turn to the Internet to bet on sports, gamble on slots or play cards.
Choose a good iGaming site or online casino where you can play the games that you want with liberty and convenience.
Across the Asia, with exception to Japan, the iGaming market continues to experience a steady, healthy growth in the previous year of 2014. With this, experts estimate that the revenue coming from this region can reach up to US$30.39 billion in 2018 at a compound annual growth rate of 18.53%.
Online gaming is considered as one of the most popular activities in the entertainment scene. Due to the vast reach of the internet as well as the continuously improving, gambling sites are becoming more accessible for all people.