Sports Betting

Worldwide Online Gambling Revenues to Top $10 Billion in 2005

November 15, 2005 -- NEW YORK, NY Revenues from worldwide online gambling will top $10 billion in 2005, according to a new report from eMarketer. US consumers are spending roughly twenty times the amount on gambling pursuits that they spend on digital music downloads, and some ten times higher than another well-known vice online porn. That's a lot of chips on tables everywhere.
"Online gambling is quickly moving to the mainstream, and it's being driven by the televised poker craze and growth of broadband," says Ben Macklin, Senior Analyst at eMarketer and author of the Online Gambling report.

Sports Betting Tip Nearly 20 million US Internet users visited gambling or sweepstake Web Sites in February 2005, equating to nearly 15% of all US Internet users, according to Nielsen//NetRatings data. In Europe, 14 million Internet users visited gambling/sweepstake sites, with the largest number of users originating from Germany. As a percentage of Internet users, however, France and Sweden top the list.

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Betting Internet Said More recent data from comScore Media Metrix showed that in July 2005 30 million US Internet users (18% of all Internet users) visited gambling sites that month. This is comparable to the number of Internet users who visit retail music sites and is double the number who visited gambling sites in December 2001.

Revenue for the year increased 19 percent, to $2.78 billion, from $2.33 billion a year earlier. building revenue of more than $3.3 billion on more than 6, 000 homes in fiscal 2004. Citing its expanding community count and lot supply, the company said it anticipates income growth of at least 20 percent next year, with similar growth in fiscal 2005. Analysts currently expect earnings of about $4.07 a share on revenue of $3.51 billion for 2004 and $4.63 a share on revenue of $4.32 billion for 2005, according to First Call.

Football Betting Online poker helped spur phenomenal growth for online gambling during the last few years, says Mr. Macklin. "Poker has received all the headlines over the last few years, but the online gambling sector is much more than just poker," says Mr. Macklin. "It consists of online sports betting, online betting exchanges, online wagering on horse races, online casinos, online lotteries, online bingo, online skill games played for cash and more."

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Sports Betting Forum EMarketer's Online Gambling report answers these key questions:
What's the size of the online gambling market?
Which companies are leading the way?
What is the legal status of online gambling and online gambling advertising?
Is the current poker craze just a fad?
Why do people gamble online?
And many more...

In 2005, Singapore hotels recorded S$1.2 billion in room revenue, an increase of 16 per cent over the same period in 2004.

Internet Betting Poker For more information on eMarketer's new Online Gambling report, visit eMarketer.

Addiction gamblers don't always necessarily gamble in regular methods, at casinos or lotteries, for example. People with this problem will bet and gamble on anything, even meaningless bets with friends or coworkers. based and online casinos encourage and create problem gamblers. If there isnt a casino online or nearby, a problem gamble will bet in other ways.

Sports Betting Site About eMarketer

Internet Betting On Horse EMarketer is "the First Place to Look" for market research information related to e-business, online marketing and emerging technologies. eMarketer aggregates and analyzes e-business research from over 1,700 sources and brings it together in one place. This research is presented in analyst reports and the "eStat Database" the most comprehensive compilation of up-to-date e-business and online marketing statistics in the world. For more information, visit eMarketer.

Horse Racing Betting Source: eMarketer

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