In early July the Dutch Lower House has passed an iGaming bill to regulate online gaming in the country for the first time. Online gaming has remained unregulated in the Netherlands despite many years of attempts by Dutch legislators to bring a regulated online gaming to the country.

In early July the Dutch Lower House has passed an iGaming bill to regulate online gaming in the country for the first time.

Online gaming has remained unregulated in the Netherlands despite many years of attempts by Dutch legislators to bring a regulated online gaming to the country.
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According to the domestic media, the government is now planning to label Bitcoin as a foreign currency. Using Bitcoin in Russia would remain prohibited, however such changes would allow the purchase of Bitcoin through exchange platforms.

According to the domestic media, the government is now planning to label Bitcoin as a foreign currency.

Using Bitcoin in Russia would remain prohibited, however such changes would allow the purchase of Bitcoin through exchange platforms.
(more…)

Domestic media reported gambling websites used China’s largest search engine Baidu to promote themselves. Online gambling is officially outlawed in mainland China since 1949. However, online betting operators found the platform on China’s top search engine during the nighttime.

Domestic media reported gambling websites used China’s largest search engine Baidu to promote themselves.

Online gambling is officially outlawed in mainland China since 1949. However, online betting operators found the platform on China’s top search engine during the nighttime.
(more…)

At the moment, the worldwide market size for Internet gambling is at 55 Billion USD (approx. 50 Billion EUR). A report from Zion Market Research claims that the Global online gambling & betting market expected to reach USD 94.4 Billion (approx. 85 Billion EUR) globally by 2024. According to Zion Market Research, the report analyzes […]

At the moment, the worldwide market size for Internet gambling is at 55 Billion USD (approx. 50 Billion EUR). A report from Zion Market Research claims that the Global online gambling & betting market expected to reach USD 94.4 Billion (approx. 85 Billion EUR) globally by 2024.

According to Zion Market Research, the report analyzes and forecast online gambling & betting market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue. Assessment of online gambling & betting market dynamics gives a brief thought about the drivers and restraints for the online gambling & betting market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the online gambling & betting market on a global level.

Zion explains: “The report gives a transparent view of the online gambling & betting market. We have included a detailed competitive scenario and portfolio of leading vendors operative in online gambling & betting market. To understand the competitive landscape in the online gambling & betting market, an analysis of Porter’s Five Forces model for the online gambling & betting market has also been included. The study encompasses a market attractiveness analysis, wherein game form, component, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.”

As major contributors Zion lists Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc, Paddy Power Betfair Plc, GVC Holdings Plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Playtech, William Hill Plc., among others.