Growth in Land Gambling Industry
The online casinos gambling industry is growing at a phenomenal rate all over
the world and much of the recent international debates and research have
centered on the growth of the internet gambling industry. But interestingly
enough the land casino gambling industry has also reported strong growth that is
predicted to continue over the next several years. The land gambling industry is
actually a more accepted activity on the global scale than the online casinos
gambling industry – largely because the pastime has existed for much longer than
internet gambling, and many governments perceive land casino gambling as more
easily regulated than the many types internet gambling and betting – governments
argue that there are more opportunities for criminal activity and money
laundering between countries in the online gambling industry.
The land casinos gambling industry is welcomed all over the world although
recent research released by a research group attributes most of the world’s land
gambling revenues to both Europe and the United States. Global Industry Analysts
is a research group based out of California which frequently releases relevant
statistics and research related to the land and online casinos gambling
industry. According to the company, 80 percent of the world land casinos
gambling industry takes place in either the U.S. or Europe.
Other emerging land and online casinos gambling markets, like the Asian-Pacific
gambling industry, account for the other 20 percent of world casino-based
gambling. The U.S. has passed strict restrictions on the country’s online
gambling industry, but has not really touched the nation’s flourishing land
gambling industry – individual states are able to regulate land gambling as they
see fit. As for the European land casinos gambling industry, Europe recently
updated the country’s regulations concerning both land and internet gambling –
these new regulations strengthened the nation’s gambling industry. |