Austrians Like the Internet
As the European gambling market grows and online casino gambling emerges into
new markets some of the smaller European countries are showing marked increases
in the number of gamblers heading to the internet for their gambling fun.
Austria is one of the smaller gambling markets – online betting is popular but
overall the country has shown only small yearly increases in revenue growth for
the internet casinos and betting companies. This year’s report, however,
indicates that Austria’s gross gaming revenues are on the rise as Austrian
gamblers spend more at internet gambling and betting sites.
Online casino gaming revenues throughout Europe and the world are expected to
really surge in the next several years. The internet gambling and betting
industries are still relatively new in many European countries and industry
analysts predict that it will be as long as five years before online casinos and
betting sites fully saturate the world market.
The growth in the Austrian betting market is significant at an overall increase
of 12.4 percent for the country’s gross gaming revenues. Also of note though is
the fact that while online casinos are only just catching on extensively in
Austria, the Austrian sportsbetting industry is extremely lucrative and turns a
50 percent yearly growth in recent years.
Interestingly enough though is the research that indicates that while the
European online casino and sportsbetting industries are predicted to grow at
huge rates the Austrian market will likely continue to grow for the next two
years and then begin to slow down on yearly gross revenue growth. |