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Online Casinos Outpace Land Venues

New predictions for the internet gambling industry indicate that online casinos and all of the different sectors of the internet gambling industry will outpace the land gambling industry in terms of growth within the next five years. The land gambling industry has already really been able to feel the shift in momentum as a result of both the slowing global economy, but also because many gamblers around the world are turning to the internet online casinos as an alternative to heading out to the land gambling venues. Marco Felice Baranzelli authored a new study for the market that predicts that annual growth for the internet side of the gambling industry will have better averages than the land gambling industry until 2012.

The online casino gambling industry is still in its boom phase really. The industry has only been around for about a decade and yet it has caught on around the world and has really altered the way that gamblers are able to interact with the games. The game of poker in particular has really changed and evolved now that the game is a prominent part of the online casino gambling industry. Baranzelli’s predictions indicate that internet gambling industry will continue to grow at a rate of roughly 10.3 percent per year until 2012. The land gambling industry on the other hand will only grow at about 2.2 percent 2012.

Baranzelli’s predictions for the online casinos and internet gambling industry as a whole are pretty right on target with what some of the other industry analysts have predicted for the industry over the next five years. All analysts agree that the internet gambling industry is experiencing a huge surge in growth for several years before it is expected to level off again.