Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

In

South Africa, online gambling awaits legalization in 2014.

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. This ensures that the

content of the original studies is correctly interpreted.

About Research and Markets

The regulatory landscape on online gambling and betting is varied. The first

regulated online gambling website in Kenya was launched in 2013. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

Trends in online gambling and betting.

- 888 Holdings

. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

- William Hill Online

- The author’s international employees research and filter all sources

and translate relevant information into English.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

The major trends in online gambling and betting globally are mobile and

social gambling.

- Paddy Power

Online gambling and betting is spreading in the Asia-Pacific region. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers. For example, a quarter of poker

players chose to bet on unregulated networks.

Companies Mentioned

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

- PokerStars

- Ladbrokes

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

- Bwin.Party

- Betfair Group

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

Regional variations in legislation and acceptance of online gambling and

betting

Product Information:

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

Research and Markets is the world’s leading source for international

market research reports and market data. As a result companies get a precise and unbiased impression of the

market situation.

The spread of online betting and gambling is forcing governments to act

to regulate. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

Online gambling is only starting to emerge in Africa. The

majority of Western European countries have some laws in place to

channel online gambling and betting

“I’m not pro sports gambling. I’m just a realist.”

I will say that certainly all of them … He spent time overseas growing the NBA’s brand, giving him a vantage point to see how legalized gambling worked in other countries. That’s the pragmatic approach.”

PERHAPS THE BEST Silver can hope for from other commissioners is a new view of sports betting as a possible “frenemy.” It is tricky, after all, for the leagues to embrace something they’ve long denounced for its impact on the “integrity of the game.” It would also be naive to think that this is all about the sanctity of the results. So were politicians. was “inevitable” because cash-strapped states need the revenue.

U.S.

Leave it to Mark Cuban to be frank about that aspect of the NBA’s support for legalization. Specifically, New Jersey Gov. On the one side are those who tell you that’s the way it’s always been done, and on the other are those who urge you to change and adapt.

In November 2011, New Jersey voters had overwhelmingly approved a referendum to legalize Las Vegas-style sports betting at racetracks and casinos across the state. But the state didn’t give up.

In the meantime, Silver is willing to take the lead on an issue that some liken to the legalization of marijuana — socially acceptable but mostly illegal. “I felt the need to explain why I had made other statements acknowledging that I thought sports betting should be legalized,” Silver says. “Yet at the same time, we were opposing the New Jersey legislation in multiple court actions. The case is headed to the Third Circuit Court of Appeals this spring.

When asked about the support he’s getting from other leagues, Silver says, “I have talked to the commissioners in the other leagues about it, and I leave it to them to make any public statements they want to make on it. But the timing of the op-ed allowed him to address another seeming hypocrisy: Just one day prior to its publication, the league announced a deal with a successful daily fantasy operator called FanDuel, which boasted some $621 million in entry fees last year alone. Regardless of public positioning, all the leagues are actively planning for a new gambling reality. The best way for the league to monitor our integrity is for that betting action to move toward legal betting organizations, where it can be tracked. “The league and many of our teams are actively engaged in the so-called daily fantasy business,” Silver says. While the NBA is still fighting in the courts to keep New Jersey from setting up its own sports-betting operation, three other states (New York, Indiana and South Carolina) have introduced similar bills this year, and a Minnesota state representative, Phyllis Kahn, has told ESPN that she’ll be introducing a sports-betting proposal early in this legislative session.

The timing of the column, of course, was calculated. “My greatest concern,” he says, “is that there will be, in essence, a hodgepodge of regulations controlling sports betting that will vary from state to state, jurisdiction to jurisdiction, and will make it increasingly difficult to monitor betting on our very own sport.”

The evolution of Silver as gambling realist in many ways began in 2006, after he took over the league’s international operations as deputy commissioner. But I think that league policy was formulated at a time when gambling was far less widespread — even legally.”

Cuban has suggested that one way of monetizing that interest is to charge sportsbooks and casinos licensing fees to use the league’s data. team owners. And publicly, it did. “And while I wouldn’t categorize that as sports betting, on the continuum of no betting at all and legalized betting, it’s certainly on the spectrum.”

With the proliferation of casinos and state lotteries, the instant gratification of the Internet and the boom in daily fantasy sports, betting was becoming part of mainstream America. And the NHL and MLB are both currently partnered with daily fantasy sports operator DraftKings.

And so after taking over for Stern last February, Silver wasted little time implementing his approach. Just 88 days into his tenure as NBA commissioner, on April 29, 2014, Silver banned Clippers owner Donald Sterling in a four-minute proclamation on national TV, his willingness to stand alone in full view.

Stern began thinking along the same lines. You don’t have to be a cynic to think that the leagues and their owners want a piece of that very big betting pie.

THEN CAME SILVER’S op-ed. One week later, the NBA was due back in court as part of its ongoing fight to prevent New Jersey from making sports betting legal.

Silver says he hasn’t set a timetable for the day when we can legally bet on a Cavaliers-Heat game. “We have studied the New Zealand model and other models in other jurisdictions,” he says.

Through it all, Silver has remained steadfast that legal sports gambling should be addressed first on the federal, not state, level. In England, bets can be placed on a smartphone, at a stadium kiosk or even using a TV remote control. In 2009, the then-commissioner told Sports Illustrated, when asked if legal sports betting would be in the NBA’s best interest, “It has been a matter of league policy to answer that question no. “As someone who attends an enormous number of games, I’m often hearing fans talking about it,” Silver says. All of them have assigned people to study the issue intensively.

” — NBA commissioner Adam Silver

So it is, then, that for now, at least, Silver seems comfortable standing alone as the only acting U.S. In March, two NBA attorneys attended a mock sports-betting trial put on by gaming attorney Jeff Ifrah at iGaming North America at Planet Hollywood in Las Vegas. I’m glad Adam is putting the hypocrisy behind us and putting it all up front.”

In September, Silver told an audience at a Bloomberg sports business conference that expanded legalized sports betting in the U.S. MLB declined to comment for this story, and the NFL refused to even reiterate its anti-legalization stance. … commissioner to publicly support legalized sports gambling. It could have continued to treat sports betting as the enemy that for as long as anyone could remember had threatened the very fabric of the game. It saw how all that interest, as well as action from illegal offshore betting sites, fueled NBA fandom, and it realized it needed to have a seat at the table — the better to monitor and monetize those burgeoning passions. I needed a forum to make it clear.”

The Donaghy revelation became the ugliest gambling scandal to hit an American professional sport since at least Pete Rose’s banishment from baseball in 1989 and perhaps since the Black Sox threw the 1919 World Series. The illegal market across sports? Try 132 times that — an estimated $138.9 billion, according to the American Gaming Association. A 2007 letter signed by all general counsels of the major sports leagues and the NCAA, including NBA vice president Rick Buchanan, stated, “The harms caused by government endorsement of sports betting far exceed the alleged benefits.”

SPORTS IS AN ongoing contest between two forces: tradition and innovation. That’s when Silver says he began to realize the need for a response. Or on Silver, who gained extensive knowledge of foreign revenue models during his time overseas. Actually establishing a legal framework is another. In those meetings, sources with direct knowledge say, contingency plans were formed in preparation for the day sports betting is legal outside of Nevada.

This story appears in ESPN The Magazine’s Feb. District Judge Michael Shipp ruled in favor of the leagues. And in New Zealand, sportsbook giant TAB paid more than $5 million last year in commissions to the leagues it takes wagers on. “But I view myself more as pro transparency. As we became more of a global company, I began to think about what our policy should be here.”

The NBA’s pivot point on legalized gambling appeared in a Nov. But you can bet all interested parties — the other leagues, the states, the bookmakers, the bettors — are following the developments as closely as they would a point spread.

But multiple sources with direct knowledge of meetings between the leagues believe the NHL is much more open to legalization than Bettman’s comments indicate. “We have always known betting, fantasy leagues and daily [fantasy] sports have driven interest and viewership,” wrote the Mavericks’ owner in a recent email exchange with The Magazine. In that dark moment, the NBA could very well have hunkered down and waited for the dawn. Deitch prevailed.

Privately, though, the league was watching — closely — as the Vegas market and legal daily fantasy sites were growing exponentially. There also have been other, more private confabs involving high-ranking advisers to the leagues. He’s relaxed, though not unguarded. Once again, the leagues sued and won. “I am very sensitive to people thinking that I’m not understanding of the downsides,” he says. The other leagues have — at least publicly — not wavered from their anti-legalization stance after the op-ed. That’s yet another reason I think it needs to be closely monitored.”. In 2013, $1.05 billion was wagered legally on basketball, combining the professional and college levels. Attorney Harris Fischman examined major U.S. In September 2012, the NFL convened a forum in collaboration with other pro leagues, the International Olympic Committee and the NCAA to discuss best practices, law enforcement resources and the gambling industry. “We did everything possible to encourage it while publicly condemning gambling. Does it become a vehicle for betting, which may in effect change the atmosphere in the arenas?”

Nine months later, on a cold January afternoon on the 19th floor of league headquarters in Midtown Manhattan, with Hot Chocolate’s “You Sexy Thing” playing, Silver is loose and joking, all the while being prepped for his cover shoot. The “defendant,” “Ginger McKenna,” was accused of facilitating illegal sports bets. In some areas of Australia, for example, sportsbooks pay fees to leagues based on the gross revenue made off the wagering of the games. It studied and researched and planned behind closed doors before it made its move. In 516 words, he diagnosed the reality of sports betting in the U.S.: Federal and state laws are not stopping anyone from betting. And when it did, it was not subtle.

His time overseas coincided with the Donaghy scandal and the revelation, as Silver puts it, “of how important it is to have a way of monitoring irregular activity in our games.” He adds, “None of the systems we had in place had captured any betting by Donaghy.”

Studying models is one thing. Chris Christie, who in 2012 began pushing to legalize sports betting in his state by challenging the Professional and Amateur Sports Protection Act (PASPA) of 1992, the federal ban on state-sponsored sports betting. The NBA deal also included an equity stake in the company. But Adam Silver has proved otherwise. (One study by Nevada gaming company Club Cal Neva projected a possible windfall of $50 million for Atlantic City casinos if betting was legalized.) But the leagues — the NBA, NFL, NHL and MLB — and the NCAA sued, claiming that the state was in violation of PASPA and that the perception of the integrity of the games would be damaged if New Jersey began taking legal bets.

The bald 52-year-old man in glasses and a conservative dark suit doesn’t look like an agent of change — especially with the 1970s soul music playing in the background on the set at a recent photo shoot for The Mag. The move made sense to many in New Jersey, where ailing gaming and racing industries were causing financial strain. “One of my concerns is that I will be portrayed as pro sports betting,” he says. But that’s not to say he and the NBA are the only ones re-examining their approach. gaming laws, including PASPA and the Wire Act, which prohibits any betting activity that includes wire transmissions. “Then we began getting approached by sports-betting companies outside of the United States, where it’s legal, to do business with them. Billions of dollars are being illegally wagered on sports, almost all online. Subscribe today!

The opportunity for additional streams of capital from sports betting can’t be lost on U.S. 13, 2014, editorial in The New York Times, penned by new commissioner Adam Silver: I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated. “In light of these domestic and global trends,” he wrote, “the laws on sports betting should be changed. Included in the forum, which wasn’t open to the public, were talks with law enforcement officials, gaming regulators, addiction specialists and even a former student-athlete caught up in sports gambling. She was represented by Ifrah, while David Deitch, a former Justice Department attorney, represented the government. “We’re still in the monitoring stage,” he says. “I recognize that it can be very damaging to a person or a person’s family, just like other substances of potential abuse taken to extremes. have assigned people in their organizations to study the issue intensively.”

A united front among all the leagues would certainly help Silver’s cause for a federal solution. “Even if they’re not betting, they’re highly aware of the betting line and over/unders.”

Fans weren’t the only ones talking about it. The title of the exercise? “As Close as You Ever Want to Get to a Federally Prosecuted Sports Betting Trial.” In it, Assistant U.S. 16 Gambling Issue. Congress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards.”

I have talked to the other commissioners about it. And someone who’s a realist in the business. Gary Bettman, the longtime commissioner of the NHL, told CNN in November after Silver’s op-ed was published: “I think there needs to be some attention paid to what sports is going to represent to young people. “As we began to stage exhibition games in Europe and China and jurisdictions where sports betting was legal, it caused me to focus more on this than I had historically,” Silver says. In September 2014, citing a loophole in the Department of Justice’s language about violations to PASPA, Christie issued a directive to legalize.

THE NBA’S DARKEST hour can actually be marked by a single moment, concentrated down to the uttering of a sentence.  “I can tell you that this is the most serious situation and worst situation that I have ever experienced either as a fan of the NBA, a lawyer for the NBA or a commissioner of the NBA.” That was the lament of then-commissioner David Stern during a July 24, 2007, news conference announcing that referee Tim Donaghy was under federal investigation for betting on games

Tips For Hiring Offshore Employees

It is suggested that you should hire employees in India. 4.Frankly talk about the rates- Money, being an important aspect of any work, is something you must talk about openly. Before I conclude myself, I must add another point (from my personal experience) thatll definitely be helpful for you in selecting your quality IT services. India is one of the most rapidly growing countries of the world. Reason behind this is short and simple. Now hiring an offshore team and getting the work done on time is something most of the IT companies prefer.

This is definitely a smart idea, but with the availability of number of service providers, it becomes little difficult to choose one of them. Theres adequate talent availability in India, which can be employed at comparatively cheaper price than any other country.

Well, there are several points from different point of views, which have been wrapped up in 5 basic tips that are discussed below.

Hiring offshore employees is indeed the newest trend of working, but it wont be wrong to say that it is one of the most successful methods of working as well. Instead look for such a team, which has already worked on other projects and is well aware of the market standards.. Hence it is recommended to comprehensively talk about the rates.

These are the most prominent points that must be considered while hiring offshore employees. Please dont go for them. By doing this, you can easily know what kind of work have they been delivering to their clients.

1.Opt an experienced offshore team- There are several service providers available in the market that are ready to sell their services at extremely lower rates as compared to others. You can only expect work of your choice, if youve explained your expectations to the employees.

5.Work delivery- Do let the employees know about the time intervals, after which you want the work done.

2.Go through their client testimonials- Before you start working, do not forget to go through the client testimonials. However you dont need to be anxious about this, as in the coming part of this article; well go through few points that will be helpful while hiring offshore employees.

Now, as you all are clear with the Dos and donts of hiring an offshore IT services, I wish you all the best! Hire some extremely talented people who can add even more grace to your success.

3.Thoroughly explain your quality-quantity expectations- this step is one of the most significant steps involved in hiring an offshore team