Leading nations in the iGaming Industry as online gaming continues to grow amid international popularity, technology and game development.
The iGaming industry has seen tremendous growth recently. It’s estimated to reach $50 billion by 2024 and shows no sign of stopping any time soon. These four countries have played a major part in the growth of this industry: Japan, the United States of America, Malta, and the UK. Let’s take a closer look at what makes each one special!
Japan is one of the leading countries when it comes to iGaming. With a high percentage of internet users and a large population, there are plenty of opportunities for casino operators to expand into this market. The country’s strict gambling laws make it a difficult place to operate at first glance, but those who play casino online can find success here.
Japan’s online gaming landscape has grown significantly over the years, with an estimated $1 billion traded each year on domestic sites alone. This growth can be attributed to Japan’s large population and the high percentage of internet users: Currently, 116 million people are living in Japan, and 81% have access to the internet.
The United States is one of the biggest players in the iGaming industry, with a thriving casino market and an established online poker scene. It’s also home to many major iGaming companies, including PokerStars and Full Tilt Poker.
The US was one of the first countries to legalize online betting after 9/11, so it’s no surprise that they’re now one of the most influential markets within the industry. They have an estimated population of 325 million people, which means if you’re trying to break into this market, there are plenty of opportunities for you here!
Malta is also growing as a leader in the iGaming industry. Known for its friendly regulation and tax benefits, it’s also home to a large number of iGaming companies.
The country has a long history of gambling laws, going back to the 17th century when it was known as “The Island of Delights” for English tourists. It wasn’t until the late 1990s that Malta began making strides toward becoming an iGaming hub by liberalizing its casino regulations and creating new gaming licenses for land-based and online casinos.
The UK is one of the largest markets for iGaming, with a robust regulatory framework and a large number of players and operators. The UK is also home to some of the most popular games in the world, including:
There are only a few countries that have contributed to the growth of the iGaming industry. These countries include Japan, the United States, Malta, the United Kingdom, Sweden, Italy, and Gibraltar, among others. These nations have seen a surge in their iGaming popularity as more and more people are drawn to the convenience of online gaming.
The iGaming industry is booming and expected to grow over the next few years, and countries are looking to capitalize on this growth. Some of these countries are already leaders in the industry, while others are looking to catch up with countries like Malta.