Worldwide casino market almost saturated

There aren’t many places in the United States where a person isn’t within a 3 hours drive from a casino. The saturation of the US land-based casino market is evident, but what is the significance

of this for the casinos themselves? It means they will keep growing but not independtly or from scratch as most have done so already, they will instead shift towards mergers and diversification, namely into the online world.

This is no exception, international markets are also quite saturated. Europe has already peaked and is in a similar situation as the US. Southeast Asia and Latin America are less saturated but are thus, calling the attention of US and EU based casinos looking to expand and open new markets.

The next step for most land-based casino corporations is moving to online operations. This is evident especially in Europe where most brick and mortar casinos have a mirror online venue and it’s also trending in the US where Nevada and Jersey based venues have already begun to merge and partner with online gaming corporations.

Recent Posts

UK Gambling Commission issues a £6m fine to online operator Casumo

The UK Gambling Commission has issued a £6m (EUR 7.0m / USD 8.2m) penalty to online operator Casumo for severe…

3 weeks ago

Dutch Remote Gambling Act comes into force April 1

The Dutch Gambling Authority (Kansspelautoriteit/Ksa) expects that by October 1 this year, roughly 6 months from the enactment of the…

3 weeks ago

888 Holdings report a staggering 52% increase in revenue during 2020

Amidst a global pandemic, 888 Holdings has reported a staggering 52% increase in revenue during full-year 2020 to $849.7 million…

3 weeks ago

Playtech and Flutter shake hands on another 5 years

Playtech, a leading global gambling technology company, have announced the extension of their partnership with Flutter Entertainment for its Paddy…

4 weeks ago

Will FUN Token be on solid ground in iGaming?

FreeBitco.in, a large online (crypto) casino is ambitious and is looking to turn the FunFair (FUN)Token into the token of…

4 weeks ago

Has Swedish regulation failed?

Gustaf Hagman strongly believes so. In a recent interview with Gambling Insider, the LeoVegas Chief Executive Officer expressed his concern…

2 months ago