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European Market

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European Market

Reports state that the European betting market will grow by 9.20 percent in four years' time. This is due to the increasing sports gambling popularity, software, and hardware innovation.
European bookies offer various online casino games to increase their revenue. Bettors can visit spielothek online to place horse bets. In this post, we discuss the European gambling industry.

5 Top European Gambling Markets

These are the biggest betting markets in the continent:

The nation earned a Gross Gaming Revenue (GGR) of 18.1 billion euros in 2019. Gambling started over five decades ago in Italy. The Roman Empire made it popular in different parts of the country.

The European nation allows betting, lotteries, and sports gambling. Bettors consider its gambling laws to be liberal in comparison with those of other European nations.

The Italian government passed several relaxed betting rules in 2018, and they greatly contributed to an increase in its gross gambling revenue in 2019. Players wagered 100 billion euros on casino cages, poker tournaments, and poker cash that year.

Germany got a GGR of 14.3 billion euros in 2019, and sports analysts predict that the gambling revenue will increase to 3.3 billion euros in 2024. Early last year, senior government officials met and approved some betting regulations to allow online poker and online casinos.

The new regulations came into effect in July 2021. Now, casino operators can provide German bettors with poker, sports gambling, and slot games.

Goldmedia conducted a survey comprising 400 online players in the country. About 12 percent of the gaming clients play online slots each day, while 32 percent play them weekly. The report stated that most online slots players use smartphones as 65 percent of the respondents use various mobile devices.

The country had a 12.2 billion euros gross gaming revenue in 2019. About 17.4 million people participated in various gambling activities across the nation that year.

France is friendlier to bettors more than other European nations. It allows and regulates all forms of gambling. The state allows land-based bookies to offer casino games, card games, racing bets, and sportsbooks. But, online bookies cannot offer casino games.

The country's gaming industry changed in 2010 when the government formed the Gambling Act and the Regulatory Authority of Online Games. The Autorité de Régulation des Jeux en Ligne (ARJEL) was in charge of regulating and licensing online bookmakers in the country from 2010. France has one of the highest numbers of online bookies and brick-and-mortar casinos in the region.

Spain's gross gaming revenue in 2019 was 8.9 billion euros. Statistics show that Spanish bettors gamble over 1.9 billion euros each year at codere casinos. This is equivalent to 480 euros per person and is 15 percent of the country's net household income.

The country allows gamblers to wager on bingo, football, horse racing, slot machines, casinos, and racing pools. The state national lottery is still the most renowned type of betting in Spain. Its gambling industry changed in 2011 after the government passed the Spanish Gambling Act allowing online casino games.
The Netherlands

The Netherlands had a gross gambling revenue of 3.1 billion euros in 2019. It allows land-based gaming and prohibits remote betting today, as the Gambling Authority doesn't issue remote betting licenses.

Digital Entertainment in Europe

Europe offers the best digital entertainment worldwide as it has web-based betting. It engages millions of people as the continent leads in the global market. They have bodies that collaborate with various national authorities.

Their strict regulations enable them to build trust in bettors. Besides, most European sportsbooks provide premier gambling services and follow various policies.

Many European nations allow sports gambling. They have different legislations that abide by the European Union's (EU) freedoms.

Certain jurisdictions have monopolistic regimes that offer different betting services. Italy, Germany, France, Spain, and the Netherlands have the largest gambling markets.
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