1/11/2011 4:53:08 PM
Why iGaming is an industry favourite for 2011
Well, what a year 2010 was for the iGaming sector.
Despite bleak statistics for many industries in 2010, the
iGaming sector has witnessed continued growth, bucking wider
recessionary conditions to grow by, wait for it, 12.5% in 2010,
according to figures released to iGaming Review by gambling data
business H2 Gambling Capital.
Gross revenue generated by the iGaming sector reached a
monumental US$29.95bn in 2010, up 12.5% on the figure recorded in
2009. Even with the contribution of the football World Cup removed,
the sector still achieved 11.4% growth, representing the resilient
performance of the sector amid tough prevailing economic
conditions.
The continued growth of the iGaming sector is highlighting the
significant opportunities available to organisations operating
within it. Substantial growth in this arena is bringing new job
opportunities for candidates, as we are currently witnessing at ARM
with some fantastic iGaming job opportunities.
Bingo and casino were the star performers among the seven
product verticals. Furthermore, the successes of the World Cup
underpinned the continued growth of iGaming’s largest sector,
sports betting, which recorded year-on-year growth of 10.8% to
US$12.06bn. Many land-based companies are now diversifying into the
online gaming world and many are identifying the Mobile sphere as a
key driver for growth.
With the future continuing to look bright and with increasing
regulatory reviews and continued new product development, iGaming
is unquestionably going to be a hot industry this year.
Do you have any predictions or opinions on the iGaming sector
outlook for 2011? Are you considering opening your options to work
in this exciting industry? If so please share your comments
below.
Amy Huey
iGaming
Recruitment Consultant
Add me on LinkedIn
ARM