If you have any involvement in the online gambling sector whatsoever, you will already know just how rapidly the market is growing. According to https://www.prnewswire.com, the global iGaming market is set to expand at a breakneck pace of 11.5% by 2027, by which point it will be worth a staggering $127 billion, making it one of the most valuable components of the entertainment industry.

However, not all of this growth will be spread evenly around the world. Rather, a few key markets could be the drivers of much of the growth and opportunities over the next decade. So, where are the hottest emerging markets in the global iGaming sector right now? Read on to find out.

The US

It’s hard not to feel an immense sense of optimism when looking at the iGaming sector in the land of opportunity itself. Despite being a relatively limited industry just a few short years ago, things have changed beyond what most industry watchers could have ever predicted in such as short time span. A slew of US states, including Michigan, New Jersey, Delaware, and, of course, Nevada, have made huge strides towards making online gambling more accessible and competitive, issuing new licenses at a frenzied pace. If this continues, the US will become the world’s largest online gambling market before long.

Germany

Few would have expected Germany to become a core market for iGaming, but that is exactly what has happened. Ever since major strides were made to liberalize the market and made it more straightforward for operators, the business has been booming. Revenues shot up to a record €2.2 billion last year, while the market for revenue from online slots and table games jumped by 10.6% between 2018 and 2019. You can’t argue with numbers like that.

Switzerland

Switzerland has never really been on the radar for industry watchers until very recently. Ever since Swiss Federal Authorities brought in the Federal Act on Money Games (AMG) in 2019, growth has been absolutely staggering. As of now, there are not a huge number of operators in the country, which requires all sites to hold a valid Swiss gaming license. However, a few pioneer platforms such as https://www.casino777.ch/en/ are making serious inroads, offering services in English, German, French, and Italian, as any good Swiss company should.

France

With Monte Carlo on its doorstep, France was always in a prime position to capture the online gambling industry’s explosive growth. As more and more digital platforms seek to provide services within the country, the French market is running hot, hot, hot. In Q2 2021 the French iGaming sector posted quarterly revenues of €617 million, according to https://www.gamblinginsider.com. What’s more, this represents an astonishing 91% increase from 2020, where Q2 revenues only reached €323 million. In any industry, numbers like this would be considered incredible.

So, where next for the global gambling industry? Although this is a sector that is digital and less constrained by national borders, it is clear that much of the growth we are going to see in the coming years will be driven by a few key territories. The key is to be there and capture a slice of the action.

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Source: Igaming