In decline: Poker gaming yield
2016-08-31 12:10:35Global Betting and Gaming Consultants (GBGC) provided GamblingInsider with figures that show that the gross gaming yield (GGY) from internet poker throughout the world is in decline.
The figures indicate that the GGY from internet poker will drop to $3.22bn by the end of 2019. This is a steady decline, given that the worldwide poker-generated GGY stood at $4.99bn in 2010, then fell to $4.54bn in 2011 and hit a mere $3.61bn in 2015.
In sum, this is a decrease of 28% over a five-year period; and if the GBGC’s predictions are correct, figures would decrease by a further 9% between 2016 and 2019.
Changes in the market may be a reason for this decline. While North America was with 59% one of the most lucrative markets in 2005, the North American market share fell to 12% in 2015. This can be attributed to the 2006 US ban on online gambling and the online pokers ‘Black Friday’ of 2011, which saw three of the largest online poker companies, PokerStars, Full Tilt Poker and Cereus, go to court over bank fraud and money laundering.
During the same period, from 2005 to 2015, the Asian share of the market went up from 3% and 13%. This is closely correlated to the decline in US share; nevertheless, this newly-emerging market gives hope to the many poker companies, which are attempting to branch out into these markets.
Top Casinos
Best Welcome Bonus
-
Vegas ParadiseGrab an excellent 50% Welcome Bonus up to £100 plus 25 Free Spins at Vegas Paradise!#Ad New Players Only. UK players only. Wager from real balance first. 50X wager the bonus. Contribution varies per game. selected games only. Wager calculated on bonus bets only. Bonus valid 30 days / Free spins valid 7 days from receipt. Max conversion: 3x the bonus amount or from free spins: £20. Min Deposit £10. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms Apply. BeGambleAware.org.Read ReviewClaim Bonus
-
UnibetDeposit with £10 and get £40 with Unibet!#Ad 18+. BeGambleAware.org. New Customers Only. Minimum deposit £10. 50x wagering requirement apply. Bonus will expire 30 days after opt-in. Further T&C's apply.Read ReviewClaim Bonus
-
CasinoLuckCasinoLuck welcomes you with a superb 100% Welcome Bonus up to £50 and 50 Spins on the Starburst slot!!#Ad Terms & conditions apply. New players only. 18+. Min Deposit £20. Wagering requirement apply 35x. Offer valid for 72h. BeGambleAware.org.Read ReviewClaim Bonus
-
Spin HillSpin the Mega Reel for the chance to win up to 500 Free Spins with Spin Hill!#Ad New Players Only, Min Deposit £10.00, £8.00 Max Win Per 10 Spins, Max Bonus Equal To Lifetime Deposits (Up To £250.00), 65X Wagering Requirements And Full T&CS Apply Here. Cashback Must Be Claimed On-Site, Calculated As A % Of Daily Deposits, Minus Withdrawals. Further T&Cs Apply. 18+. BeGambleAware.org.Read ReviewClaim Bonus
-
GentingBetGet a 100% deposit match up to £200 at GentingBet!!#Ad New Customers. 35x real money cash wagering of initial deposit amount (£20-£200) on qualifying slot games completed within 30 days unlocks equivalent cash bonus (% game weightings apply). Payment restrictions apply. 15 days to accept/opt in .Full T&C's here. 18+. BeGambleAware.org.Read ReviewClaim Bonus