Increased Gambling in Balkan States: 2

The Balkan states may be a good place for investors to look at due to their increase in online casino popularity and their revenue increases from licensing. The Media and Entertainment Consulting Network recently released a report that revenue in the Balkan states in online casinos has seen an increase since its last report. The information was gathered by interviewing over 90 online casino operators and marketing experts. The estimated value of the current online casino market according to the Media and Entertainment Consulting Network in the Balkan states is Euro 4.5 billion. The information used to determine that number is mostly coming from sports gambling and less dependent on the online casino, which only means that there is room for that industry to grow in that market.

Currently, the leading provider of internet gambling and gaming in the Balkan States is a company that is based out of Greece, called Intralot. Intralot has provided the Balkan online casinos with some of their best gaming systems with state of the art graphics and gaming advances. They are also credited with providing great service along with great network integration, top of the line game content and secure transaction processing. Their company services over 40 countries and has subsidiaries five continents across the world and has offices in each country. The online casino industry is sure to grow even larger than it already has, with the 43 million Internet users all over the world and with over 7 million having a high speed or broadband connection, the possibilities seem endless.

Studies like this are seen by experts, sixty percent of them, as a hope that online casinos will soon be properly legalized and regulated to benefit all parties involved. The Balkan states are remaining positive that the online casino industry will be good for their economy. Although Turkey and Greece are currently under a monopoly and have huge legal obstacles to overcome before the market leaders will be able to compete fairly in the capitalistic sense of business. The only Balkan states that have yet to be tapped into are those of the Romanians, Bulgarians, Slovenians, and the Croatians. Once they are on board profits of the online casino industry will surely soar.