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Worldwide Online Gambling Revenues to Top $10 Billion in 2005

Worldwide Online Gambling Revenues to Top $10 Billion in 2005

November 15, 2005 -- NEW YORK, NY Revenues from worldwide online gambling will top $10 billion in 2005, according to a new report from eMarketer. US consumers are spending roughly twenty times the amount on gambling pursuits that they spend on digital music downloads, and some ten times higher than another well-known vice online porn. That's a lot of chips on tables everywhere.
"Online gambling is quickly moving to the mainstream, and it's being driven by the televised poker craze and growth of broadband," says Ben Macklin, Senior Analyst at eMarketer and author of the Online Gambling report.

Financial Spread Trading Nearly 20 million US Internet users visited gambling or sweepstake Web Sites in February 2005, equating to nearly 15% of all US Internet users, according to Nielsen//NetRatings data. In Europe, 14 million Internet users visited gambling/sweepstake sites, with the largest number of users originating from Germany. As a percentage of Internet users, however, France and Sweden top the list.

Knowing how to spread bet is a valuable weapon to have in your gambling strategy. Spread betting expert Bernard Rossi shows you the ropes. Learn financial spread betting and spread betting exchange here at inside edge.

Nfl Betting Spread More recent data from comScore Media Metrix showed that in July 2005 30 million US Internet users (18% of all Internet users) visited gambling sites that month. This is comparable to the number of Internet users who visit retail music sites and is double the number who visited gambling sites in December 2001.

Addiction gamblers don't always necessarily gamble in regular methods, at casinos or lotteries, for example. People with this problem will bet and gamble on anything, even meaningless bets with friends or coworkers. based and online casinos encourage and create problem gamblers. If there isnt a casino online or nearby, a problem gamble will bet in other ways.

Commodity Spread Trading Online poker helped spur phenomenal growth for online gambling during the last few years, says Mr. Macklin. "Poker has received all the headlines over the last few years, but the online gambling sector is much more than just poker," says Mr. Macklin. "It consists of online sports betting, online betting exchanges, online wagering on horse races, online casinos, online lotteries, online bingo, online skill games played for cash and more."

NEC Corporation ( NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140, 000 people worldwide and had net sales of 4, 855 billion yen (approx. $45.4 billion) in the fiscal year ended March 2005.

Betting Exchange Spread EMarketer's Online Gambling report answers these key questions:
What's the size of the online gambling market?
Which companies are leading the way?
What is the legal status of online gambling and online gambling advertising?
Is the current poker craze just a fad?
Why do people gamble online?
And many more...

For fiscal year 2006, Citrix reported annual revenues of $1.134 billion, compared to $909 million in 2005, a 25% increase. For fiscal year 2007, the company expects net revenues to be around $1.31 billion. For the first quarter of 2007, Citrix reported revenues of $308 million, compared to $260 million in the first quarter of 2006, an 18% revenue growth.

Advanced Commodity Spread For more information on eMarketer's new Online Gambling report, visit eMarketer.

Online travel spending in the U.S. during the 2005 holiday season (November 1 through December 31, 2005) totaled $8.6 billion, percent increase on last year. Last year U.S. consumers spent $7.4 billion during this period, according to comScore Networks. For the full year consumers spent $60.9 billion, percent increase on the previous year. Total Internet spending for the full year 2005, including travel, reached $143.2 billion, up 22 percent over the $117.2 billion spent online in 2004.

Online Spread Betting About eMarketer

Stock Spread Trading EMarketer is "the First Place to Look" for market research information related to e-business, online marketing and emerging technologies. eMarketer aggregates and analyzes e-business research from over 1,700 sources and brings it together in one place. This research is presented in analyst reports and the "eStat Database" the most comprehensive compilation of up-to-date e-business and online marketing statistics in the world. For more information, visit eMarketer.

Betting Horse Racing Spread Source: eMarketer

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