The recent years has seen massive growth in the industry of online gaming. The industry is set to hit the 80$bn mark by the end of 2020. If you see the stats, 11% of the total internet traffic now comes from online casino players. Some of the countries are experiencing a massive boost in the gaming industries. Take UK for example, it has seen boost by 300% after a new legislation since 2014.
The remote betting-industry has seen a huge growth but it is not the only one to rise. Non remote betting industry which includes bookies and casinos, has seen a strong improvement in recent years. Online casinos do also generate a large amount of revenue for many countries. Popularity of online casinos is increasing day by day. These online casinos offer very good bonuses and promo codes like twinspires when you register.
Why this has become so popular??
The main credit should be given to the technical advancement in recent years. The gaming experience has become better, the connectivity is better and mobile gaming has become a new norm since each and everyone seems to have a cellphone these days.
The countries which have made most of the online games
The online gaming includes multiple sprawls like Microsoft Xbox, Sony Playstation, PC’s, Mobile gaming etc. Thousands of games are releasing every year and hundreds of them are generating revenue from sales. The revenue includes two stages of which first is by selling a game and then second by playing online. The third source includes by legalizing betting and other casino oriented games.
Well, China had to be in this list. It generates over $27.54 billion in revenues which makes it one of the most attractive nation for gamers and of course for the government as well. It is one of the largest and fastest growing business sector in china. According to Wikipedia it has over 457 million users currently active. China also has some of the largest gaming companies in the world including Tencent, NetEase and more. The average Chinese gamer in china is very young (18 to 30 years old) and it is just like the users of internet in the country. Most of the gamers in the country belong to the urban areas.
United States of America
It doesn’t really matter about which topic, rating or ranking you are talking about. If it’s the countries that you are talking about. You can’t simple ignore one country which is USA. It was May14, 2018when U.S. Supreme court ruled out that the federal ban on state-sanctioned sports betting is unconstitutional. It was always a huge player in the market of online gaming since a lot of people own the gaming consoles in the country and play it online, but after a new ruling on legalizing betting and its strong connectivity network, it is expected to overtake china very soon.
The video gaming in japan has always been a major industry from the very beginning of gaming. Japan has always been a leader in technology. The classic Sega & Nintendo Arcade were first created here and since then It has some of the very best gaming companies which are based in the country such as Sony Computer Entertainment, Taito, Capcom and Konami etc. it generates significant amount of revenue from selling games and by offering support for online gaming. It is no brainer that it is one of the most important countries when it comes to online gaming.
Republic of Korea
Yes there is another Asian country in the mix. It is none other than South Korea, a technological giant which has a strong online gaming culture. It is considered to be a major social activity. Some of the local role playing games, FPS and mobile games are very popular in the country. Real time strategy also has a fair bit of following in the country. There is no doubt about the fact that when it comes to gaming Korea is the developed market. Average growth rate of the gaming industry is more than 15% for last 10 years which tells you the story about string gaming culture. Korea is a dominating appearance in the eSports. Many of the world best gamers and the coaches come from the Korean peninsula.