CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News

Gaming News

 

Research and Markets: Analyzing casinos and gambling industry in Italy 2013

26 March 2013

DUBLIN, Ireland -- (PRESS RELEASE) --Research and Markets has announced the addition of the "Analyzing the Casinos & Gambling Industry in Italy" report to their offering.

Aruvian Research analyzes the Casinos and Gambling Industry in Italy in its report Analyzing the Casinos & Gambling Industry in Italy. We begin with an analysis of the global casinos and gaming industry through an industry overview, industry value analysis, industry segmentation, regulatory framework, industry competition and an industry outlook. We also analyze the factors that are impacting the global casinos and gambling industry such as regulations, mergers & acquisitions, international trade, industry globalization, amongst others.

The casinos and gaming industry of Italy experienced marginal growth during 2012, after generating strong growth from 2009 to 2012. It had a total gross gaming win of $25 billion in 2012. After the recent legal conflicts in traditional gambling markets, an obvious key strategic option for many operators is expansion into less restrictive jurisdictions or into regions where increased liberalization will likely take place in the near future. Accordingly, more than 80% of the international gambling operators (also including several state operators) surveyed believe that the Italian market will be of major relevance for their future business.

Casino de la Vallee, Queen Bingo Hall and Casino Municipale di Campione d'Italia are the biggest casinos in Italy. Italian gambling has influenced the betting laws and betting customs in most of Western Europe and North America, which has in turn changed the way people gamble worldwide. With these changes in attitude, Italy's gaming market is expected to increase by 64% by 2010. The interactive gambling market in the country is also expected to achieve an increase of around 240% by 2010.

With a minimum gambling age of 18, the country's gaming industry has also been bolstered by the youth culture. Bingo has become especially popular in recent years, with trendy youths rubbing elbows with elderly citizens at the local bingo hall. The government of Italy tried their best to keep online gambling out of their country. They even went so far as to prosecute those who accepted bets without first receiving authorization from the authorities. This did not hold up, however, and a European Union court ruled that Italy could not bar gambling companies from other European Union nations from conducting business with citizens of Italy.

< Gaming News