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September 22, 2008

Online gambling tops $9bn a year

Online gambling generated a colossal $9bn in revenue worldwide last year, according to data from Point Topic.

By Janine Milne

Some 12% of men and 6% of women in the UK join the 22 million individuals worldwide who gamble online. Altogether, 7% of the online population gambles, leaving plenty of scope for this $9bn to swell substantially, although there are factors – such as the fact that it is illegal in China and difficult in the US – that inhibits its expansion.

“We estimate that the gaming sites earn $35 per player per month in the high income countries, which is fairly conservative, and around $10 per month per player from the low income territories,” said John Bosnell, senior analyst at Point Topic.

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