Online gaming revenues in Europe rose by 6.6 per cent to €17.8bn in 2016, as regulated markets grew strongly, said Adam Krejcik of research group Eilers and Krejcik Gaming.
This was in spite of restrictions in Portugal, Poland and the Czech Republic, which were either closed or edging towards regulation, costing operators an estimated €500m.
The largest operator in Europe is the privately owned UK-based bet365 with eight per cent of the market share. The largest public company in 2016 was Paddy Power Betfair with seven per cent of the market, said Krejcik.
In the next two years, there could be three or fewer operators that are active in every regulated market in Europe, he said, adding that, presently, Amaya is the only public operator active in all regulated European markets.
Source: Fantini Gaming Report
