Experts expect international online gambling boom

Improved economies in countries including Brazil, Russia, India and China, means more people have money to spend and some believe they will spend it on recreational activities like online gambling, Online-Casinos.com reports.

According to the news outlet, these nations are beginning to gain a middle class of people who are starting to have access to extra money that they never had before. In years past, gambling was not a big sell, but now that there is more money to spend, many experts believe that the attraction of online slot games, table games and even bingo may entice new players looking to try their luck.

Potential players in China and Russia may have a harder time finding sites as their governments strictly monitor gambling, however players in India and Brazil are working toward legalizing the act in the near future.

The publication reports that India might be the first to see profits made within the industry because people their are hungry to play.

Lorien Pilling, director of research for Global Betting & Gaming Consultants told the new source that more billionaires come out of India over America and Europe combined.

"There is a huge propensity to gamble amongst the Indian population," Pilling told Online-Casino.com.

Do you think online gambling will become big in any of these countries?

Published on 11 January 2012