iGaming Business, key provider of intelligence for the online gambling industry, has announced the launch of a new report looking at the rise and growth of the online casino industry. The Global Business of Online Casinos is reporting on one of the most established online gambling sector, which has recently become the topic du jour, with the recession leaving many looking for alternative sources of income and international regulators yielding to a freer gambling market. The report clearly demonstrates that by the end of 2010, the online casino market will be worth $4.7bn globally in terms of gross gaming yield. It will rise to $5.8bn by the end of 2012 and to $7.1bn by the end of 2014 in terms of gross gaming yield, which is an increase of nearly 79% from 2009.
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