What are the top 10 emerging gambling markets to watch in the next year?
1. Brazil: With a population of over 200 million people, Brazil has the potential to become one of the largest gambling markets in the world. The government has recently passed legislation to legalize sports betting, and there are discussions to further expand into other forms of gambling.
2. Japan: Known for its love of technology, Japan recently legalized casino gambling in select locations. This has attracted the attention of major gaming companies looking to enter the market and capitalize on the country’s tourism industry.
3. India: Gambling laws in India are complex, and the market is largely unregulated. However, there have been discussions to legalize and regulate certain forms of gambling, which could create a massive new market for both domestic and international operators.
4. Vietnam: Vietnam’s gambling market has been growing rapidly in recent years, thanks to relaxed regulations and increased foreign investment. The government is also considering further expansion of the gaming industry, which makes it an attractive market to watch.
5. Mexico: Mexico has a well-established gambling industry, primarily focused on land-based casinos. However, there has been a push for online gambling regulation in recent years, which could open up new opportunities for operators in this market.
6. Nigeria: With a population of over 200 million people and a growing middle class, Nigeria has emerged as a potential hotbed for gambling. The government has taken steps to regulate the industry, and many international operators have shown interest in entering this market.
7. Argentina: Argentina has a long history of gambling, with a significant number of land-based casinos. However, the government has recently begun discussions to regulate online gambling, which could lead to further growth in this market.
8. South Korea: While South Korea already has a well-developed gambling industry, there are plans to further expand and diversify the market. This includes the development of integrated resorts, attracting major global gaming companies.
9. Colombia: Colombia has seen significant growth in its online gambling market since it was regulated in 2016. The country has a well-established regulatory framework and a growing interest in online gaming, making it an attractive market for operators.
10. Kenya: Kenya has a vibrant sports betting industry, driven by a high smartphone penetration rate and a young population. The government has implemented stricter regulations in recent years, but the market still holds potential for growth and development.