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Worldwide Online Gambling Revenues to Top $10 Billion in 2005

November 15, 2005 -- NEW YORK, NY Revenues from worldwide online gambling will top $10 billion in 2005, according to a new report from eMarketer. US consumers are spending roughly twenty times the amount on gambling pursuits that they spend on digital music downloads, and some ten times higher than another well-known vice online porn. That's a lot of chips on tables everywhere.
"Online gambling is quickly moving to the mainstream, and it's being driven by the televised poker craze and growth of broadband," says Ben Macklin, Senior Analyst at eMarketer and author of the Online Gambling report.

Make Money Online Nearly 20 million US Internet users visited gambling or sweepstake Web Sites in February 2005, equating to nearly 15% of all US Internet users, according to Nielsen//NetRatings data. In Europe, 14 million Internet users visited gambling/sweepstake sites, with the largest number of users originating from Germany. As a percentage of Internet users, however, France and Sweden top the list.

- Online retail sales will grow from $81 billion in 2005 to $144 billion in 2010. The Internet will influence nearly half of all retail sales in 2010 (compared to 27 percent in 2005). By 2010, 71 percent of online users will use the Internet to shop compared to 65 percent in 2005. In the words of Dan Muse of eCommerceGuide.com, “Seize the opportunity and integrate your offerings now.”

Internet Business Opportunity More recent data from comScore Media Metrix showed that in July 2005 30 million US Internet users (18% of all Internet users) visited gambling sites that month. This is comparable to the number of Internet users who visit retail music sites and is double the number who visited gambling sites in December 2001.

For fiscal year 2006, Citrix reported annual revenues of $1.134 billion, compared to $909 million in 2005, a 25% increase. For fiscal year 2007, the company expects net revenues to be around $1.31 billion. For the first quarter of 2007, Citrix reported revenues of $308 million, compared to $260 million in the first quarter of 2006, an 18% revenue growth.

Free Money Online poker helped spur phenomenal growth for online gambling during the last few years, says Mr. Macklin. "Poker has received all the headlines over the last few years, but the online gambling sector is much more than just poker," says Mr. Macklin. "It consists of online sports betting, online betting exchanges, online wagering on horse races, online casinos, online lotteries, online bingo, online skill games played for cash and more."

Online travel spending in the U.S. during the 2005 holiday season (November 1 through December 31, 2005) totaled $8.6 billion, percent increase on last year. Last year U.S. consumers spent $7.4 billion during this period, according to comScore Networks. For the full year consumers spent $60.9 billion, percent increase on the previous year. Total Internet spending for the full year 2005, including travel, reached $143.2 billion, up 22 percent over the $117.2 billion spent online in 2004.

Work At Home Business EMarketer's Online Gambling report answers these key questions:
What's the size of the online gambling market?
Which companies are leading the way?
What is the legal status of online gambling and online gambling advertising?
Is the current poker craze just a fad?
Why do people gamble online?
And many more...

New figures from the British Chambers of Commerce (BCC) have revealed that the cost of red tape to British business has risen to over á50 billion in 2006, compared with á39 billion in 2005 and á10 billion in 2001.

Free Online Affiliate Program For more information on eMarketer's new Online Gambling report, visit eMarketer.

Nintendo Company Limited has announced that its sales for the first half of its fiscal year have unexpectedly fell due to lower sales of the Nintendo GameCube and lower sales in software in the North American market. For the six month period that ended September 30, 2005, Nintendo's revenue dropped 6.9 percent to 175 billion yen (US $1.5 billion). In May, Nintendo forecast revenue of 190 billion yen, resulting in a 15 billion yen difference.

Auction Coin Money Paper About eMarketer

Franchise Business Opportunity EMarketer is "the First Place to Look" for market research information related to e-business, online marketing and emerging technologies. eMarketer aggregates and analyzes e-business research from over 1,700 sources and brings it together in one place. This research is presented in analyst reports and the "eStat Database" the most comprehensive compilation of up-to-date e-business and online marketing statistics in the world. For more information, visit eMarketer.

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