Gambling in Europe: winners and losers in 2013

The end of 2013 cannot come soon enough for several sectors of the European gambling market. Many gambling operators have suffered tough times over the last 12 months as the impact of the Eurozone crisis continues to weigh heavily on consumer confidence and spending on leisure activities. But even though the gambling sector wants to say a quick farewell to 2013, it might not want to welcome 2014 much more warmly.

Global Betting and Gaming Consultants (GBGC) forecasts that the entire European gambling market’s revenues will grow by just 1.7% in 2013 to US$ 120.3 billion (EUR 90.0 billion). Within that total figure some sectors perform better than others, as do certain countries.