Turkey’s retail trade dropped 6.9 percent year-on-year in April 2019, following a downward decline in the subsequent months since January December 2018. In December 2018, a currency crisis wiped 28 percent off the value of the Turkish and Turkey’s retail sales suffered worst drop on record, sliding 9.2 percent from 12-month period and making annual inflation surge to more than 20 percent. Food is the second...
See more
Gambling is legal in Spain, and the gambling industry flourishes here as it is favorite leisure time for many local citizens. Spanish people tend to bet a high proportion of their income. It is estimated that the Spanish population of 46.5 million gamble approximately € 1.9 billion a year, which equals to around € 480 per person. Spanish gambling scene Spaniards love gambling. They gamble on almost...
See more
Over the last decade, the number of stores and the turnover of modern retail companies in Bulgaria has been growing. An overview of retail industry trends in Bulgaria indicated that it is becoming more and more competitive – the companies are fighting intensively for their market shares. According to Global Data forecast report, in 2016, retail sales stood at Lv27.7 billion and were projected to...
See more
The landscape of Nigerian gambling market Nigerian gambling industry is growing rapidly, and it is estimated that in the next five years, Nigeria will become one of the fastest-growing African countries in terms of gambling. As the Nigerian government attempts to improve the climate for doing business in Nigeria and bring in more tourists into the country, a largely unregulated Nigerian gambling market attracts many players to...
See more
Kenya is a country in Sub-Saharan Africa with legal gambling. In fact, the tremendous growth of casino and betting operators in Kenya in the last few years have branded the country with a fair label of a gambling nation. The 2014-2018 Gambling Outlook by PriceWaterhouseCoopers examined the level of the gambling industry in South Africa, Nigeria, and Kenya, and estimated the total business turnover in these...
See more
Tunisia is a country located in North Africa, on the Mediterranean coast. This beautiful country has a very rich historical and architectural heritage of many centuries, and it attracts a lot of tourists from all around the world. Legal landscape Tunisia is a country in North Africa where land-based casino gambling is permitted only for tourists. It is a Muslim country, and gambling is forbidden in Islam....
See more
Germany has a long history of gambling. The first land-based, legal casino in the world opened in Baden, Germany in 1765. The next, Kurhaus Baden-Baden opened in early 1824. Since that time, the quantity of casinos in Germany has continued to grow. Land-based casinos and sports betting shops are legal in Germany. In fact, there are over 70 cities in Germany boasting 81 land-based casino and...
See more
Notwithstanding accounting for only 2 percent of the world’s population, the Italian gambling industry makes up around 20 percent of the world’s entire gambling market. At the beginning of 2019 an independent research body Eurispes released Italy 2019 Report, which indicates that overall Italian gambling turnover reached €101.8b in 2017, more than doubling 2008’s turnover of €47.5b and going up nearly seven times since 2003’s €15.5b. Italian...
See more
South and Central America are gaining a momentum in asserting itself as one of the top global gambling destinations. Quite a few countries here now offer a wide array of various land-based gambling options ranging from casino gaming to sports betting. However, the legal status of gambling varies from a well-defined legislature and effective governance in some countries to a vaguely defined legal framework and...
See more
A recent sports ruling in the US Supreme Court has now made it possible for American states to legalize sports betting and gambling. Stakeholders in the industry reacted in measured optimism. As it stands now, the new ruling means that there is room for the creation of an oversight body and it is a huge potential for a new revenue stream. The Professional and Amateur Sports...
See more
