European Gambling on the UP

Online Casino gambling has had a hard time in 2006, but a resent report by the European Commission says that business is booming Europe despite recent heavy losses by their US counterparts.
This resent study revealed that gambling amounts to 3% of total EU GDP and is set to rise further as US operators home in on European opportunities.
This report also mentioned that €51 billion was generated through gambling (45% lotteries and 17% betting), in 2003.
The CEO from Chartwell Games a Mr Lee Richardson said, “The current drive towards licensing in Italy will offer new international operators substantial retail and online betting and gaming opportunities in a strong growth market; we are very excited by the new possibilities in what has always been a key area of growth for Chartwell's clients.”

Click here for Casinos