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Analyzing the Casinos & Gambling Industry in Belgium

Belgium casinos market: Casino Kursaal Oostende leads industry


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2014-03-05 07:48:03 - Analyzing the Casinos & Gambling Industry in Belgium - a new market research report on companiesandmarkets.com

The Belgium casinos market has been facing a steady downfall over the past couple of years. It is anticipated to go through a period of ups and downs in matter of growth for the period of coming five years. Lotteries remained the largest segment of the casinos & gaming sector in Belgium in 2011. The Belgium Gaming Commission acts as the national gambling regulatory authority. It supervises land-based gambling and online gambling through the recently amended Belgian Gaming Act, which has seen the approval of licenses for a number of offshore-based casino operators.Casino Kursaal Oostende is one of the top players in the industry at the moment. Recently it was revealed that OMEGA Gaming (Malta) Ltd. is pleased to announce

 

 

that Belgian-licensed operator win2day.be, associated with Grand Casino Brussels at Viage, part of the Casinos Austria International Group, has completed the launch of its multi-channel online gaming offering powered by the OMEGA CORE management system. Global economic downturn impacted adversely the land-based casino markets in Europe as the credit markets considerably tightened, and money inflows became a major concern. A number of entertainment industries suffered losses as disposable income declined. However the online casino industry continued to display steady growth, even during the period of financial crisis, as they offered extended periods of entertainment for relatively lower stakes. While large online casinos are expected to witness a healthy growth, the relatively smaller ones are projected to exhibit negative growth rates in the near future.Report ScopeThis report begins with an analysis of the global casinos and gaming industry through an industry overview, industry value analysis, industry segmentation, regulatory framework, industry competition and an industry outlook. We also analyze the factors that are impacting the global casinos and gambling industry such as regulations, mergers & acquisitions, international trade, industry globalization, amongst others. Moving on to the analysis of the casinos and gaming industry in Belgium, we analyze the industry through an industry overview, industry value analysis, industry segmentation, industry competition and a future perspective.An analysis of the major players in the global casinos & gambling industry as well as the major players in the Belgian industry is included in the report.

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