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The U.S. especially is a highly potent region for the global online gambling and betting market in terms of consumer pool, but is under extremely strict prohibitions and regulatory restrictions over the use and operation of online betting and gambling portals. As for The Middle East and Asia, the Muslim-dominated nations severely frown down on gambling or betting of any kind. However, the regulatory pressure on online gambling is expected to ease up over the coming years in the U.S. as their numbers and demand grow and present better tax return options to the states. "The immediate future of the global online gambling and betting market lies in the incorporation of online betting portals with live streaming of sports or games. This caters to a growing demand by users for a real-time sports streaming as well as betting choice. Another significant area of opportunities for the global online gambling and betting market lies in the inclusion of gamification strategies," adds the analyst. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information.
For the original version including any supplementary images or video, visit http://www.marketwatch.com/story/worldwide-online-gambling-and-betting-market-is-projected-to-expand-at-a-cagr-of-108-by-2024-betting-companies-to-bet-on-entry-into-smartphone-apps-tmr-2017-01-16
We are moving into an era where a lot of people get their information through tweets and sound bites and some headline that comes over their phone. And I think that theres a power in that. Theres also a danger, what generates a headline or stirs up a controversy and gets attention isnt the same as the process required to actually solve the problem. The president, who leaves office Friday, says he has very few regrets and is proud of the things he was able to change. Were probably the first administration in modern history that hasnt had a major scandal in the White House, Obama said. In that sense, we changed some things. But he said he is frustrated with what he wasnt able to change specifically, the gridlock in Washington. In the first two years, when I had a strong majority in the House and the Senate, we were as productive as any administration has been since the 60s, Obama said. But to sustain a governing majority, that requires an ability for Republicans and Democrats to find some common ground. And right now, the structure of the system is such where it makes it really hard for people to work together. One thing in particular clearly bothers Obama: the GOPs refusal to consider his final Supreme Court nominee, Merrick Garland. I mean, the fact that Mitch McConnell, the leader of the Republicans, was able to just stop a nomination almost a year before the next election and really not pay a political price for it thats a sign that the incentives for politicians in this town to be so sharply partisan have gotten so out of hand that were weakening ourselves, Obama said. We couldnt even get a hearing, the president said. Trying to get the other side of the aisle to work with us on issues, in some cases, that they professed, originally, an interest in, and saying to them, Hold on a second.
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