Morgan Stanley, one of the largest American bank holding companies referred to financial conglomerates class, has recently published the information that according to its research online gaming market will not be able to generate a profit of $5 billion expected by the United States government by the end of 2017. Given the current state of affairs in this area and stagnated profit growth, the online casinos operators will be able to replenish the treasury with the total of $3.5 billion in taxes approximately.
Financial experts have gone further and announced that instead of the expected $ 9.3 billion by the end of 2020, the country will receive only $8 billion from the online casino industry. Being an economist is not obligatory to understand that over the years, the profit of online casinos will grow but very slowly. Both investors and officials are very concerned about these predictions, because the expected amounts are supposed to be actively used. (more…)