NEW YORK, Feb. 3, 2015 — Glorywin Entertainment Group (OTCQB:GWIN), one of the largest online casino operators in the world has announced their growth forecasts for 2015. Interactive/online gambling is one of the biggest growth drivers in the gambling industry, growing almost 400% in the past 10 years from $10.1 billion in 2004 to $39.5 billion in 2014.
According to Research & Markets “about 51% of the world’s population takes part in some form of gambling every year, thus signifying obvious financial benefits from online gambling websites. With the expansion of the online gambling industry, players have come to expect only the highest quality of online gambling facilities.”
Since 2012, the gaming industry in Macau has consistently brought in more revenue than the entire commercial casino industry in the U.S, outpacing Wall Street’s conservative projections. In 2013, Macau reported revenue of $45 billion, up 20% from the previous year and almost 7 times higher than Las Vegas revenue of $6.5 billion.
Glorywin has seen 4% growth month over month for 2014 and is projecting that number to increase to 5-6% for 2015. The company brought in over $800,000 in net profit for Q2 2014 while expecting to add an additional 4 to 5 junkets to their active base of 25 throughout the next 12 months.