Key Takeaways
- GBGC’s comment on the index is that the “lesson of the last five years is that grey markets are most profitable.”
- The conclusions about the grey market seem to be based on the presence of Betfair, Playtech and Amaya in markets where the laws regarding online gaming are unclear, or where they have good arguments that their activities are legal even though the government may disagree.
- The latest iteration of the Global Betting and Gaming Consultancy (GBGC) index of iGaming companies shows that Betfair is now the largest iGaming company by market capitalization.
The latest iteration of the Global Betting and Gaming Consultancy (GBGC) index of iGaming companies reports the “lesson of the last five years is that grey markets are most profitable.”
