Over the past couple of years, online gaming operators have been struggling to grow in Europe due to many countries introducing online gaming regulation and the introduction of value-added tax (VAT) on all electronic gaming services at the beginning of this year. Similarly, gaming in land-based casinos in Europe has also experienced struggles recently which was blamed on a declining amount of disposable income.
Industry analysts, however, believe this will change in 2016, with the European gaming industry being presented with a more positive outlook.
Moody's Investors Service, a company well-known for its international financial research, recently published that the gaming industry in Europe is predicted to incur "modest growth" next year.