The MENA area is made up of three countries: Egypt, the United Arab Emirates, and Saudi Arabia. It is well-known for its vibrant gaming culture, which is dominated by young people. As a result, the region has seen significant income growth throughout the years.
For example, in 2021, gaming revenue was $1.76 billion. This sum is predicted to triple by 2025 when financial predictions predict sales of $3.14 billion. Currently, there are roughly 70 million gamers, but this figure could rise to around 86 million by 2025.
Growth Factors
The MENA area has swiftly developed as a promising market, particularly in the video gaming sector. Saudi Arabia represents the Arab-speaking countries with the biggest revenue, whilst the UAE represents the smaller Gulf States.
Egypt is the largest and most competitive market in the MENA region. More investments by gaming businesses in the region, a large number of prospective gamers entering the market, increasing government backing for esports, and higher spending by each user are all contributing reasons to the sector’s expansion.
Online Casino Gaming in MENA Countries
For many years, the MENA area was regarded as a very conservative section of the world, with many elements of life subject to government inspection. However, much has changed, and the government can now authorize casino gaming, which was previously illegal. This region’s players can create accounts and play their favorite games.
However, before signing up for any online casino, make sure to check its legitimacy. Some of the most important elements to consider include proper licensing, safety procedures, and simple banking choices. Also, you can read credible evaluations about your specific casino.
While online casino gaming is rapidly expanding in the MENA region, only foreign-based businesses can provide services. Casinos in the Middle East are not licensed, thus players should hunt for safe casinos. Most operators get their licenses from other jurisdictions. The only risk is that gamers will fall for rogue casinos and face adverse effects from playing.
Final Words
The combination of online casinos and video gambling will undoubtedly transform the MENA area into a global powerhouse. These industries have already generated significant money, and the amounts are expected to increase in the future. The governments in this area have begun to relax rules, encouraging additional companies to enter the market.
Government backing will also encourage more investors to launch new games. Going forward, MENA countries should put in place security measures such as licensing and regulation to safeguard players and promote responsible gambling.