VIXIO Regulatory Intelligence has launched the VIXIO Data Hub to help global gaming companies with the accuracy of their business projections.
Research from VIXIO has indicated that online gross gaming revenues in Europe and the Americas are expected to exceed $50bn by 2026.
As a result, the regulatory and business intelligence provider believes it is vital for the industry to have a “centralised access point for reliable data, information, and insights to support strategic growth opportunities and empower accurate market projections”.
Described as “a portal for strategic planning and analysis that updates the regulatory parameters as they change, to make business forecasting more accurate”, the VIXIO Data Hub will allow business stakeholders to “validate internal assumptions, quantify the size of new business opportunities, and prepare for future market growth with confidence”.
Roseanne Spagnuolo, Chief Content Officer for VIXIO, stated: “In an era of expanding regulations and the pursuit of new opportunities, industry executives and advisors require access to the broadest range of verifiable data and accurate, transparent forecasts to ensure their business plans are aligned with regulatory and market realities.”
The hub offers global coverage of verifiable data, forecasting dashboards and industry-leading analysis to support global gambling companies, along with their investors and advisors, with due diligence, strategy, and development initiatives.
Regarding global coverage of verifiable market data, the Data Hub offers over 400 data sets and four million data points on an “easy-to-navigate portal” for industry professionals to access.
All the data from regulated gambling markets and publicly traded companies is reported and verifiable, updated in real-time and consolidated thanks to VIXIO’s proprietary Market Monitor to enable “easy comparison on a regional basis”.
Using VIXIO’s proprietary forecasting methodologies, forecasting dashboards are available on the Data Hub to allow users to produce forecasts for key global gaming markets based on growth strategies and future regulatory assumptions.
These dashboards are updated continuously to take into account legislative or market developments, “supporting internal forecast benchmarking and underpinning operating strategies”.
Industry-leading analysis within the Data Hub is provided by VIXIO’s expert team of analysts. The team will help businesses identify “market trends before the competition” and grow their global gambling knowledge, including in new verticals and jurisdictions.
Spagnuolo added: “Data Hub provides a 360-degree view of the global gambling industry, simplifying the due diligence process and empowering clients to swiftly and easily develop their growth strategies.”