Neyrolink's director, Vadim Klymenko, expresses a desire to transform public perception concerning the gaming sector.
Steppin' Up the Gambling Game: Visionary Entrepreneur Mr. Klymenko Shares Insights on the Gambling Entertainment Industry in Ukraine and Beyond
Navigating the gambling industry as a business leader? Imagine riding a rollercoaster that's always on the go. Or perhaps stepping into a boxing ring with champions like Mike Tyson. It's a tough fight, but Mr. Klymenko takes it on with guns blazing!
Launching Cosmobet, his latest venture, meant throwing punches at global trends in the entertainment industry – packin' his bag with insights on where the industry's headed, and sharing his vision for Ukraine's role in it all.
His team isn't just a group of passionate professionals, but pioneers with a dream. A dream that reaches beyond the usual take of financial growth. Instead, they envision a ripple effect of economic, social, and communication changes that should form the backbone of every Ukrainian business.
The global gambling market is forecasted to hit $138.10 billion by 2028, according to Silentbet. That's one heck of a figure! Players are predicted to skyrocket to 245 million in the next four years, with a whopping 2.5% of the population already hooked on online gambling, and that number expected to grow.
Legal, online entertainment is on the rise, and it ain't just about market leaders like the USA, Europe, and Asia. Growth is predicted in unexpected places like Japan, where gambling was previously restricted. The world's top industry players gather for professional events like ICE London, G2E in Vegas, SiGMA in Malta, and Macau Gaming Show in Macau, sharing knowledge and networking on the global stage.
But, let's not forget about Ukraine. Big-league international events on our soil? Still a dream, not a goal. However, with the right approach and a vision to educate the public, dreams do come true. In 2021, the SBC Summit on iGaming took place in Kyiv, and with a measured strategy, we can work the Ukrainian market's potential.
Ukrainian society overlooks the fact that legalized gambling operators are powerful players in the global economy. They pump billions into their respective countries' economies, fund educational programs, and support infrastructure projects. The tiny principality of Monte Carlo, for example, thrives almost exclusively on its casinos.
The Misconceptions
Misunderstandings and false perceptions breed bias. To battle this, we need to spread knowledge and foster an objective understanding of the gambling industry in Ukraine. As an entrepreneur, Mr. Klymeno is using his platform to shift the narrative and promote responsible gambling practices.
The AGA (American Gaming Association), a powerful association in the U.S., offers a model for advocacy and education. With members from casino operators to gaming suppliers and representatives from state or regional gaming associations, the AGA lobbies for the industry's interests, promoting responsibility and legality. This dedication to education and advocacy has earned the AGA public support, with 71% of Americans backing legal casino operations, citing their positive economic impact.
The Path Forward
Ukraine's young and imperfect gambling industry presents a unique opportunity for growth. With a patient and strategic approach, Mr. Klymeno and his team are laying the foundation for Ukraine's future power and recognition in the global gambling market.
References:1. Business Insights, IBISWorld, Fitch Solutions2. American Gaming Association (AGA)3. Silentbet
- Mr. Klymenko's latest venture, Cosmobet, aims to make waves in the gambling entertainment industry, particularly in Ukraine, where he envisions a strategic shift beyond financial growth.
- The global gambling market is projected to reach an astounding $138.10 billion by 2028, with online gambling seeing a significant surge in users.
- Pioneering professionals like those on Mr. Klymenko's team envision a ripple effect of economic, social, and communication changes in Ukraine's gambling market, not just financial growth.
- The gambling industry, including legal, online entertainment, is expanding globally, with unexpected markets like Japan showing growth potential.
- Advocacy groups, such as the American Gaming Association, foster objective understanding and education about the gambling industry, promoting responsible gambling practices and public support for legal casino operations.
