PricewaterhouseCoopers published the Global Gaming Outlook report stating that in 2011 gambling industry showed total revenue of 132, 410 million US dollars. Of these, $59.5 million in the USA, $47,042 millions in the Pacific Asia, and $16,175in Europe, Middle East and Africa combined. Compared to 2010, the industry demonstrated growth of 12.6%, with the highest growth of 37.2% in Pacific Asia.
For many online casinos this year was very successful. Yet, for some it was the year of major changes and reorganizations. Some casinos were closed for good, others got rebranded or transferred player accounts to more successful brands via redirect. A number of casinos were temporarily closed for maintenance due to updates and strategic improvements. The list of all casinos closed in 2011 are available below.
Closed for good
In case the online casino does not show any steady positive growth regardless of any measures taken to revive it, the owners can make a decision to close this casino for good. In some cases the casino may be closed by the supervising authority due to the licensing violation or other reasons. Things that can happen to the player's account and player's funds depend on the gambling authority that supervised this casino. UK Gambling Commission, for example, is one of the best licensing authorities that protects players' rights, and all closed casinos licensed by it always pay the balance.