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Mobile Gambling To Reach 62 Billion in 2018
Thursday February 13,2014 : MOBILE GAMBLING TO REACH $62 BILLION IN 2018
Driven by previously untapped US market says research firm
UK-based Juniper Research's latest report predicts that annual wagers on mobile casinos and poker will reach $62 Billion globally by 2018, a six-fold increase on the $10 Billion wagered last year.
According to the report, the primary driver will be legalisation of selected online gambling services in the previously untapped US market, where it expects to see a host of service launches over the next five years.
"Mobile Gambling: Casinos, Lotteries & Betting 2013-2018" found that gambling operators on a global level have been spurred to develop sophisticated mobile casino solutions based on the success of free-to-play casino games.
Big Fish Casino, Poker by Zynga and Slotomania are amongst the highest grossing games on Apples App Store through consumer purchases of virtual currency and they have demonstrated how immersive games such as slots and poker can be on a mobile device.
On the other side of the coin, Juniper Research said it found little evidence that lotteries were eager to expand to mobile.
"Lack of competition in the lottery space has meant that there has been little incentive to innovate. Realistically, only if retail outlet ticket sales slump will providers be incentivised to push distribution through online and mobile channels," said report author Siân Rowlands.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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