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MOBILE GAMBLING MARKET STILL GROWING
Wednesday, September 28, 2011 : Two new studies confirm that mobile is the place to be
Mobile Commerce News reports that two major online gambling studies conducted recently have shown that the online casino gambling industry is still growing... and that an increasing number of people are using their mobile devices to gamble.
The publication quotes the most recent study by the respected Forrester Research company, which reported that among American consumers who take part in online gambling, 59 percent use the mobile web.
"Furthermore, the results of research performed by H2 Gambling Capital indicated that the growth of the mobile online casino gambling industry is showing no indication of slowing down for many more years. In fact, quite the opposite. The industry should be able to sustain a solid growth rate over many upcoming years," the article notes.
The latter study also showed that mobile casino gamblers will be changing their usage patterns over the next five years as some mobile devices such as smartphones and tablets increase in popularity, while other devices are less used.
H2 Gambling Capital’s study suggests that by 2015, the mobile gambling market could be worth Euro 5.4 billion, implying an annual growth rate of 19.3 percent. It also indicated that the most popular games will move away from today’s preferred sports betting games, with mobile users leaning increasingly toward mobile bingo, casinos, and poker apps.
Today’s mobile gambling market is worth approximately Euro 2.22 billion, a number that the sources say does not include illegal/unauthorised online gambling operations which are difficult to quantify.
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Why is FullFlush Poker Still Down -
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Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
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FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
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Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
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