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Casino App Sales Up 55 Percent

Saturday January 10,2015 : MOBILE CASINO APP SALES SOAR
iOS-based app sales up 55 percent year-on-year.
Quoting numbers from the latest report by industry tracker App Annie, VentureBeat reports that spending on mobile casino games on the iOS platform was up 55 percent from November 2013 to November 2014.
The casino app market is currently assessed at $2.7 billion, and is dominated by social casino action in which real money does not directly change hands.
However that situation is gradually evolving into more real-money activity as nations like the UK and Australia develop the business, with the digital gambling industry on pace to reach $100 billion in revenue by 2017.
It's a startling transformation, bearing in mind that mobile gaming was only worth about $21 billion in 2014, and console gaming generates around $55 billion in spending.
App Annie reveals that download rates for card, casino, and dice games on mobile were up slightly, but that each category saw very significant increases in revenue.
Card-game revenue was up 50 percent year-over-year to a total of approximately $150 million, and casino games saw a 55 percent increase to around $100 million.
The story is repeated Google Play, where the combined revenue for casino and card games was up 105 percent year-over-year.
App Annie notes that the changes represent a shift in spending for the industry from web-based social networks like Facebook to mobile, with the latter attracting more people to this sort of gaming.
“In Q3 2014, online gambling industry heavyweight PokerStars saw over 50 percent of new registrations come through mobile channels,” reads the App Annie report. “Mobile is now a key channel for expansion to new users, driving considerable growth of the online gambling industry as a whole. A prominent position in the mobile market is, therefore, likely to translate to growth in other sectors for gambling and social casino companies.”
VentureBeat points out that mobile growth is largely due to the popularity of smartphone apps.
The publication notes that downloads for the iOS casino category were up 10 percent compared to flat growth everywhere else. For revenue, casino games saw 60 percent growth, which again outpaced the rest of the world.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

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 - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

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.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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