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MOBILE GAMBLING BUCKS THE ECONOMIC TREND
In stark contrast to much of the entertainment and leisure sector, gambling via mobile phones will perform strongly in 2009, led by the UK market, according to a new study from Juniper Research just released.
The study found that total wagers on mobile phones are expected to more than double in 2009 to more than $3.6 billion, whereas user spending on mobile TV and mobile games will be adversely impacted by the global economic downturn.
According to report author Dr Windsor Holden, "Gambling is essentially a recession-proof industry, as while there may be marginal reductions in the level of stakes amongst casual users, the overall appetite for gambling per se will be unaffected. Furthermore, with the growing availability of betting services on-portal, the mobile is an increasingly convenient and user-friendly means of placing a bet."
The Juniper report also noted that the overwhelming majority of leading European bookmakers now offered some form of betting service on the mobile, with several having partnered with leading network operators.
However, the report notes that regulatory restrictions remain a key impediment to mass adoption, even in countries where mobile betting services are permitted, and argues that national and state governments need to implement a clear and transparent framework governing all forms of mobile gambling services for the benefit of both consumers and service providers.
Other findings from the Juniper Research report include
* Mobile betting will account for 75 percent of all gambling on mobile handsets in 2008, with casino-type gambling the second-largest sector
* The UK alone will account for more than 30 percent of bets placed in 2008, although this proportion will decline to just 8 percent by 2013 due to increased deployment of services elsewhere
* Global gross win from mobile betting services is expected to exceed $1 billion annually by 2012
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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