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MASSIVE FUTURE FOR MOBILE GAMBLING
Research company predicts a market worth $48 billion by 2015
A new report published this week by Juniper Research has found that a combination of mobile casino, lottery and betting service launches in major emerging markets led by China, allied to liberalisation of remote gambling legislation across the US and Europe will see the scale of annual wagers on mobile gambling exceed $48 billion by 2015.
The report reveals that, in recent years, the Japan Racing Association's iPAT service had been responsible for the bulk of global mobile gambling transactions, with casino/betting services in the UK accounting for much of the remainder.
However, the sharp surge in adoption of the mobile lottery service launched by VODone will help propel China into third place in terms of mobile gambling transactions.
Meanwhile, the US market is also poised to see the introduction of its first mobile lottery services. According to report author Dr Windsor Holden, "State lottery providers are anxious to explore new distribution channels, with US lottery sales from traditional outlets in decline. The upshot is that several lotteries are in the latter stages of discussion with mobile technology providers with a view to launching mobile lottery services in 2011."
In addition, the report observes that impending legislative changes in the US may herald an opportunity for mobile casino operators in the medium term.
Other findings from the Mobile Gambling Markets report include:
* End-users have eschewed multiplayer mobile gambling apps, preferring to multitask while playing "snacking" applications
* While Apple has begun to permit gambling apps to be sold via the App Store, the majority of service providers are opting for a browser-based approach
A whitepaper exploring the mobile gambling marketplace, 'Good Odds for Mobile Gambling' is available to download from the new Juniper Research website.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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