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MOBILE SET TO OUTPACE PC AND LAPTOP SALES BY 2012
Bullish future for mobile internet technology, says Morgan Stanley
Morgan Stanley internet analyst Mary Meeker expects smartphone sales will surpass PC and laptop sales in 2012, with more than 450 million units sold.
Speaking in San Francisco at the Web 2.0 Summit this week, Meeker revealed that by 2013 .mobile sales will approach 650 million units. The expert analyst flagged China as a source of major mobile growth with 14.5 million 3G users - some 2 percent of the population, and significant growth potential.
That compares with 37 million in the United States, but that population grew by 941 percent in the third quarter compared with one year ago.
For landline connections, Internet video is taking off, Meeker said. According to analytics firm Sandvine, Netflix captured 21 percent of traffic during peak hours in the third quarter. YouTube users take up 10 percent of traffic.
Meeker said Internet advertising is “ripe for innovation.” On Facebook, 27 million users said they like Zynga’s Texas Hold’em Poker game, the equivalent of the number of people who tune in to "American Idol." The cost per impression for Texas Hold’em Internet advertisers is $30 less than for "American Idol" ads on TV.
China’s top social networking site, Tencent is the fourth-largest net company, Meeker said, with $1.8 billion in revenue and a market capitalistion worth $41 billion. Tencent users create virtual identities that have generated $1.4 billion in virtual goods revenues in 2009.
Taking lessons from Japan, social networking will drive demand for smartphones, Meeker predicted. Four years ago, Mixi, Japan’s leading social networking site, drew about 17 percent of its page views from mobile phone users. In the past quarter, 84 percent of page views came from mobile phone users.
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Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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