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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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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
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.
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