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SmartPhone Gambling Numbers Up
Friday November 2, 2012 : MORE GAMBLERS ARE USING SMARTPHONES
Good news for companies offering mobile betting facilities
According to the latest Ofcom Communications Market Report, 40 percent of adults in the UK now own a smartphone, up 13 percent from the 27 percent who had the devices at the same time last year.
The rise in usage is good news for the mobile gambling sector, which has been delivering remarkable revenues - especially in sports betting which accounts for over 76 percent of all mobile wagering - to most of the large online gambling groups in recent times.
Online gambling consultants, H2 Capital calculate that the mobile market reached the Euro 2.2 billion mark in 2011, and estimates that it could top Euro 5.4 billion in just three years' time, achieving annual growth rates in the region of 19.3 percent.
Mobile casino gambling is making inroads into the overall interactive casino market, too. H2 research shows that during the final quarter of 2010, mobile casinos represented 9.8 percent of the total interactive casino market and 0.6 percent of the total global casino market.
The consulting firm now predicts that the share of mobile casinos will rise 3 percent to 12.9 percent in the interactive casino market and to 0.9 percent in the total global casino market next year.
In the United States smartphone ownership has climbed to 45 percent of the adult population, and in Spain, Germany, France and Italy the number of adults owning these entertaining and versatile devices has increased by 8 percent, with 44 percent of adults resident in the European Union now using smartphones.
Looking ahead, the dominance of mobile sports betting will likely be balanced by better mobile casino numbers, with H2 estimating that sports betting will take up 50 percent of the mobile gambling market as mobile casino gambling increases its share to around 40 percent.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
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.
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