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TABLET GAMING WORTH $3 BILLION IN 2016

Sunday February 24,2013 : TABLET GAMING WORTH $3 BILLION IN 2016
 
Most in-game purchases on tablet will be made in Far East & China and North America says Juniper
 
According to the latest Juniper Research on tablet gaming, device users are to spend an estimated $3.03 billion on in-game purchases in 2016, far outstripping the $301 million calculated for 2012.
 
Research found a clear migration of users from dedicated portable gaming devices across to tablets, and some extent smartphones.
 
Siân Rowlands, the author of the report, gave some food for thought saying: "when we consider that only a small amount of gamers actually make in-game purchases, and those that do typically only spend a few dollars, it becomes apparent that there are a small proportion of consumers spending thousands annually on these virtual currencies, who subsidise the game for everyone else."
 
Free-to-play casino style games are benefitting from in-app purchases with games such as Slotomania, Poker by Zynga and Texas Poker seeing a sharp rise in the number of players buying chips and in-game items - some of which spend as much as $100 in one transaction to maintain a smooth and uninterrupted gaming session.
 
Looking ahead, the majority of in-game purchase revenue on tablets will be made in the Far East & China and North America, which will account for over 86 percent of users’ spend in 2016.
 
Smartphones will remain the primary device with which users make in-app purchases on, with more than $6 billion spent on them in 2016, more than double the amount spent on tablets.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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