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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 :
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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