$5 BILLION ON MOBILE GAMBLING BY 2012
16 November 2007
Latest stats from Juniper Research remain
optimistic
The Juniper Research organisation released its latest
predictions on the mobile gambling market today (Monday)
which remain bullish, showing a projected $5 billion in
mobile casino wagers by year 2012 as major players move
into the sector.
The report predicts strong growth in usage levels of
both single-user games such as slot machines, and of
multiplayer gambling tournaments, fuelled by a slew of
drivers including: market deregulation, greater 3G
coverage and adoption, and – crucially - a greater
availability of simple, intuitive mobile gambling
products.
According to report author Dr Windsor Holden, “Many
online casinos are now moving into the mobile
environment, while bookmakers such as Ladbrokes and
Coral have partnered with leading applications providers
to launch own brand mobile casinos. Furthermore, the
recent success of casino products from mobile-focused
companies such as Probability demonstrates the latent
demand for these kinds of services.”
However, the report cautions against over-optimism,
observing that, recent deregulation notwithstanding, in
many markets, including the US, remote casinos are
prohibited.
“While it is possible – even probable – that we will see
some form of regulatory reform that will permit
location-based, mobile casino services in the US by the
end of the decade, casino services – mobile, online or
otherwise – are illegal in a number of territories and
are likely to remain so for some time,” said Holden.
Other findings from the report include:
* Global gross win from mobile casino services will rise
from less than $5 million in 2007 to $133 million in
2012
* The UK currently accounts for more than 60 percent of
total wager on mobile casino services, although this
proportion is likely to fall to less 20 percent by 2012
as adoption accelerates elsewhere
* While adoption of multiplayer casino services is
relatively low, average monthly wager levels have
already exceeded $100 in several markets
Juniper Research assesses the current and future status
of mobile gambling market based on interviews, case
studies and analysis from representatives of some of the
leading organisations in the growing mobile gambling
industry.
Online Casino News courtesy of
InfoPowa
More news here.
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