News Articles

Wednesday, May 23, 2012

Five-fold increase in mobile bets expected in five years

A surge in social gambling activity, coupled with the increase of legal casino and lottery services in the USA, will see a significant increase in the amount of money spent on mobile betting over the next five years. That’s the conclusion of a new report from Juniper Research.

It says last year’s total of just under $20 billion in mobile wagers is expected to reach $100 billion by 2017. In the UK, some betting organisations are now seeing around 20% of online wagers being placed via mobile phones and tablets.

However, the report notes that sports betting’s dominance of mobile gambling will be overtaken by casino gaming in the next five years.

Dr Windsor Holden, the report’s author, said “Social gaming companies such as Zynga are seeking to move from play-for-fun casino games into real money gambling, while pureplay mobile casinos including Probability have begun to integrate with the Facebook mobile platform. In this way, consumers will be able to use their social networks to register for casino games, substantially increasing both the reach and engagement of such services.”

[Whitepaper; Report]

Print
Author: The Fonecast
1 Comments
Rate this article:
No rating

Categories: Applications, NewsNumber of views: 1118

Tags: ukresearchsocial networkinggambling

1 comments on article "Five-fold increase in mobile bets expected in five years"

1
0

Jacques LeDisco

5/24/2012 8:43 AM

Mobile Betting News-July: Virtual Currency in Mobile Gaming

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«October 2016»
MonTueWedThuFriSatSun
262728293012
3456789
10111213141516
17181920212223
24252627282930
31123456

Archive

Terms Of Use | Privacy Statement