Bullish Mobile Gambling Numbers

Published: Saturday, May 06, 2006 Online-Casinos.com

BULLISH MOBILE GAMBLING NUMBERS

$7.6 billion four years hence says survey company

Figures from the latest Informa Telecoms & Media study indicate that global mobile gambling revenues will grow from $1.2 billion in 2005 to $7.6 billion in 2010, split across the chief categories of sports and spread betting, mobile lotteries and scratch-cards, and casino and skill games.

Juniper Research is even more bullish, predicting that global mobile betting will grow from $2 billion last year to $19.3 billion by 2009, with mobile lotteries becoming the most popular form of mobile gambling.

Either way, Asia is pegged as a key market for mobile gambling over the next few years, the studies show. Informa says mobile gambling in Asia will grow from $426 million to $2.7 billion by 2010, making it the second largest market for mobile gambling after Europe.

Juniper Research agrees that Asia will see strong growth of mobile lotteries, due to the strong culture of lottery betting in the region - and because most lottery applications don't require 3G capabilities to succeed.

The relationship between mobile gambling growth and regulatory climates is clearly illustrated in Europe. Mobile gambling is gaining traction there at rapid rates, largely due to more relaxed legislation, the Informa study finds.