Mobile betting news
Juniper Predicts Mobile Growth by 2012
On September 27th, 2007, according to a market study by Juniper Research, the fast expanding worldwide mobile gaming market could be worth as much as $12 billion by the year 2012.
Juniper Research said that the improvement will be helped by the expanding availability of different mobile payment options and the loosening of the gambling regulation in important markets like the European continent especially the United Kingdom.
The biggest improvement is expected in the mobile lottery market, which has about 380 million people all over the world that is expected to use their mobile phones in playing lotteries by the year 2010. The main author of the Juniper study, Dr. Windsor Holden said that mobile lotteries have already experienced important levels of acceptance in the Asia Pacific region while the European state lotteries will continue to support the mobile platform in the near future.
Holdem said that should the UIGEA or the Unlawful Internet Gambling Enforcement Act in the U.S. be scrapped, which appears to be likely then mobile lottery, mobile betting and different casino services will be available in the United States market by the year 2010.
The UIGEA was passed on October 13th, 2006. The United States could then surpass Great Britain as the single biggest mobile gaming market by 2012. Worldwide gross win from mobile gaming services will improved from $106 million this year to $2 billion by the year 2012.
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