Mobile betting news

Mobile Betting Gaining Strength Despite Online Gambling Crackdown

Despite the efforts to curb online gambling in different continents around the globe, many believe that mobile gambling will be around for years to come.

Analyst house, Juniper Research, conducted a study and reported that stakes gambled on mobile phones will climb $16.6 billion globally come 2011. Despite a lower forecast they made for the North American region, the figure has risen from last year's $1.35 billion.

Juniper Research takes the stand that for the next 2 years, Europeans will be the dominant market for the gambling industry in terms of spending. However, they predicted that Europe will be overshadowed by the Asia Pacific region by 2008, with an estimated figure of $6.7 billion by 2011.

After the recent war of the US against online gambling which had many major players scampering to close down their US operations, it is now a safe assumption that 80% of gambling revenues will be coming from the Asia-Pacific region and Europe.

According to another research study from TNS, as commissioned by consultancy Morse, many UK workers have already taken up online gambling. According to the study, 30% of UK workers are betting in the office or claiming that they know people who do.

Most office workers who participated in the research said they favored the national lottery, with sports betting coming in second.


Tuesday, February 20, 2007