Mobile Gaming and Betting Reports Return Record Numbers

Mobile Gaming and Betting Reports Return Record Numbers

Mobile Gaming and Betting Reports Return Record Numbers

📅23 January 2014, 13:12

Mobile saw soaring numbers from 2012-2013, and market analysts predict that if things continue on their current course, the industry will see mobile revenue nearly triple by 2018.

Presently online gambling accounts for roughly 8% of all gambling gross win, while recent research supports the claim that by 2018 mobile gambling may account for as much as 45% of all gambling gross win. This is tremendous for operators currently investing in mobile gaming and those entering the iGaming arena. If all goes well the industry shows great promise for gaming products across the board.

It’s hard to ignore the numbers and many states in the US are eyeing online and mobile gaming as a source of additional revenue. With New Jersey joining Nevada and Delaware in opening their borders to online gambling, word around the campfire is Colorado, California, Pennsylvania and Illinois are entertaining the possibility of opening their doors to online betting as well.

The majority of mobile betting currently takes place with bookmakers, highlighting the medium’s convenience, but as developers address the limitations imposed on casino and poker operators, namely user experience and device capability, these industries will become major contenders for users’ attention.

Interactive gaming is predicted to bring in as much as €19 billion in 2018 according to the report published by H2 Gambling Capital, up nearly €15 billion from the €4.5 billion garnered