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Tremendous Growth in Mobile Gaming Predicted
 September 7, 2006, 4:42 pm (5 years ago)According to a most recent industry report, mobile gambling revenues in the Asia-Pacific region are set to increase from $966m in 2006 to $8.8bn come 2011.
For all aspects of mobile gambling relating to casinos, lotteries and betting, the Asia-Pacific region is envisaged to become the largest geographic market. They will be followed by Europe, North America, South America and Rest of the World a substantial way behind, according to the Juniper report.
In the next five years, Asia Pacific and Europe will throw in similar revenues. Europe will see a considerable rise in total revenues by the way of value of bets placed, from $950m in 2006 to $7.9bn by 2011. In similarity, North America will rise from zero revenue in 2006 to over $3.3bn by 2011, if at all the legislation permits. South America will nurture from £34m to $1.33bn.
A forecast says that, the no would exceed in the Asia Pacific region to the tune of 1.3bn users by 2011. An increase, which will equalize 40 per cent of global subscribers in five years.
Research Director at Juniper Research, Bruce Gibson said, 'Globally revenues are set to rise – in part - thanks to the inherent advantages of mobile communications in terms of convenience and pervasiveness.'
Exactly Mr. Gibson! The catch word of the player is always, “Give me a good word. Or none at all”.
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