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Online Casino News - November, 2008

Research and Markets Publishes Mobile Gaming Report

 

 

  Seed Newsvine

by Devon Chappell, News Staff Writer

November 22, 2008

The mobile online gambling sector has fared pretty well in 2008 despite regulatory setbacks hampering the internet betting market as a whole, according to the latest report released by Research and Markets. Titled, "Mobile Gambling: Casinos, Lotteries and Betting 2008-2013", the report provides a comprehensive look at mobile gaming the world over, including projections through 2013 for eight principle regional markets, including the UK.

One of the most in-depth publications covering the online mobile gaming industry to date, research was segmented according to the primary sectors within the mobile market - lotteries, casinos and betting (sports). A primary component of this research pertained to regulatory legislation both on a national and international stage, all of which has been written and passed within a short time frame.

Part of what is so remarkable about the mobile gambling industry is how large it has become in such a short time period. Granted, the online gambling industry didn't come around until the mid-to-late-nineties. Mobile gambling, however, didn't really begin gaining any momentum until only a few years ago. Part of the problem (besides regulatory setbacks) has been mobile integration and available technologies.

Well, the technology is certainly available these days. An increasing number of mobile online gaming applications are now compatible with the leading cellular makes and models, including Nokia, AT&T and Cingular. Furthermore, an increasing number of top-label online casino software companies have developed software platforms compatible with download apps on mobile handsets.

As mentioned, the biggest challenge the international online mobile gaming industry faces in the years to come is market legalization. Research and Markets' "Mobile Gambling: Casinos, Lotteries and Betting 2008-2013", has aimed to not only answer this question, but also questions pertaining to specific regions showing great promise, such as the United Kingdom and Asia - where mobile penetration is at an all time high.



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