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The companies believe that in 2012, there were 800 million portable devices used for gaming, including tablets, smartphones, and dedicated gaming handhelds like the PlayStation Vita and 3DS. By the end of next year, IDC and App Annie expect that to jump to 1.2 billion devices. While they expect tablets and smartphones to take up a larger market share, the actual installed user base for gaming handhelds is expected to hold more or less steady.
The revenue mix for portable gaming is also changing, with microtransactions making up more than half of the market's revenues this year. App Annie and IDC put the in-app purchase model behind 51 percent of this year's portable revenues, with pre-paid options (either for handheld games or premium mobile titles) accounting for 44 percent, with the remaining slice of the pie accounted for by advertising. In 2012, the group believes microtransactions accounted for about 40 percent of total portable gaming revenue.
12 hours ago
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The assessment last week by leading business analytical company Morgan Stanley that there’s a good chance that changes in Japanese law could open up gambling in that populous nation has sparked speculation that such a change could include the online and mobile sectors of the market.
Observers point to Japan’s advanced technological and communications infrastructure and the level of comfort with computers and mobile devices that most Japanese exhibit, along with a penchant for gaming and the success of pachinko in the Asian nation.
12 hours ago
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In March, Playphone became the backbone for Verizon’s social gaming portal, which is arriving on smartphones this month. The platform allows for a single social gaming platform, allowing for gifts, in-app purchases, chats, and other social features. It has also signed deals with AT&TT and Rogers.
13 hours ago
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It seems the notice from the New Jersey Gaming Enforcement Division has put casino operators into overdrive with securing software partners for the impending online gambling launch expected in November this year.
After last week’s announcement that the deadline for naming casino operators preferred supplier was the 30th June, many operators are now busy partnering up with software suppliers and there is expected to be agreements between both parties in the next week announced prior to the deadline date.
The only officially announced partnerships so far in New Jersey is between 888 Holdings and Caesars Atlantic City, Harrah’s Resort Atlantic City, the Showboat Casino Hotel and Bally’s Atlantic City, so 888 Holdings are certainly installed as a supplier for online gambling.
Another date to note is 29th July for operators, which is the deadline for all completed applications for software suppliers to be registered within the state.
17 hours ago
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New Jersey passed regulations in 2012 that would allow Atlantic City casinos and the State’s racetracks to offer sports betting comparable to what is currently only found in Nevada. The Professional and Amateur Sports Protection Act of 1992 (PASPA) forbids states from regulating sports betting if a state had not offered some form of legalized sports wagering in the 20 years before it became law. States with ten years of casino experience that did not already allow sports betting, which was only New Jersey at the time, had one year to legalize it in 1993. New Jersey failed to do so at the time. It eventually passed legalized sports betting in 2012 and was then blocked by a court order sought by the NCAA, NFL, NBA, NHL and MLB. The DOJ later joined the side of the plaintiffs, which won the first round of the legal fight.
Issues Affecting Potential Federal Online Gambling Law
New Jersey responded to a brief filed by the sports leagues on Friday. The main rebuttal of the points made by the DOJ and sports leagues revolve around the constitutionality of PASPA, which bans sports betting in 46 states, while exempting four others.
The points made by New Jersey include:
Congress can impose its own regulatory scheme on sports wagering and preempt contrary state law, but, as DOJ conceded before the district court … it has not done so here.
This interpretation accords with PASPA’s text, which makes it unlawful for a “governmental entity” to “authorize by law or compact” sports wagering, … and which, read naturally, prohibits legalization. This straightforward interpretation of PASPA is also a plain violation of the Tenth Amendment. Congress could not, consistent with the Tenth Amendment, require a State to enact a prohibition of sports wagering.
But these citations only emphasize what is absent here—a federal statute that displaces state regulation.
In other words, New Jersey contends that since no federal law or agency regulates sports betting, then it cannot forbid a state from regulating the activity itself.
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