Mobile online gambling is growing as smartphones and tablets become more popular and affordable, process more information and present higher quality images and sounds.
Juniper Research, a UK mobile commerce analysis firm, says the deregulation of online gambling in the US and Europe and the development of the Chinese market will push annual wagers on mobile gambling platforms to more than $US100 billion in 2017.
The most rapid growth in mobile gambling is expected to come from casino games - roulette, blackjack, poker and virtual slot games.
Aristocrat chief executive Jamie Odell says consumers have a growing appetite for gambling games on mobile devices, and Aristocrat is developing new games and modifying its existing games for mobile platforms...
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America tends to ban online gambling rather than regulate it. Since the Justice Department indicted popular gambling websites such as Full Tilt Poker and PokerStars in 2011, millions of Americans have turned to illegal betting sites. An estimated 1,700 offshore sites handle bets worth more than $4 billion a year. They offer scant safeguards for players; nor do they effectively keep out children...
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It's a clear sign of the times that right now, the most valuable thing Sony owns in the consumer electronics sphere isn't a piece of hardware at all. That in itself isn't entirely new - for many years, Sony's most valuable properties have been words, not items, with the Sony and PlayStation brands being worth far more than any individual product which carried them. Now, though, Sony has reached the point where the most valuable thing it owns, and the company's best if not only chance of navigating the extremely tough circumstances in which it finds itself, is networked software - the Sony Entertainment Network, to be precise...
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Zynga has seen a massive erosion of its user base, one that has accelerated in recent months. The industry analysis firm AppData estimates that Zynga's Monthly Average Users (MAUs) have now fallen below 127 million, the company's lowest level in four years. And in just a single quarter during 2013, the company lost more than one-quarter of its most loyal daily users.
As a result, hundreds of Zynga employees have been laid off, Pincus has been replaced as CEO, and three top executives have recently been tossed out. The new CEO, Don Mattrick, told investors on the company's most recent earnings call to expect "two to four quarters of volatility." In other words, the company has a rocky short-term future ahead of it...
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Neither Google or bwin.party executives have confirmed the rumours or denied them, but industry observers say that the deal would be an unlikely one as bwin.party are soon to go live in the US again and the hope of turning around the fortunes could be close...
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The boom in growth that is forecast has factored in the US market which given its current pace of expansion past the three state that have already legalized online gambling (Nevada, Delaware and New Jersey), it is forecast that the US market will be worth $173 billion or a growth rate of 5.5% annually by 2018...
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Reports in New Jersey have confirmed that the Division of Gaming Enforcement (DGE) are confident that the 23rd November will see online gambling live in the state, however this date is expected to be for live online free to play gambling and NOT for real money...
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The road to Nevada offering online poker to residents of other states is long and tortuous and gaming regulators took a step in that journey Wednesday when the state Gaming Control Board conducted a workshop meeting on a proposal for companies to offer progressive jackpots across state lines...
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