Mobile Gambling Market Facing Huge Growth Until 2019Published June 16, 2015 by Amir G
New report estimates huge growth for the online mobile gambling market in the next 4 years.
Technology research company Technavio is set to release a new report in the coming days which shows the growth of the online mobile gambling market.
The bottom line is that the global mobile gambling market is growing at an impressive CAGR (Compound Annual Growth Rate) of 43.08% percent from 2014-2019 in terms of annual wagers. This aligns with other reports published in the past year, pinpointing the mobile market as a future leader in terms of revenues.
Play From Anywhere
The report attributes the relaxation of government's regulation regarding online gambling as one of the main causes, together with the great many opportunities opened to players via mobile gambling.
The meeting between more openness among lawmakers and the growing strength of mobile devices as main playing platforms, draws players to online casinos and sportsbooks. The familiarity of using their day-do-day mobile devices allays the technological concerns many have regarding the use of online casinos.
Live Casino on Your Phone
Another interesting intersection that draws many to playing on-the-go is the meeting between mobiles and live casino games. Live casino games bring players as close as they can get to the real brick & mortar casino experience, letting them play against professional live dealers.
One good example is the live dealers available to mobile players over at the award winning 888 Casino. 888 has just recently added live roulette to its iOS app for iPhones, and live blackjack for its Android app.
Mobile Slots Still King
Like on desktop, slots are king on mobile as well. Some might argue that they're even more fun to play, especially on tablets where players can swipe their finger to simulate a pull of the lever.
Mobile slots collections at top online casinos like Casino Las Vegas demonstrate this well. Players can access the casino straight from their mobile devices to play long-time Playtech classics like Frankie Dettori's Magic Seven, Desert Treasure, Gold Rally, Safari Heat and many more.