Mobile gambling turnover is expected to reach $100 billion by 2017, with ordinary mobile gaming commanding 70% of the turnover.
A white paper recently written by expert gambling consultant Aideen Shortt and published by Bullet Business sheds some interesting light on the emergence of mobile gaming. Here are some highlights from the paper.
An Evolutionary Leap
From the get-go, the paper asserts that mobile phones shouldn't just be considered mere portable devices anymore, but rather, mobile devices present an evolutionary leap to an era of ubiquitous computing where users can seamlessly move from one device to another – something they expect their preferred brands and services to do the same.
The "Always-On" Reality
Smartphones in particular and other mobile devices have introduced a whole new reality which completely alters the way people communicate with each other and with businesses. Research shows that consumers spend over 1 hour a day on smartphones and that's just the phones: People seamlessly move from phones to tablets and computers and vice versa – this works to create a reality of "Always-On".
Mobile Daily Routine
The "Always-On" reality is shown through access point tracking made by Latitude ThinkWorks on the day of the UK FA Cup Final Day last year. It shows how people switch devices throughout the day – they wake up with their smartphones, eat breakfast with their tablets, use desktops in mid-day then they watch the game with their smartphones.
Mobile Wagering to Skyrocket by 2017
The bottom line of the paper is that gambling operators must shape themselves in light of the rapidly changing mobile demand by consumers as this is growing to be a huge market nobody can afford to miss. Predictions have it that by 2017 alone, total gambling turnover on mobile devices will reach $100 billion. Currently mobile sports betting represents 70% of the turnover, however in three years ordinary mobile gaming and gambling are expected to command this 70% share.
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