Mobile gambling is a growing industry. In 2009, Gartner analysts estimated global mobile gambling revenues at $4.7 billion. By 2010, they expect that figure to increase to $5.6 billion. The 2006 US law prohibiting internet-based gambling is one factor that has slowed growth in mobile gambling. However, growth is still expected to continue.
Millions of people worldwide own smartphones and the number is increasing year after year. Many of them cannot go anywhere without their phones. Mobile gambling offers gamblers the same convenience and gaming experience as traditional desktop gambling. Whether you are waiting for a train or on a plane, you can play your favorite games from the comfort of your smartphone.
Creating a mobile-optimized website is the smartest thing to do for any startup. Investing in quality design and testing is crucial. Apps are also a great addition for a small business. Moreover, you should keep an eye on market projections and statistics. If you have the budget, you should incorporate further optimization in your future plans.
The Gambling Commission says that the overwhelming majority of social gaming users do not spend money. Despite this, the Commission notes that further research is needed to determine whether gambling apps are causing harm. It also stresses that gambling on mobile devices is an addiction, and that the addiction is growing in popularity among young people. It is important to understand the risks associated with gambling in order to make health care priorities and policy decisions accordingly.
Mobile gambling is a growing market, and the number of mobile casinos continues to grow year after year. The growth of this industry is being driven by the proliferation of mobile devices. In fact, over three-quarters of the world’s population now has access to a mobile device. It is estimated that mobile gambling will reach $115 billion in 2026.
Mobile players tend to be more apt to convert into paying customers than traditional web users. Studies by Optimove have shown that mobile gamers are more likely to make more payments and start more betting sessions than their web-based counterparts. However, mobile players must also meet certain wagering requirements in order to cash out any bonus money.
The prevalence of problem gambling has increased among internet users, and this may be due to the increased number of available gambling options. However, these statistics are not conclusive, and the prevalence of gambling disorders may be due to other factors that may influence problem gambling. Microgaming is the only developer that can match the success of NetEnt, with over 500 games in its library.