H2 Gambling Capital Predict Mobile Growth by 2018
Nov 13, 2013
Mobile Growth Predicted by H2 Gambling Capital
With mobile growing quickly, especially in Europe, it would be no surprise to see its figures shoot up come 2018, and that is exactly what gambling intelligence group H2 Gambling Capital are predicting. Indeed, they expect that mobile casinos, sportsbooks and other forms of gambling will account for almost half – 44% – of gross winnings across the whole interactive gambling sphere.
With the US set to get their hands on mobile casino games shortly – early 2014 is the prediction from Delaware, who became the first state to have a legal online casino earlier this month – that market will likely become rich pickings for iGaming companies.
The report, titled ‘Mobile: The Future of Interactive Gambling’, suggests that more than EUR 19 billion will be won by the end of 2018, compared to the EUR 4.5 billion figure they attributed to mobile gambling in 2012.
However, despite this rise in mobile, the playing of mobile slots, betting on mobile sportsbooks, and so on, is only a drop in the ocean when compared to global gambling income. Mainly due to high rollers, major casinos in Las Vegas and Macau, as well as many other locations around the globe, account for a large chunk of gambling revenue, something unlikely to change.
However, as regulation is liberalized bit by bit across the world, mobile gambling is definitely set for an era of growth, especially in comparison to online gambling.