Tuesday, November 13, 2007
Mobile Gambling to reach US$5 billion by 2012

According to a publication by Juniper Research organisation mobile gambling will strongly grow in the coming years, as a result of market deregulation, 3G penetration and development of simpler gambling applications.

Today, mobile gambling is only possible in a few jurisdictions, but has proved there to have much potential. Betting on horseracing in Japan amounts to a few billion US$ annually already.