Mobile Gamblers to Reach 201 million by 2010

Mobile Gamblers to Reach 201 million by 2010 By staffThe market for mobile gambling content is predicted to rise from US$1.2bn of annual revenues in 2005 to US$7.6bn by 2010, by which time there will be more than 200 million consumers gambling using their mobiles, according to Informa Telecoms & Media's new report, Mobile Gambling.

However, to reach this goal, operators and the companies who run mobile gambling services will have to negotiate legislative, technological and cultural hurdles.

“Mobile gambling is already generating significant revenues, but there is room for sharp growth in the years ahead,' says Stuart Dredge, the report's author. 'Operators recognise that there is a strong demand for mobile gambling services, and there is no shortage of companies looking to provide them. However, the industry must keep in mind its responsibilities to tackle underage and problem gambling.”