Mobile gambling will generate €19 billion in annual revenue
A recent report released by the iGaming Business data partner H2 Gambling Capital shows that mobile betting, gambling and lottery will generate over €19 billion in gross win by 2019. This would represent a shade less than 44% of the total internet gambling win and a bit over 5% of the total gambling gross win in the industry.
Last year, the mobile gaming sector represented 18% of all internet gross win at €4.5 billion and things are expected to get better in the sector for the next five years. More and more players choose a mobile casino over the regular internet casinos for the great accessibility it provides. You can simply enjoy your favorite casino games wherever you are and play for real money from your smartphone and tablet. The declining prices for mobile devices are also a big factor that will help drive the mobile gaming revenue to record figures by 2018.
Big promos and better services
More great mobile casinos have also increased the confidence of users to play real money gambling games on their devices and the leading operators also offer some amazing offers to reward their customers. The biggest mobile casino bonus is worth up to $5,000 and is offered by Drake Casino.
Horse racing and sports betting represent a big part of the mobile gambling sector, more 75%. Punters can create a ticket on their smartphone in just a few seconds and make sure they never miss an opportunity or a juicy line. Mobile gaming has had a somewhat slower start across mobile devices but is now growing quite rapidly as the average devices become compatible to support the latest graphics over sustained periods of play.
H2 noted that over the next five years, the different segments of the mobile gambling industry should be quite similar to the online gambling segments available now, as far as traffic and options go, leaving a lot of room for mobile casinos to grow.
The continuous adoption of mobile devices in big regulated markets forces the online casino operators to supply the increasing demand for mobile gaming and most companies believe that mobile is the future of gambling. The figures released by H2 certainly support those claims.
Desktops falling out of trend
With the rise of mobile gaming, the number of players enjoying gambling options on their desktops will slowly drop but it is unlikely that the huge segment will disappear. Players which prefer having a much bigger screen for their favorite gambling options will continue to be very important in the industry.
Despite the many advantages that mobile devices provide, desktop computers will still account for more than half of the online gambling sector by the end of 2018. The best way to get the full variety of offers is to combine both mobile and desktop gambling. For example, mobile is great while on the move and can be a great way to spend your free time during breaks throughout the day, while desktop players tend to have bigger gaming sessions and are more inclined to also do other activities while gambling, such as listening to music, watching a movie or even comparing offers.
In more mobile casino news, some of the biggest online gambling operators in the industry have announced that they get more than half of their revenue from the mobile segment. Others are a bit behind on the trend but more and more companies realize the importance of mobile in gambling and are coming out with new and improved platforms to support smartphones and tablets. The constantly improving devices will also help the market grow in the years to come.
