Mobile Gambling Worth Billions
Mobile phone gambling worldwide will be worth nearly $12bn globally by 2010, according to a new report by analyst firm Juniper Research.
The report attributes this surge to the increasing deployment of multiple mobile payment technologies, as well as the liberalisation of remote gambling legislation in key markets.
Mobile lotteries are expected to be the most popular service by the end of the forecast period, predicting more than 380 million users worldwide.
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