The global online gambling industry is growing at a consistent 11 percent every year, and gaming analysts say that should continue into the next decade.
Yet, the online gambling industry has reached a relative saturation point in nations where it is legal. Meanwhile, mobile gambling is growing at about double the rate of online gambling, and accelerating every year.
It’s easy to learn to gamble on your tablet on muchgames.com and other free websites. You also can use your smartphone or other mobile device to wager and win cash at online casinos that also support mobile gambling.
This year, mobile gambling should account for about $100 billion of the $500 billion global online gambling market, industry analysts say. That’s a 20 percent increase from a year ago.
Next year, when online gambling likely will top $550 billion in total revenues, industry experts say mobile gambling should produce some $165 billion in action. That’s a 65 percent increase.
If the United States expands legal online and mobile gambling, the online and mobile wagering world could become much larger, much faster.
Mobile gambling offers many great advantages for bettors.
The cost of entry is almost non-existent when cellular service providers offer free and low-cost smartphones, tablets and other devices. And cellular services now support high-speed, seamless gaming.
By comparison, a computer costs hundreds of dollars, plus the cost of Internet service and equipment. Yet, with a computer, gamblers are tethered to their computers via either an Ethernet cable or Wi-Fi signal range limitations.
Mobile gambling lets bettors go anywhere and play any time. It also offers the convenience of texting and phone services.
Even a smartphone supports high-definition gambling, and tablet devices have screen sizes that rival many laptops. All support digital sound effects and high-speed gaming. Those are a lot of advantages over a computer, and that’s showing up in the numbers when comparing online gambling growth versus mobile gambling.
Also affirming the likely coming dominance of mobile gambling is a recent study showing 65 percent of gamblers surveyed said they would opt for using their mobile devices to gamble instead of their computers if forced to choose using only one or the other.
With mobile gambling poised to grow at several times the rate of online gambling, soon, most bettors likely will use their phones and tablets for more than talking to their friends and loved ones.