Asian punters will drive sharp growth in the mobile gambling industry over the next five years, with global revenues forecast to top seven billion dollars a year by 2010, a research house said on August 02.
Lotteries will remain the most popular form of mobile betting and some 200 million people worldwide will be placing bets through their phones by 2010, Informa Telecoms and Media said in a research summary made available to AFP.
Mobile gambling is now estimated to generate 1.2 billion dollars in annual revenues, with Europe as the leading market. Informa, based in London, said this would grow to 7.6 billion dollars by 2010.
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