Casino Watch Focus has warned of the dangers of legalizing online gambling many time. But one gray area appears to be Mobile Gambling. Although it seems quite obviously that mobile devices are simply accessing the internet and any gambling that results ought to be regulated as such, an online source is reporting that mobile application and the gambling they allow is an ever growing and expanding business:
A study undertaken by industry analysts at Gartner advisory firm projected that the growing popularity of mobile gambling shows no signs of stopping: Some $5.6 billion dollars will be made in mobile gaming end-user revenue in 2010 and this figure is expected to reach $11.4 billion in 2014. A 2009 study from Juniper Research figured that the mobile casino market alone would be worth over $1 billion by 2011.
The Gartner study also calculated that mobile devices users will download $6.2 billion worth of applications at online stores this year, representing a doubling of 2009 revenues and just 20% of all app downloads.