Updated: Monday, 13th July 2020 @ 9:36pm

Mobile casinos continue to take over gambling industry

Mobile casinos continue to take over gambling industry

| By MM staff

Mobile casinos continue to take over the gambling industry with a rise in profit expected until at least 2020.

With the development of smartphones and increased Wi-Fi hotspots, experts say people are enjoying traditional casino games on the move more than ever before.

According to recent research by market analysts Technavio, the global online gambling market is now worth £25 billion and is expected to rise annually by 11 percent until 2020.  

While mobile gambling was tipped to skyrocket several times over the past decade, the industry has seen a huge increase in the past few years as the capabilities of phones have increased.

The introduction of larger screens and faster processors means that mobile phones can now be used as effectively as a laptop or tablet when it comes to online gaming.

The rise in app functionality has also allowed mobile casinos to create user-friendly platforms for their games and enabled users to play from the comfort of home or on the daily commute.

Firms like Viking Slots, Casino of Dreams and Gold Bank Casino are now offering games and extra incentives that gambling fans would not usually find in a traditional casino.

Many of the companies looking to capitalise on the demand for mobile gaming offer ‘new player bonuses’ which increases a player’s odds for on their first game.

As the popularity in mobile casinos continues to grow, gambling comparison sites have launched to offer players in-depth reviews on the vast number of available platforms.

Like car or home insurance comparison tools, the sites highlight special offers and deals so that users can decide which casinos to try.

Image courtesy of Sonny Side Up, via Flickr, with thanks.