Mobile Casino Games – Impact Credit Crunch and 3 year outlook

Mobile Casino Games gained significant popularity in previous years. Will the credit crunch impact the growth rates and if yes how much will it be?

London, UK (blogger.com) March 5, 2009 – 12 years ago almost nobody was interested in Mobile phones and only industry geeks and business men where seen with phones with the size of a brick. However since 1998 mobile phones and its advantages were discovered by the Public and currently the mobile phone penetration rate exceeds the 100% in most developed countries and the developing countries are catching up quick as well.

As the first mobile phones were used for calling only, nowadays calling and even texting are “old school” and only one of the many functionalities. Listening to music, browsing the internet and certainly playing casino games are among the popular activities on a phone. “Be accessible and being accessed anywhere anytime” is the slogan of the 21^st century.

Mobile Casino

Once there was a time that when you wanted to play your favourite game like Poker or Blackjack you had to enter a “brick and mortar” casino. But with the Internet, Online casinos have become one of the most popular online services. This same trend is now carrying through in Mobile Internet. According to Juniper Research, a research company, Mobile gambling revenue will grow from $1.3 billion in 2007 to $26.3 billion in 2012. An increase of more then 2000% in 5 years!

However since 6 months the world economy has been dragged into the worst recession since the 1930’s. And this has impacted the popularity of Mobile casinos. Less people will play for (less) money and more people will play for fun only.

At the other side more and more people have sophisticated “smart” phones making it easier to browse the Internet and downloading a mobile casino is just a matter of moments. Even so, better and larger screens certainly add to the fun of playing a (casino) game. Casino games in general and Poker specific gained wide popularity. This including decline of data costs, eases on regulations and age verification makes that the future for Mobile casino games looks bright.

So will the credit crunch have an impact on the popularity of mobile casino games; absolutely on the short time but it will only be a blip and the outlook of $26.3 Billion from the Juniper Research will be hit in just a matter of time!

See the links below to some popular mobile casino and mobile poker wapsite:

Casino Palace

Poker Palace