Boom Expected in Coming Years for Smartphone Gambling

Online gaming has become a booming worldwide industry. During 2016 an estimated of $550 billion was bet online, and according to the findings from Juniper Research by 2021 the market is expected to double.

The online gambling sites won approximatelky 10% percent of all wagers over last year. Most of that revenue came from Europe. All across the world about 85 nations chose to legalize internet gambling, said the American Gaming Association.

Like some of the larger industry players, for instance 888 and PokerStars, Guts Online Casino is offering poker for real money on mobile, allowing players to be able to get some hands playing poker even if they are on the go. With an increasingly fast paced world the Smart Phone will increasingly become more popular.

Predictions from, the global smartphone subscriptions is expected to than double up to 6.1 billion by the year 2024. according to them approximately 70% of the world will own a smartphone.

It is expected that some of the most explosive growth on the online gaming sector will be from the virtual reality play. Just tyhat segment alone it is expected to grow by 800% to about $520 million by the year 2021.

Expectations are that Mobile is where most of the significant growth is expected. A few years ago, the Guardian reported that almost 5% of all smartphone users had downloaded one or other betting app.

It is estimated that about 70% of the worldwide online gambling revenue are coming from smartphones.