Smartphone Gambling To Grow In Coming Years

Online gaming is a booming worldwide industry. An estimated $550 billion was bet online in 2016, according to findings from Juniper Research. The market is expected to double by 2021.

Online gambling sites won about 10 percent of those wagers last year. The bulk of that revenue comes from Europe. About 85 nations across the world have chosen to legalize internet gambling, according to the American Gaming Association.

Like larger industry players such as PokerStars and 888, Guts Online Casino has poker for real money available on mobile, which allows poker players to get some hands in even if they are on the go and can’t sit down for a full poker session. In an increasingly fast-paced world, poker on a smartphone will keep becoming more and more popular.

According to PCMag.com, global smartphone subscriptions will more than double to 6.1 billion by 2020. About 70 percent of the world will have a smartphone.

Some of the most explosive growth in the online gaming sector will come from virtual reality play. That segment is expected to grow by 800 percent to $520 million by 2021.

Still, mobile is where the most significant growth will come. Just a few years ago, the Guardian reported that nearly five percent of all smartphone users had downloaded some kind of betting app.

There have been estimates that about 70 percent of worldwide online gambling revenue comes from smartphones. The industry has adapted in a big way.

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