iPhone Users Can Now Bet Through Big Fish Casino

September 3, 2012 - by mosesbet · Filed Under gambling news Leave a Comment 

iPhone users can soon gamble using real money on virtual slot machines. Big Fish Casino is offering real money betting on iPhones in the UK, since gambling is legal in the country. The new gambling application will soon be launched in AAPL (Apple Inc.) Store, in few weeks. Big Fish Casino’s London based partner, Betable Ltd., will take care of the entire betting process.

Prospective payouts

Game developers are creating digital variants of Las Vegas casinos for users of tablets and smartphones. The users of tablets and smartphones are predicted to wager around $100 billion on these devices by the year 2017, which is about $20 billion more than last year. This prospective payout has attracted Big Fish Casino and other game developers to substitute virtual money with real money in iPhone gambling applications, even though their use might be limited in the US, due to gambling restrictions.

Stiff competition among game developers

The Chief Executive Officer of Betable, Christopher Griffin, said that this was the greatest opportunity for casinos and game developers. However, Big Fish Casino might soon face stiff competition from game developers like Zynga.Inc, which is the largest creator of the social media games. Zynga.Inc said that it had plans of introducing real-money wagering by early 2013. The gambling restrictions in the US might also ease since many states like New Jersey, California and Nevada are thinking of formulating laws to make gambling legal.

Apart from Big Fish Casino, other casinos like William Hill Palace and Betfair Casino also allow gambling on iPhones. Betable is already working with other game builders to introduce real money gaming applications this year. Big Fish Casino also allows its users to wager using their credit cards.

Though Apple Store is a host to various casino applications, it is not taking any cut of the sales from gambling. Casino games will be hosted by Apple as long as they satisfy the local laws. However, in 2011, Apple did not let Big Fish operate subscription service through which iPad users could access numerous video games.

William Hill Casino Gains 13 Percent Rise in Profits with Mobile Betting

August 7, 2012 - by mosesbet · Filed Under sports news Leave a Comment 

The sudden boom in mobile betting has led to increase in bookmaker William Hill’s profits. The bookmaker recorded 13 percent rise in its profits on July 27, after a great performance by its online division.

Profits from various sporting events

Very good results at prime events like Cheltenham Festival and Grand National helped the revenues of the site climb up to 11 percent, which is €800.9m (£627.8m). It has also received pre-tax profits up to €182.8m (£143.3m) in the last six months. During the Euro 2012, bets increased by 61 per cent when compared to the results in the last four years. However, the results were not in William Hill’s favor until the semi-final level.

Retail estate and online business profits

The retail estate portfolio of the bookmaker, which has 2,370 shops, accounts for almost 25 percent of the entire market. The retail estate saw one per cent increase in the wagered amounts in spite of the horse racing competitions that were canceled due to the weather. The retail business profit has added four more shops and has also seen a 6 per cent increase, amounting to €140m (£109.8m).

The online business has helped William Hill Casino earn its biggest profit of 23 percent that amounts to £68.9 m. It has also led to 30 percent increase in revenue.

Mobile phone betting

During this period, players even wagered using mobile phones, increasing William Hill’s revenue. The online sports betting service has increased the profit up to 22 percent and the online games have increased it to 11 percent. Mobile betting has become a great option after the launch of the iPhone application that has brought almost 40,000 new players to the casino.

Ralph Topping, who is the Chief Executive of the William Hill Casino, said that mobile gambling has always been a prime priority for the casino. The revenue that the casino will get will surely outperform the expectations of the casino site, he added.

No doubt that William Hill Casino’s mobile gambling platform and online gambling have helped it gain a good revenue. The company has dedicated its success to investment and innovation of the entire team behind the casino site.

OMI to get Mobile Gaming License by Alderney Gambling

July 31, 2012 - by mosesbet · Filed Under sports news Comments Off on OMI to get Mobile Gaming License by Alderney Gambling 

Swedish mobile casino games developer OMI Gaming was granted a license by Alderney Gambling Control Commission, putting them on the list of core service providers. This license will let OMI Gaming offer its services of social and mobile games to all gaming operators on the web licensed by Alderney.

This license will also let OMI Gaming provide its games to global companies with licenses in what are considered as ‘reputable’ jurisdictions. The move is an indication of the still-growing popularity of the mobile and online gambling communities. It is growing proportionately with the growth of online gamers and gamblers. As the online gaming community continues to grow, the demand for new service providers who cater uniquely to people’s gaming needs is inevitable.

About OMI Gaming

OMI Gaming was founded in early 2012 at Stockholm and provides users with a complete gaming experience through its Kazuri Casino and Kazuri Social Modules. OMI Gaming’s a specialized developer of mobile & multi-platform casino games and its own gaming solutions of which Kazuri Casino Module is an example. This license puts them in league with software companies like Ash Gaming, BetSoft, OpenBet, Boss Media and WagerLogic who are already licensed core service providers.

About Alderney Software Licenses

The Alderney Gambling Control Commission aims to be a regulatory body that creates an environment that meets globally accepted standards. It also aims to attract world-class online gaming businesses to itself. Alderney Gambling Control Commission is a self governing body which is dependent on the British-crown for its jurisdiction.

The License to Provide OMI Gaming with Credibility

The move to award OMI Gaming with the license ensures OMI’s credibility in maintaining a number of global standards. That is because; all software providers with an Alderney license are expected to meet with a number of requirements. Those requirements include maintaining honesty in business conduct, preventing criminality in money transfer, comprehensive regulation of all processes, and protection of online gamblers’ interests and security. These requirements have to be met for a software provider to retain its license. Therefore, the software providers with an Alderney License, like OMI Gaming, are assured to meet them and maintain an environment of honesty and non-criminal transparency.

Betfair Launches App to Enhance Android Mobile Experience

July 24, 2012 - by mosesbet · Filed Under gambling news Leave a Comment 

Betfair launched a new app for Android devices in Summer 2012. This app will enhance user gaming experience for Android gamers. Through the launch, Betfair continues to exceed the mobile customer’s expectations and specifically also enhances the betting experience for these customers.

Vice President of Betfair delighted at the launch

Vice President of Betfair, Raj Vemulapalli was delighted at the launch of the new app. In an official statement, Raj Vemulapalli mentioned that Android as a gaming platform is already popular. With the introduction of this app, customers of Betfair, both potential and existing, can look forward to an improved gaming experience, he said. He also stated that through this new app, Betfair is reassuring to customers its position as a leader in mobile gaming.

The mobile revenue earned by Betfair for the year 2012

The total revenue earned by the mobile betting division of Betfair in the present year is £ 22.7 million. This revenue was estimated to consist of an increase in the number of bets that were placed to make a total of 122% in the fiscal year of 2012 alone. Betfair has seen a massive return on the investments made on products, especially with regards to applications that were developed for iPads and iPhones.

These applications were considered a breakthrough for Apple devices and resulted in Betfair winning numerous online gaming market awards. The development of these apps and its benefits to Apple users were also featured among the Top 500 Apps that was surveyed and published by the Sunday Times. The Best of British Apps in collaboration with the United Kingdom Trade and Industry also published it in reports.

Betfair has also announced the growth of its mobile sector with the number of active mobile users estimated to be 275,000. This customer base is estimated to place around 44 million bets on their mobile devices, which was an increase by 122% for 2012. The £ 22.7 million earned in mobile bets was generated from a total number of bets worth £ 2.2 billion at Betfair casino. Players can view live scores for tennis and football through the app.

Latest Statistics Indicate Mobile Sports Betting to Reach $45 Billion in 2017

July 19, 2012 - by mosesbet · Filed Under gambling news Leave a Comment 

Based on latest date released by Juniper Research on the 9th of July, it has been estimated that the sports betting industry will be worth $45 billion in 2017. Betting exchanges and sportsbooks online have been tremendously benefited by the boom of consumer smartphones and tablet users.

Details of the Juniper Research report

Based on the reports released by Juniper Research, bets placed through mobile phones all over the world in the year 2011 totaled $13 billion bets, including bets from the United Kingdom alone, which was $3 billion. The total amount is estimated to be $45 billion in the year 2017, said the reports.

The Juniper research report, titled Mobile Gambling: Casinos, Lotteries & Betting 2012- 2017, mentioned that the year 2011 witnessed most of the top notch sportsbooks experience an enormous increase in the capacity of bets. The increase of bets placed by the European customers, specifically customers in the United Kingdom was also emphasized in the reports.

Based on the information provided by Dr. Windsor Holden, the author of the report, there has been an increase of 40% on bets placed via mobile devices in companies such as Paddy Power, William Hill and Ladbrokes. With the increase in the number of mobile betting customers in these companies, 20% of the total number of sports bets placed is via mobile devices. The report mentions that the mobile devices are currently being used to retain existing customers. Mobile devices should also be used to attract new customers, the report added.

Crucial aspects of the findings

Juniper Research also gathered feedback from various sportsbooks. Based on this feedback, it was found that sportsbooks expect over 40% of the overall bets to generate from mobile devices.

• The total revenue earned from mobile phones from all types of gambling is estimated to be $100 billion by 2017.
• Native apps used in mobile betting remains an important mechanism for improvement of service.

One of the crucial points for mobile betting advancement is in-play, Juniper reports stated. Customers will continue to feel constrained by network problems while using mobile devices to place bets.

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