Results from a study conducted by Juniper Research into the mobile gambling market have suggested that the market may be worth as much as $16 billion by 2011. However, the report also states that many barriers exist that could see the figure fall far below the estimate, such as legal restrictions on online payments as well as a downturn in public perception of online gambling.
Other possible risks mentioned in the report included a possible legal challenge from the videogames industry should the gambling industry persist in using the moniker online gaming, which the likes of Microsoft and Sony believe is harming perceptions of what it considers ‘online gaming’.
(Via OnlineCasinoNews.com)
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