For many years, home based consoles and PC gaming dominated the iGaming market, generating millions of dollars every year. During these years, mobile gaming contributed less than 15% of the total gambling revenue. This tread started to change in 2012. Step by step, mobile gaming overtook PC gaming in terms of annual revenue generated.
The release of iPhone and Google play store were the first major strides towards dominance of mobile apps. Many industries have greatly benefitted from this growth one of them being the betting and gambling industries. Over the last few decades, we have seen gambling move from betting shops and land-based casinos to the internet via home-based PCs and Laptops. In recent years, gambling has found its way into smartphones. In 2016, mobile gaming generated a total of 99.6 billion US dollars in revenue which was $36.9 billion more than what was generated by PC gaming.
But besides the mobile revolution, what factors have contributed to the rapid growth of mobile gaming?
Technological Advancement
From desktop computers to mobile phone powerful than PCs, the technological advancement in the field of gadgets is remarkable. Gone are the days when you had to wait till you got home to your PC to place bets online. Smartphone allow you to do as much as you would using a PC. Nowadays, gambling fans can play casino games right on their mobile gadget screens!
For example, using your smartphone or tablet, you can create a casino account and deposit using pay by phone options such as Payforit or Boku. It is easy to find new slot sites that have these payment methods. You will then get a generous welcome bonus which you can use to wager on a variety of games including slots, table games, bingo, scratch card games, instant win games, keno and more.
Advancement of Mobile Payment Methods
The maturity of mobile money transfer options such as Boku has a positive impact on the growth of mobile gambling. From the comfort of your mobile screen, you can load your mobile casino account, place bets, and withdrawal wins. You can also use bank cards and eWallets such as Skrill and Paypal to deposit and withdrawal funds from your mobile casino but pay by phone options are the best.
They allow punters to load their mobile gaming account and have the bill ether deducted from their prepaid phone credit or added to their monthly phone bill. In other words, you play now and pay later. Awesome, right? What’s more, you don’t need to have a bank account to use pay by phone payment options when gaming on mobile. You only need your smartphone and a registered UK phone number. Talk about convenience.
Affordability of Mobile Casino Apps
Before the release of mobile apps, casino lovers would play their favorite games online via a browser. Overtime, punters realized that gambling online was too expensive; playing online required a lot of packet data. This led to a significant decrease in the number of online casino players.
Upon realizing this, most developers started developing casino apps for Windows, iPhone and android devices for free. Most of these apps are owned by famous casinos around the world. They offer cheap access to loads of mobile screen optimized games. Instead of spending money on packet data, you spend it playing casino games with a chance to win life-changing money.
In conclusion, the rise of mobile gaming has just started. By 2021, mobile gaming is expected to bring in more revenue than PC and console gaming combined.
