Qualcomm and Teleepoch
Enter Into a 3G CDMA Subscriber Unit License Agreement, October
6, 2007
MTN chooses Cambridge Broadband
Networks for multi-service wireless network in Rwanda, October 6,
2007
Brazilian government to
publish 3G bidding rules soon, October 6, 2007
KTF 3G service suffers
from technical problems, October 6, 2007
Argentina’s Personal
lunches 3G service in Rosario, October 6, 2007
Russia has it's first 3G
network, October 6, 2007
AT&T could drop Alcatel-Lucent
as 3G mobile network supplier, October 6, 2007
Enea Extends License Agreement
with ZTE for 3G Handsets, October 2, 2007
LG to unveil premium handsets
in Brazil, October 2, 2007
KTF 3G subscribers doubled
in less than 3 months, October 2, 2007
3G policy in India will
be non-uniform, October 2, 2007
- previous news
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Mobile gambling: revenues forecasted to reach $16 Billion - report
December 9, 2003
While needing to overcome some significant regulatory and legal hurdles,
worldwide revenues for all forms of gambling on mobile phones can reach
$16 billion by 2008, according to a new research report: "Mobile Gambling:
Casinos, Lotteries & Betting", now available from Alexander Resources,
a research, consulting and education firm specializing in wireless communications.
New 2.5G and 3G wireless technologies and phones will play a prominent
role in the growth of mobile gambling. In addition to making mobile gambling
more convenient and secure than in person and desktop internet gambling,
these new networks and devices will allow real-time, dynamic and peer
to peer betting.
The report identified three segments that are expected to account for
the majority of mobile gambling revenues:
-- Mobile casino style betting: Sophisticated phones with colorful graphics
will allow users to play against the system or other users in real time.
Revenues are expected to reach almost $6 billion by 2008.
-- Mobile lotteries: By allowing users with simple digital phones to
play and by leveraging off the immediacy and penetration of mobile phones,
lottery sales from mobile phones are expected to reach slightly more than
$5 billion by 2008.
-- Mobile sports and other betting: will open up new forms of betting
and allow users to play more frequently. Players will be able to make
real time bets on the outcome of particular events and dynamically bet
through their handset on the outcome of a particular micro event during
a game. Revenues by 2008 are forecasted to reach $5 billion.
While holding great promise, certain user, payment, security, privacy,
regulatory and technology challenges could at worst stymie this market
even before it gains traction or at best could heavily influence the amount
of revenues forecasted.
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