MoMo Silicon Valley – Nov. 12th – Mobile Gam(bl)ing Uncensored
This November, Mobile Monday is betting the house on the emerging market of mobile gambling. As mobile monetization models continue to develop, some companies are betting on the business of… betting. Forget buying purple cows and tractors in FarmVille, this is about real cash money. In 2005, Jupiter Research forecast that global mobile gambling services would generate revenues of more than $19.3 billion US dollars by 2009. In 2010, Gartner analysts showed the 2009 global mobile gambling revenues at $4.7 billion and forecast $5.6 billion for 2010. Such a large discrepancy between the 2005 forecast and the 2009 reality is attributed to …