More revenue predictions for mobile gaming - according to Informa Telecoms & Media, global revenue for the mobile gambling industry will top $8.3 billion (CDN) a year by 2010. In 2005, the mobile gaming revenue is expected to be $1.4 billion (CDN). Read more here. The predictions seem quite low, compared to other studies.
Europe is likely to remain the largest market for mobile gambling, followed by the Asia-Pacific region. Mobile gaming in North America remains uncertain. Except in very limited areas (inside casinos in Nevada), online gambling in the U.S. is illegal. In Canada, several gaming regulators are looking at options to regulate online gaming in the country to avoid being left out of the lucrative online gaming market. There is already a significant online gaming presence in Canada with the Kahnawake Indian Reservation in Quebec which acts as a cyber gaming regulator for most of the online gaming sites around the world.