In three months, mobile casinos earned $271.4 million
Mobile casinos account for 46% of the profits earned by social gambling in the world.
This was recently reported by the analytical company Eilers Research, which is just engaged in monitoring and analyzing digital gambling.
In the first quarter of 2014 alone, mobile casino revenues increased by 13.8% compared to the previous three months. But Facebook was called a "loser" by analysts. Gambling revenues from the social network, on the contrary, fell by 0.8% over the same period.
The top five companies making money from social casinos look like this:
- Caesars Interactive Entertainment – 17,8%
- IGT – 11,2%
- Zynga – 8,8%
- GSN – 8%
- Big Fish Games – 5,1%
In total, $590 million was earned by all market participants in the first quarter ($271.4 million fell on mobile casinos). This is 5.5% more than in the last quarter of 2013.
Eilers Research analysts believe that by the end of this year, the social gambling market will grow to $2.6 billion. One of the growth catalysts will be Asian companies (specifically Tencent, Aruze, Sammy Networks, Asobsim and Mobage).
A source: http://venturebeat.com
