Speaking at the East Coast Gaming Congress in New Jersey, a panel of gambling and tech executives recently theorized that 90% of US sports betting will be done over mobile phones and the internet somewhere between the next five to 10 years. Since winning a U.S. Supreme Court case last year, New Jersey has taken in nearly $3 billion in sports bets with about 80% of those placed online. That is only expected to rise over the next decade.
Moti Malul, CEO of NeoGames, a global provider of internet lottery and gambling technology, predicted “90-plus percent” of all U.S. sports betting will be done via mobile devices within the next 10 years. “Innovation will drive through that,” said Moti Malul, CEO of NeoGames. “And who knows what mobile will look like 10 years from now?”
Eight states currently offer sports betting, with several more soon to follow through laws that have passed this year.
“Society’s movement to mobile in just about every area cannot be denied,” said David Rebuck, director of the New Jersey Division of Gaming Enforcement. “To ignore it will just cause problems in the future; Your customers want it, and they’ll access it on the black market for sure.”
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