Gambling has always been a popular pastime, and casinos have to tighten their belts with today’s economic slump, so the word is gambling companies are looking to the mobile phone arena as a possible venture.

At the 5th Annual Mobile Gambling Summit in London last week the general consensus was that mobile gambling will rise over the next twelve months, and therefore gambling firms across the UK are preparing to launch casino and bingo applications for mobile phones in 2009.

Co-founder of Mfuse, a mobile gaming software developer company, Charles Palmer, states: “In the past year our clients have taken more than 100 million pounds in bets through mobile devices, which suggest the market is developing very quickly.”

Source — allheadlinenews