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Sweden's refusal to open up its gambling market means it is missing out on billions in tax revenue and is hindering the growth of its online gambling industry, Casinoonline.se report concludes. Sweden may be missing out on billions of Krona in tax and licensing revenue, as well as jeopardizing the continued growth of one of its key high tech industries, by not opening up its online gambling market to competition. This is the conclusion reached in an in-depth report conducted by Casinoonline.se, a leading online casino portal.

Boosted by growth in the UK and other key markets, mobile gambling is going to devour a bigger slice of the gambling pie by 2017 According to a new report from Juniper Research the value of mobile gambling could reach $100 billion by 2017. Growth will largely be fuelled by an expansion in mobile lottery games in certain international markets and an increase in sports betting and social gaming in the UK. http://www.jackpotcity.co.uk/mobile-casino/ already offers a mobile site complete with all its casino games. It is looking to make its mobile play even more socially minded in the future as are other major players in the gaming industry. Read more here: http://www.sacbee.com/2012/10/05/4884031/mobile-gambling-predicted-to-reach.html#storylink=cpy

Zynga Inc (NASDAQ:ZNGA)'s attempts to enter real-money gambling may be held back by US laws, which favor existing casinos, according to Bloomberg. So far, 3 US states, including New Jersey, Nevada and Delaware, have passed laws that will allow online gambling games to be played on their territories, but it looks like the conditions will benefit casinos which dominate the gambling scene. This could create problems for the social gaming giant, which is looking to reduce its dependence on its current business model, including bolstering growth and business transactions by offering real-money games. At present, Zynga (ZNGA) has employed a 'free to play' business model, which was started by multiplayer online games like Jagex Games Studio' RuneScape. It allow players to play games free of cost but with the choice to spend real money on virtual items or other in-game advantages. These in-games purchases are called "micro-transactions".

FOUR out of every five problem gamblers in South Australia are addicted to pokies - despite the growth of online and sports betting. A profile of problem gamblers treated by the Flinders University School of Medicine shows less than 1 per cent said they had a problem gambling online but 83.9 per cent admitted to poker machine addiction. Flinders University Professor of Psychiatry Malcolm Battersby said experts did not know why a boom in sports betting and online gambling had not yet translated to an increase in problem gamblers.

"Mobile casinos and the mobile gambling industry at large will continue to boom in the five years through to 2017, on the back of growth in online casinos, lotteries and betting, according to the latest research released by Juniper Research."