Mobile gambling a revenue winner - report
"While needing to overcome some significant regulatory and legal hurdles, worldwide revenues for all forms of gambling on mobile phones can reach US$16 billion by 2008, according to a new research report from Alexander Resources. New 2.5G and 3G wireless technologies and phones will play a prominent role in the growth of mobile gambling. In addition to making mobile gambling more convenient and secure than in person and desktop internet gambling, these new networks and devices will allow real-time, dynamic and peer to peer betting."