While needing to overcome some significant regulatory and legal hurdles, worldwide revenues for all forms of gambling on mobile phones can reach $16 billion by 2008, according to a new research report: "Mobile Gambling: Casinos, Lotteries & Betting", now available from Alexander Resources, a leading research, consulting and education firm specializing in wireless communications. New 2.5G and 3G wireless technologies and phones will play a prominent role in the growth of mobile gambling. …these new networks and devices will allow real-time, dynamic and peer to peer betting. Read More