BUSINESS

Estonian mobile gambling losses lessen

TAGs: Estonia, iPhone, Olympic Entertainment

EtoniansForgive me for being extremely ignorant, but upon reading that Estonian online gambling losses had lessened over the first half of 2010, my first thought was has there been a typo? Mobile phones surely haven’t reached the Eastern bloc country yet, and they definitely meant Eton didn’t they?

Well much to my surprise mobile phones are alive and well – there’s even been a couple of years worth of gaming on the pesky devices. Last year’s losses of €9million have been usurped by losses of only €600,000 in the first half of this year, and it’s all down to Apple’s iPhone. Keep going at that rate and it will be quite the profit by the end of this year. Although don’t tell them about the iPhone4. Read more.

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