$1.1 bln of mobile games sold worldwide in 2003

Right now, the mobile gaming market market is about $200 million in the U.S. and about $600 million in Europe. In 2003, worldwide mobile game sales totaled $1.1 billion, according to British research firm Arc Group. VCs made six gaming investments totaling $50 million in all of 2003. In the second quarter of 2004 alone, there were five deals totaling $86 million, according to VentureOne.