PRNewswire – As regulations continue to evolve, Interactive and Social Gaming is rapidly growing in popularity as well as presenting impressive revenue potentials for Mobile & Digital Gaming companies while research firms project the market may expand to over $3Billion in 2015 alone. Gaming Stocks in focus today are: Tapinator, Inc. (OTC: TAPM), International Game Technology PLC (NYSE: IGT), Zynga (NASDAQ: ZNGA), Scientific Games Corporation (NASDAQ: SGMS), Electronic Arts Inc. (NASDAQ: EA) and Activision Blizzard Inc. (NASDAQ: ATVI)
Tapinator, Inc. (OTC: TAPM) is pleased to announce that it has launched its first social casino property, “Video Poker VIP,” on Apple’s iOS platform. The title is a best in class video poker game with multiple poker variants, world locations, leveling, and experience point mechanics. According to Eilers Research, LLC, the social casino market reached $2.8 billion in 2014, representing a 38% annual growth rate from 2013. The market is projected to grow to $3.5 billion this year. The majority of this revenue will come from mobile users, with mobile now accounting for 61% of all social casino revenue. Major players within the industry include Caesars Interactive Entertainment (CZR) with “Slotomania,” International Game Technology (IGT) with “DoubleDown Casino,” Zynga (ZNGA) with “Hit It Rich!” and Scientific Games (SGMS) with “Jackpot Party.”
Video Poker VIP is a unique offering that brings the most popular video poker games to mobile (Jacks or Better, Deuces Wild, Bonus Poker, Double Bonus) and combines them with mechanics that have proven effective in slot machine games. In the game, users enjoy multiple world locations, level-based progression, experience points, an optimal choice calculator, coin gifts every four hours, and slot/scratch-off minigames. “We have been in development of Video Poker VIP since mid 2014 and are very excited to have just launched the product. We believe that the game is the highest quality video poker title on mobile. We will continue to improve the game, with version 1.1 launching in the next several weeks. In parallel, this week, we will begin a marketing campaign to drive player volume to the product and we look forward to the user response,” stated Tapinator CEO, Ilya Nikolayev.
In other gaming news and happenings: International Game Technology PLC (NYSE: IGT) has been ranked as a Champion, the highest possible rating, in Info-Tech Research Group’s iGaming Platforms Vendor Landscape for the Gaming and Hospitality Research Center. The Info-Tech Research Group’s Vendor Landscape reports recognize outstanding vendors in the technology marketplace. They assess vendors by the strength of their offering and their strategy for the enterprise, paying tribute to the contribution of exceptional vendors in a particular category.
Zynga (NASDAQ: ZNGA), a leading social game developer, announced the worldwide launch of Empires & Allies, a new modern military strategy game where players design their perfect army and deploy the weapons of modern war in a never-ending battle to save the world. The game is available today as a free download on the App Store for iPhone, iPad and iPod touch and on Google Play.
