Digital & Mobile Gaming Companies Betting on a Multi-Billion Dollar Future as Consumer's Interest in Casino Gaming Apps Increases Worldwide

News provided by

May 07, 2015, 08:35 ET

CORAL SPRINGS, Florida, May 7, 2015 /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."

Read the full TAPM Press Release at: http://www.financialnewsmedia.com/profiles/tapm.html

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.

Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games") and Penn National Gaming, Inc. (PENN) ("Penn National") today announced an agreement whereby Penn National will deploy the Scientific Games SG Universe product suite at four Penn National properties. The agreement marks Penn National's entry into social gaming while significantly expanding player access to Scientific Games' Play4Fun social casino platform and its Mobile Concierge next-generation marketing capabilities.

As excitement grows for the December film release of Star Wars: The Force Awakens, Electronic Arts (NASDAQ: EA) expects the upcoming debut of its Star Wars: Battlefront title to be a bellwether of the video-game giant's success later this year. EA's new Star Wars game is slated to arrive in November, just a few weeks in advance of The Force Awakens' Dec. 18 opening date. Late on Tuesday, the company's CEO, Andrew Wilson, said expectations for Battlefront have risen so high that in the three weeks since EA's trailer for the game appeared, it "has been watched more than 29 million times date across social platforms." Read the full article at http://www.thestreet.com/story/13141232/1/how-star-wars-is-poised-to-help-electronic-arts-following-strong-results.html?puc=yahoo&cm_ven=YAHOO

Activision Blizzard (NASDAQ: ATVI) shares were up in trading on Wednesday ahead of the release of the video game maker's first quarter earnings results after the closing bell. Analysts on average are expecting the company to report earnings of 7 cents per share, a 12 cent decline from the 19 cents per share the company reported earning in the year ago period. The company is also expected to generate revenue of $655.8 million. a 16.1% decline from the $772 million the company generated a year ago. Read the full story athttp://www.thestreet.com/story/13141457/1/activision-blizzard-atvi-stock-gains-ahead-of-earnings-release.html?puc=yahoo&cm_ven=YAHOO

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup.

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated three thousand four hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC