Industry News
Healthy Competition in Mobile & Video Games Market Generating Healthy Revenue Opportunities
PALM BEACH, Florida, August, 2018 — Mobile and video game have moved into the mainstream thanks to the popularity of games such as Epic Games’ Fortnite and Riot Games League of Legends. Video game interest continues to grow at rapid pace which could mean big returns for those interested in the space. As technology and innovation continually take giant leaps forward, so does gaming content, products, mobile games, special events and video game tournaments. These are just some of the ways the industry is turning into a recurring revenue model and capitalizing on increased demand. Gamers around the world will likely spend around $138 billion on games this year, according to Newzoo’s Global Games Market Report. The market research firm tracks usage and trends of video games, mobile and esports. The figure represents a 13.3 percent increase year over year, or an extra $16.2 billion. Active Companies in the markets this week include: Tapinator, Inc. (OTC:TAPM), Cheetah Mobile Inc. (NYSE: CMCM), Zynga Inc. (NASDAQ:ZNGA), Glu Mobile Inc. (NASDAQ:GLUU), Electronic Arts Inc. (NASDAQ:EA).
Tapinator, Inc. (OTCQB: TAPM) BREAKING NEWS: Tapinator, developer and publisher of mobile games and applications on the iOS, Google Play and Amazon platforms is pleased to announce a worldwide distribution deal for its Solitaire Dash mobile game with Cheetah Mobile (NYSE:CMCM).
Under the four-year initial agreement, Cheetah becomes the exclusive worldwide distributor for all mobile versions of the Solitaire Dash game.
Cheetah Mobile is a leading mobile internet company dedicated to making the world smarter. It aims to provide leading apps for mobile users worldwide and connect users with personalized content powered by artificial intelligence. Cheetah Mobile was formed in November 2010 as a merger between Kingsoft Security and Conew Image, bringing together Kingsoft Security’s 18 years of security technology experience and Conew’s internet DNA. The Company has attracted approximately 600 million global MAUs in more than 200 countries and regions, of which approximately 70% are located outside of China.
Solitaire Dash is Tapinator’s horse-racing themed tri-peaks solitaire mobile game which originally launched in 2017 and recently received a significant update for its 2.0 version. The user interface was completely redesigned in the form of a map to visually represent player progress. This redesign has resulted in a map featuring 324 unique levels across 18 racetracks. Players now have many additional ways to increase earning potential and in-game rewards, including purses for completing racetracks and “sponsorships” that are awarded for completing in-game content. In short, Solitaire Dash 2.0 now combines the proven systems of top grossing card games with its own unique features to create a best-in-class solitaire product. Tapinator’s CEO, Ilya Nikolayev, has personally created the vision and overseen the development of Solitaire Dash since the game’s inception.
Commenting on the agreement, Tapinator President Andrew Merkatz said “Given the overwhelmingly positive player response and monetization potential with Solitaire Dash, we are very excited to work with Cheetah Mobile to bring the game to their massive worldwide mobile audience. We look forward to working with Cheetah Mobile to continue to enhance and localize the game in order to delight more players and capture market share within the highly lucrative solitaire category on mobile.
“It’s exciting to partner with Tapinator,” said Keith Huan, Producer of Cheetah Games. “Solitaire Dash offers hybrid game play of classic Solitaire combined with a horse racing theme. We really looking forward to working with Tapinator to optimize and localize the game in order to deliver a unique game experience to our users worldwide.”
Source: marketnewsupdates.com
Industry News
ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market
January’s first edition of ICE Barcelona will feature a programme of content, discussions and C-suite networking curated specifically to meet the needs of the new regulated market in Brazil and the broader opportunities which exist in Latin America.
Living up to its reputation for being the business-to-business event which is at the forefront of industry developments across both regulation and emerging technologies ICE 2025 will feature a three day program which is dedicated to all aspects of the market in Brazil including regulation, compliance and the adoption of new technologies including the use of biometric recognition in relation to age verification and consumer protection.
Announcing the program and confirming ICE Barcelona’s role as the meeting place for international decision-makers and stakeholders, Clarion Gaming Managing Director Stuart Hunter said: “ICE was recently described in trade media as being the most important gaming event on the ‘planet’ and I believe that the show will live-up to that accolade when we welcome the world industry to our new Barcelona home in January.
“Some industry events place a strong emphasis on the past but for ICE our focus is unashamedly on the future. To this end we have been working closely with colleagues and stakeholders in Latin America to ensure that ICE is on the front foot bringing together the lawmakers, regulatory bodies, thought leaders, operators, innovators and technology providers all of whom have an important role to play in developing the market infrastructure.”
He added: “The importance of LatAm will be evident from the very start of ICE Barcelona when Vicente Fox, the former President of Mexicoheadlines the World Regulatory Briefing taking place Monday 20 January when he will address the topic of ‘Regulation and Revitalisation’ and the requirements needed to balance economic growth with community protection.
“A critic of the populist movements sweeping the region, he will outline his business-centric approach to the development of Mexico, and why he favours casinos as a tax benefit to reduce Mexico’s dependence on unpredictable oil income, and for heling to grow the local tourism industry. The keynote reflects the importance of Latin America as a leading voice in the global gambling industry and represents a major coup for ICE Barcelona.”
“The following day we will be staging a seminar which will cover the very latest business-critical information on the market in Brazil which will be supplemented by sessions focussed on Latin America. On the closing day the LatAm sessions will address the key issue of responsible gambling including the ground-breaking use of biometrics which will be of huge interest to regulators and operators from throughout the world.”
He concluded: “In all of the extensive research that we undertake in order to identify the most important issues impacting the business Brazil and Latin America consistently top the list. By attending ICE Barcelona gaming industry professionals will be able to connect with the main players, learn everything they need to know about doing business in Latin America and find the right organisations to collaborate with. For anyone with an interest in Latin America and in particular the Brazilian iGaming market ICE Barcelona is undoubtedly the place to be.”
For more information on the world’s greatest gathering of gaming professionals and to register: icegaming.com
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
Balkans
CT Interactive Shortlisted in Two Categories at BEGE Awards 2024
CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.
The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.
This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.
“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.
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