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CHINA'S GAMING MARKET CONTINUES TO GROW

03/26/2012 :  CHINA'S GAMING MARKET CONTINUES TO GROW
 
Latest statistics on internet gaming in the wider sense give an indication of the immense potential of China
 
New research statistics on internet gaming in China in its widest sense (as opposed to online gambling per se) give an indication of the massive size and potential of this populous and economically active Asian nation.
 
Researchers report that the overall online gaming market in the country is up 20.7 percent in revenues year-on-year and is set to pass US$ 8.84 billion this year, soaring to US$ 13 billion by 2014.
 
The wider availability of the internet, allied to better bandwidth and speed technologies is driving the growth, with China now the world’s largest internet user base, representing 23 percent of the global online population with broadband penetration set to grow at a compound annual growth rate (CAGR) of around 21 percent.
 
The market currently comprises five types of online games, including massively multiplayer online games, first-person shooter, racing/simulation, adult/gambling games and puzzle/strategy offerings.
 
Emerging trends focus on research and development, especially in online 3D games, and the indications are that Chinese developers have ambitions for overseas expansion, investing heavily in R&D, upgrading existing 3D games, and releasing new products.
 
Those international ambitions are showcased by the growth in game exports, which last year soared 82 percent.
 
Chinese technology companies are well aware of the potential of the mobile sector, research suggests, reporting revenues up 86.8 percent to 1.7 billion yuan in 2011 alone, according to The Online Gaming Market in China 2012, which predicts that intense interest in the mobile channel will continue through 2012 and in future years as the evolution of smartphones marches on.
 
According to the China Internet Networks Information Centre, this Asian giant now claims the world's largest internet population, which reached 485 million by at the end of June 2011, and is expected to exceed 600 million during 2012.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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