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Social Gaming revenues will top $3.3 billion
SOCIAL GAMING CONTINUES TO DELIVER
Analyst says revenues will top $3.3 billion this year....$4 billion by 2017.
With a growing number of game providers launching their products simultaneously on land, mobile and internet channels, social gaming is developing into an increasingly interesting vertical offering the latest games...the launch of the "Orange is the New Black" slot through both land and the DoubleDown social casino is the most recent example.
Industry analyst Chris Krejcik said in a recent paper that social gaming is one of the most lucrative and fastest growing sub-sectors in the industry, revealing that social casino revenues will reach $3.3 billion in 2015, rising to around $4 billion annually over the next two years.
Although the vertical is dominated by large players and tends to be over-crowded in an operational sense, there is still room for growth, he opined.
The vertical has the added advantage that it enables land operators with online divisions to connect with customers even when they are not at their properties, an opportunity that has persuaded many land operators to launch social gaming websites.
Krejcik predicts that slot machine manufacturers will soon provide interactive versions of their products to land clients for use on their social gaming websites in order to create fresh revenue streams.
“Bringing land-based content to social casino has been widely successful,” Krejcik said. “There is no reason to think why a few established social brands couldn’t also be successful on casino floor.”
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VLeague and Mojo Games partner up -
#Alisports B2B multi-gaming platform and social games provider Mojo Games has partnered with VLeague Internet Technology to provide online social games and poker tournaments to Asian sports giant Alibaba Sports Group (AliSports).
SBTech In SportsBook Deal With Winmasters -
#SBTech #Winmasters has already achieved significant market share in the Romanian regulated market and is now targeting a number of other EU countries with national regulatory regimes.
Life of Riches Slot Launching -
The company released a preview of its "Life of Riches" slot Friday, a 5 reel, 30 selectable pay-lines game with a theme featuring luxury cars, expensive yachts, private jets and a liberal sprinkling of glitterati.
Land Casino Bill Passes in Japan -
A bi-partisan side meeting of leading lawmakers led to Komeito Secretary General Yoshihisa Inoue agreeing that his party would not protest the vote in the House of Representatives Cabinet committee Friday afternoon.
easyPLAY Launches Online Slot Tournaments -
#easyPLAY Las Vegas land casino giant MGM Resorts is more effectively leveraging its on-premises mobile gaming services by expanding the availability of its easyPLAY online casino tournaments throughout the state of Nevada.
Jetsetter slot Pays 130 Bitcoin WIn -
#bitcoin Prague-based online slot developer Endorphina reports that its Jetsetter slot on the Bitcasino.io site has just delivered a major hit for an anonymous player.
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