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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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GAN Partners with Station Casinos -
B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016
Oceanís Call Slot Launches -
Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.
Big Names Playing WCOOP -
The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.
Sirplay to Open Argentina Branch -
#SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.
DFS Changes for Ohio -
#dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.
New Jersey Teams Up With Kahnawake Gaming Commission -
The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.
Petition to Ban Online Gaming in Singapore -
Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.
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