Gamzio Announces New Initiative to Develop Real-Money Casino Games to Tap Into $40 Billion Online Gambling Industry
January 27 2014 - 09:22AM
Marketwired
Gamzio Announces New Initiative to Develop Real-Money Casino Games
to Tap Into $40 Billion Online Gambling Industry
IRVINE, CA--(Marketwired - Jan 27, 2014) - Gamzio Mobile, Inc.
(www.Gamzio.com) (OTCQB: GAMZ), the innovative social casino gaming
company, is pleased to announce an expansion into Real-Money Game
development.
Morgan Stanley has estimated that legal US online gambling
revenues will reach $670 million in 2014, increasing to $9.3
billion by the year 2020. This would make US online gambling worth
more than the combined amount currently produced by Las Vegas and
Atlantic City.
Gamzio CEO Jason Deiboldt stated: "It is a natural progression
for Gamzio to tap into the estimated $40 Billion worldwide online
gambling industry in 2014. We are very excited to introduce Real
Money Gaming to current and future players of Gamzio's games."
The company's software engineers are currently developing
several Real-Money Casino game offerings, to parlay the success of
its 4.5 Star Rated social casino game Slots -O- Luck Adventure HD
on the Apple App Store.
Furthermore, Gamzio is already in deep discussions to partner
with two different top tier licensed eGambling companies. These
partnerships will make real-money adaptation of its current and
future games nearly effortless.
Learn more about Gamzio Mobile Inc. by visiting www.Gamzio.com,
and for additional information about the company, please contact
Investor Relations by Email: investorinfo@gamzio.com
Gamzio's flagship Social Casino Game Slots-O-Luck Adventure can
be downloaded at: http://gamzio.com/games/
About Gamzio Mobile, Inc.
Gamzio is a developer of social casino games for the Internet
and mobile devices. Its mission is to bring a genuine "Vegas"
experience to the mobile gaming market through a strategic approach
that optimizes real-time data and analytics technology. Gamzio
recently released "Slots-O'LuckAdventure HD," which is available
for download at its web site http://gamzio.com/games/ or directly
in Apple's App Store.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, utilizing new Facebook mobile technology,
increasing users for Gamzio's games, and business strategy. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among
others, the inherent uncertainties associated with new projects and
development stage companies. These forward-looking statements are
made as of the date of this news release, and we assume no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that any
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that any such
beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent
fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact: Gamzio Mobile, Inc. http://Gamzio.com (949) 732-0226
investorinfo@gamzio.com