Global Digital Gaming Sales Reach $61Billion as Mobile Gamers
Gravitate to Latest Downloads & Free-to-Play Games
Coral Springs, FL -- February 2, 2016 -- InvestorsHub
NewsWire -- The Worldwide market for digital games grew 8 percent
from 2014 to $61 billion, according to a new report from gaming
intelligence firm SuperData Research. The market alone for
tablet and smartphone for mobile games rose 10 percent to $25.1
billion from the previous year. Gaming publishers and
developers in focus today are Tapinator, Inc. (OTC: TAPM),
Electronic Arts Inc. (NASDAQ: EA), Glu Mobile, Inc. (NASDAQ: GLUU),
King Digital Entertainment plc (NYSE: KING) and Take-Two
Interactive Software Inc. (NASDAQ: TTWO)
Tapinator, Inc. (OTC: TAPM) today announced that its Middle East
and North Africa (MENA) publishing partnership with Tamatem, Inc.,
which the Company first announced in November, 2015, has yielded
very strong initial results based on the recent launch of the
partnerships debut game. Last Thursday, Tamatem
released a localized version of Tapinators hit mobile game, Cop
Duty Simulator 3D, in key MENA markets and the game
immediately climbed to the #1 spot in the iOS Overall Apps Top
Download Charts and reached #46 in the iOS Overall Apps Top
Grossing Charts in Saudi Arabia. The game also reached a top
10 download rank in other key Middle Eastern markets such as Kuwait
and Bahrain.
Read the full Tapinator (TAPM) Press Release at http://www.financialnewsmedia.com/profiles/tapm.html
We are highly encouraged by the initial results from this game
launch, as it validates our recently announced strategy to enter
the $680 Million Middle East and North Africa mobile gaming
market. According to Strategy& (formerly Booz &
Company), the MENA market for mobile games is expected to more than
triple in size in the coming years from $680 million in 2015 to
$2.3 billion in 2022. We are already working with Tamatem on
a second game, based on our hit title Trucker Parking 3D, which we
expect will hit the MENA market later this quarter, said Tapinator
CEO, Ilya Nikolayev. The Arab mobile game market is
underserved. Arabic is the fourth biggest language in the world,
yet less than 1% of all mobile gaming content is available in
Arabic. While games in English number around 400,000, there
are only 250 Arabic games available on the App Store (Source:
GamesIndustry.biz). The region has one of the world's fastest
adoption rates for mobile apps. There are 60M+ smartphone users in
the Middle East and this number is expected to reach 100M by
2016. 60% of these users prefer consuming content in
Arabic. (Source: Strategy&). Tamatem looks forward to
expanding it partnership with Tapinator to help them bring their
large and rapidly-growing library of 180+ high quality mobile games
to the vibrant Arabic market, said Tamatem CEO Hussam Hammo.
In other gaming news and recent developments: Electronic
Arts Inc. (NASDAQ: EA), officially unveiled the Madden NFL 16 Super
Bowl prediction, which has tabbed the Carolina Panthers as the next
world champions, defeating the Denver Broncos 24 20. For the first
time ever, fans can get in on the action for themselves by heading
over to the Madden NFL 16 Super Bowl Prediction Hub and create
their own outcome based on a variety of factors. Fans can then
share their dream Super Bowl 50 outcome with the hashtag
#MyMaddenPrediction.
Glu Mobile, Inc. (NASDAQ: GLUU), a developer of gaming
applications for smartphones and tablets, is set to release
fourth-quarter 2015 results on Feb 3. The company reported a
positive earnings surprise of 100.00% in the last reported quarter.
Furthermore, the company has delivered positive earnings surprises
in the trailing four quarters with an average beat of
167.86%. (Source: Zacks Equity Research -
http://finance.yahoo.com/news/glu-mobile-gluu-surprise-estimates-220010660.html)
Be a soap star and embark on a rescue mission down the drain!
Back in December, King Digital Entertainment plc (NYSE: KING), a
leading interactive entertainment company for the mobile world and
creator of the Candy Crush franchise and Farm Heroes Saga,
announces its first 'slider' game, Scrubby Dubby Saga, is now
available to download and play for free on the Apple App Store,
Google Play, Amazon Appstore and Facebook (NASDAQ: FB).
2K today (Take-Two Interactive Software Inc. (NASDAQ: TTWO)
announced that competitive gaming is officially coming to NBA 2K16
with NBA 2K16 Road to the Finals, an exciting new competition that
merges simulation basketball with eSports and culminates over the
course of the NBA Finals in June. Players on PlayStation4 computer
entertainment system and Xbox One, the all-in-one games and
entertainment system from Microsoft, can form their own NBA 2K
Pro-Am teams and compete in a series of in-game events to qualify
for the tournament to win $250,000.
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