Mobile Gaming Companies Continue To Ride Wave of Growth into 2016 With Revenues Expected in the Billions

 

 

Coral Springs, FL (January 22, 2016) -- Consumers are increasingly drawn to Mobile Gaming as ease of use, speed and simplicity of leading mobile game platforms are expected to continue to generate Billions in revenues in 2016.  Gaming Companies in focus are Tapinator, Inc. (OTC: TAPM), Glu Mobile Inc. (NASDAQ: GLUU), Majesco Entertainment Company (NASDAQ: COOL) and Nintendo Co. Ltd. (OTC Pink: NTDOY)

 

Tapinator, Inc. (OTC: TAPM) today announced plans to release nine full-featured games for 2016. These titles are: First Quarter: Video Poker VIP - social casino game, multiplayer update; Miss the Moose: quick fix game.  Second Quarter: ROCKY - game based on the legendary franchise; Combo Quest 2 - freemium sequel to the original hit, Combo Quest; Big Sport Fishing 2 - freemium sequel to the 14+ million downloaded, Big Sport Fishing.  Third Quarter: Turn Left - quick fix game; Pavlovs Puppy - quick fix game; To Be Announced - game based on an upcoming major motion picture.  Fourth Quarter: Fusion Heroes - strategy game with match-3 elements.

 

Read the full Tapinator (TAPM) Press Release at http://www.financialnewsmedia.com/profiles/tapm.html

 

The Company will continue to announce new major launches and title updates as the year progresses. Our goal for the launches that we are announcing today is to position the Company within the top grossing charts in the app stores. A number of the nine titles above are built, from the ground up, to leverage the best practices of the freemium, live operations business model. While our rapid launch ad-supported business continues its solid performance, we believe that these full-featured titles present the greatest opportunity to diversify our revenue mix and significantly scale our business, said Ilya Nikolayev, Tapinators CEO.

 

In other gaming news and developments:  Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, today announced that the company will invest up to $7.5 million in promissory notes convertible into a minority equity stake in Plain Vanilla Corp. Based in Reykjavik, Iceland, Plain Vanilla is the developer behind the globally popular game QuizUp, which boasts more than 40 million registered users and 5 billion games played. Launched in November 2013, QuizUp became at the time the fastest growing app on the App Store ever. Daily users spend on average more than 30 minutes per day on the app.

 

Majesco Entertainment Company (NASDAQ: COOL), a provider of downloadable games for the mass market, announced this week the release of Gone Home: Console Edition for PlayStation 4 & Xbox One and A Boy and His Blob for PlayStation 4, PlayStation Vita, Xbox One, and PC.

 

Nintendo (OTC Pink: NTDOY) News:  Recently in Tokyo the game developer said its first smartphone game Miitomo is all set for March release.  Miitomo doesnt have good reviews, seen by analysts more as a chat app than a real smartphone game. But this is a start. Shares of Nintendo have fallen about 40% since late October when it delayed its mobile game debut by at least three months.

 

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