CORAL SPRINGS, Florida, December 15, 2015 /PRNewswire/ --
Mobile Gaming Sector staring at robust forecast for 2016 as user engagement has increased by 20% and popular downloads show no sign of slowing down. Today's mobile/digital gaming companies in the spotlight are Tapinator, Inc. (OTC: TAPM), Electronic Arts Inc. (NASDAQ: EA), Zynga Inc. (NASDAQ: ZNGA), Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software Inc. (NASDAQ: TTWO).
Tapinator, Inc. (OTC: TAPM), an emerging growth company in the burgeoning mobile games space, today announces the acquisition of publishing rights to the hit Android mobile fishing game franchise, Big Sport Fishing 3D. With more than 15 million downloads to date across multiple expansion packs, Big Sport Fishing 3D debuted in 2010 as one of the first mobile fishing games to turn players' smartphones into virtual fishing rods within a 360-degree, simulated reality fishing environment. The investment and publishing deal with Rocketmind Inc. of Cambridge, Massachusetts will bring a brand new sequel of Big Sport Fishing to Google Play, iOS and Amazon. Big Sport Fishing had previously been available exclusively on Android. The deal also grants licensing rights to mobile game production company, HyperPower Game Group, which will pursue opportunities to extend the franchise, in collaboration with Tapinator and Rocketmind, after release of the new upcoming game.
Read the full Tapinator (TAPM) Press Release at: http://www.financialnewsmedia.com/profiles/tapm.html
"Simulation games make up a significant part of our portfolio, which now boasts more than 150 games and 130 million players, so we feel uniquely able to support the Big Sport Fishing franchise" said Tapinator CEO, Ilya Nikolayev. "This collaboration with Rocketmind enables us to extend this expertise to adventure simulation, a genre we believe will be of great interest to our players. We are enthused by the virtual reality (VR) opportunities of this franchise, along with the evergreen nature and broad appeal of the fishing category. According to Statista, more than 55mm Americans took at least one fishing trip in 2013 and fishing related recreation expenditures represented a $42 Billion market in that year. As it relates to the mobile opportunity, Glu Mobile's Deer Hunter grossed in excess of $52mm in 2014 (Source: Glu Mobile (NASDAQ: GLUU) Q3 2015 Earnings Presentation). Given that there are more than four times as many fishing participants versus hunting participants in the US (source: Statista), we believe that this game represents a very large market opportunity for Tapinator and its partners."
In other gaming developments and happenings: Make way for Yarny! Coldwood Interactive and Electronic Arts Inc. (NASDAQ: EA) announced Unravel™ will be available worldwide on Feb. 9, 2016 via digital download on Origin™ for PC, PlayStation®4 and Xbox One. The Unravel trailer released today features new gameplay of Yarny-the tiny, new character made from a single thread of yarn-embarking on an adventure to reconnect the bonds of love. "Gaming is a powerful platform, able to inspire players and touch their hearts. With Unravel, we're hoping to do just that," says Martin Sahlin, Creative Director at Coldwood. "Yarny's quest is to mend broken bonds and the yarn represents the love and connection between people. Along the way, we'll test your cleverness with environment-based puzzles inspired by our home in Northern Sweden." Big Sport Fishing was originally created by a team of passionate game developers from rural western Massachusetts seeking to recreate the summers that they spent fishing at their local pond. "Our primary goal was to recreate the most exciting parts of those fishing experiences-to see the fish swimming, really feel them tugging on the line, having to fight to reel them in, etc.," said Joe Hanson, CEO of Rocketmind Inc. To this end, Big Sport Fishing was one of the first to take advantage of smartphone motion sensors to place players into an immersive, first person, virtual world where fishing is the only reality. Players need only move their phone to change their view, and flick their wrist to cast their line.
Zynga (NASDAQ: ZNGA) Coverage - According to a recent Forbes article, Another top idea Sandler presented at "The Invest for Kids Chicago" conference was Zynga. Sadler say Zynga is undervalued because it has $500 million in real estate (its San Francisco Headquarters) and a $1.15 in cash per share, meaning the market is valuing its underlying business for almost nothing. Sandler said if the stock were valued similar to its peer, King Digital, Zynga should be worth $5 a share or a double from its share price today. Source: http://www.forbes.com/sites/bryanrich/2015/12/07/the-6-billion-hedge-fund-that-predicted-the-biggest-takeover-of-the-year-and-its-top-5-best-ideas/?utm_campaign=yahootix&partner=yahootix
Activision Blizzard, Inc. (NASDAQ: ATVI) announced earlier this month that in relation to the Company's proposed acquisition of King Digital Entertainment plc (NYSE: KING) through its wholly owned subsidiary ABS Partners C.V., previously announced on November 2, 2015, ABS Partners C.V. and King Digital Entertainment plc have jointly despatched proposals to the holders of convertible securities (for example, stock options) of King Digital Entertainment plc in accordance with the requirements of Rule 15 of the Irish Takeover Rules together with the form of acceptance for each proposal (the "Proposal Documents"). The Proposal Documents are being made available for inspection on activisionblizzard.acquisitionoffer.com in accordance with Rule 26 of the Irish Takeover Rules. For the avoidance of doubt, the content of such website is not incorporated into, and does not form part of, this announcement.
2K - Take-Two Interactive Software Inc. (NASDAQ: TTWO) and Firaxis Games last week announced that the XCOM® 2 Digital Deluxe Edition is now available for pre-purchase for $74.99. Launching globally on February 5, 2016 for Windows PC and coming to Mac and Linux via Feral Interactive, the XCOM 2 Digital Deluxe Edition includes the sequel to the Game of the Year* award-winning strategy title XCOM: Enemy Unknown, the XCOM 2 Reinforcement Pack** and the digital soundtrack. XCOM 2 takes place 20 years into the future, where humanity has surrendered to the alien threat and XCOM is largely forgotten, forcing them to reclaim Earth and free mankind from the aliens' rule.
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