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Mobile Gaming Apps Driving Majority of Revenue Potential While Daily Downloads Continue to Skyrocket Globally


News provided by

FN Media Group, LLC

Apr 14, 2015, 08:35 ET

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CORAL SPRINGS, Florida, April 14, 2015 /PRNewswire/ --

Video gaming stocks saw mixed trends last week as new games & downloads, collaborations and mergers helped drive the sector.  With downloads reaching new levels, gaming companies move to improve accessibility for consumers.  Leading Companies in focus in the gaming app space today are: Tapinator, Inc. (OTC: TAPM), King Digital Entertainment's (NYSE: KING), Zynga (NASDAQ:ZNGA), Apple Inc. (NASDAQ:AAPL) and Facebook Inc. (NASDAQ:FB)

Tapinator, Inc. (OTC: TAPM) is pleased to announce that its portfolio on Google Play has surpassed 400,000 new daily installs and four of its games have reached the Top New Free charts on the Google Play platform. These four games are: 

• Angry Shark Revenge

• Speed Car Escape

• Farm Tractor Simulator

• Furious Car Driver

These games span the parking, simulation, and animal simulation categories, where Tapinator has achieved critical mass. Each title was launched within the last 30 days and, collectively, these games have already surpassed 85,000 daily new installs.  With the success of these recent games, for the first time in Tapinator's history, on April 10th 2015, the Company exceeded 400,000 daily installs across its portfolio.

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

"We just recently announced 300,000 new daily installs and, less than one month later, we have already surpassed 400,000 new players on a daily basis. This metric illustrates the tremendous rate at which our game portfolio is growing. Later this month, in addition to our existing categories, we will be releasing games within several new categories, including our first social casino title," stated Tapinator CEO, Ilya Nikolayev.

In a recent article published on Investors.com:  The freemium mobile game model remains very dependent on a tiny sliver of users for a majority of revenue, according to a new report, with just 0.23% of players accounting for 64% of total revenue.

Mobile games, including King Digital Entertainment's (NYSE:KING) "Candy Crush Saga" and SuperCell's "Clash of Clans," make their money off of optional in-game purchases offering more turns, more weapons, etc. that give players an extra advantage.

Thursday's 2015 Mobile Monetization Report from mobile marketing automation firm Swerve suggests that mobile game makers may be less concerned about acquiring players as they "learn to manage the player lifecycle." ...

... Zynga (NASDAQ:ZNGA) was one of the first mobile game makers to go public in late 2011. But its alliance with Facebook (NASDAQ:FB) weakened, and games such as "Farmville" lost popularity. It's gone through a series of layoffs as revenue plunges. Zynga shares fell 17.9%on Thursday after its CEO Don Mattrick left and Zynga founder Mark Pincus returned to the helm...

...While mobile games can go boom or bust, Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL) are big winners. Revenue from apps at the Apple App Store and Google Play have boomed on freemium games, with Apple and Google taking a slice of the ever-growing pie. Freemium revenue rose more than 70% last year, according to an Annie App and IDC report. Revenue from paid apps' in-app buys sank 24%...

...Outside the U.S., the mobile games winner may be China's Tencent (OTCPK:TCEHY). The operator of the WeChat and QQ messaging services and Alibaba's (NYSE:BABA) archrival generated $1.92 billion in mobile and online gaming revenue in the fourth quarter, 56% of its total. In addition to a slew of in-house and third-party mobile games, Tencent also owns Los Angeles-based Riot Games, which runs the hugely popular PC-based League of Legends freemium game...

Read the Full Article at Investor's Business Daily: http://news.investors.com/technology-click/040915-747267-mobile-games-64-percent-revenue-from-0-23-players.htm#ixzz3XE7hBImo

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand four hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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