Latest & Fastest Growing Mobile Gaming Apps Now
Available on iOS & Android are Driving Revenue
Gains
Coral Springs, FL -- September 20, 2016 -- InvestorsHub
NewsWire -- The lucrative mobile gaming sector continues to
separate itself from traditional, console-based gaming as
innovative developments provide consumers with an increasingly wide
variety of options. Leaders & Publishers in the video/mobile
gaming industry looking to meet the growing demand of consumers
world-wide in the markets include: Zynga, Inc. (NASDAQ: ZNGA),
Tapinator, Inc. (OTC: TAPM), Nintendo Co. Ltd. (OTC: NTDOY),
Glu Mobile Inc. (NASDAQ: GLUU) and GameStop Corporation (NYSE:
GME).
Tapinator, Inc. (OTC: TAPM), a leading company within the
mobile gaming industry, is providing an update to its previously
issued financial guidance for 2016. Tapinator continues to expect
revenue results in the range of $4.0 million - $4.5 million for
2016, representing an annualized organic revenue growth rate range
of 63%-84%. The Company now expects operating income for the year
to be between breakeven and $300,000, up from previously issued
breakeven guidance, and is now targeting an Adjusted EBITDA (a
non-GAAP measure) percentage range of 23%-27% for 2016, changed
from previously issued guidance of 24%. The Company now expects to
report net losses in 2016 of $2.0 million - $2.3 million, up from
previously issued net loss guidance of $1.6 million, primarily as a
result of financing charges related to the recent successful
refinancing of the Company's $2.4 million convertible debenture,
including approximately $2.1 million in expected non-cash
charges.
Read the full Tapinator (TAPM) Press Release
at: http://financialnewsmedia.com/profiles/tapm.html
Tapinator is also pleased to provide the following timing
updates for some of its most significant upcoming Full-Featured
global game launches: Big Sport Fishing 2017 - November 10, 2016 --
The freemium sequel to Big Sport Fishing, a game with 15 million
player downloads. The US fishing market is larger than the hunting
market: $41.7 billion vs. $31.8 billion. Given the quality of our
game, this statistic and the success of hunting games on mobile, we
believe this to be a significant opportunity for the Company.
Solitaire (game named to be disclosed closer to launch) -
December 1, 2016 -- Solitaire is the most popular category of card
games on mobile and, recently, several themed solitaire games have
proven out the category's top grossing potential. Our new solitaire
title will combine the classic game with a theme that we believe
will resonate widely, across age groups and geographic regions.
ROCKY - December 8, 2016 -- The ROCKY film series has grossed
over $1 billion at the worldwide box office. This freemium game
features collectible fighters (including the original motion
picture characters), multiplayer fights, exciting training
sessions, and best-in-class engagement/monetization
mechanics.
In other Mobile Gaming News and developments in the
markets:
Nintendo Co. Ltd. (OTC: NTDOY) News: In gaming, there are often
many controversies about final products being less than what was
promised. We see this every year, but most recently a prominent
example was No Mans Sky, where the final game delivered only a
portion of what players thought they would be getting. Strangely,
however, were now seeing the exact opposite happen with Nintendos
Pokmon GO Plus peripheral. Its something that actually does more
than was advertised. Past that, Pokmon GO Plus is flat-out doing
things that Nintendo specifically said it wouldnt do. Now, only
after its on sale (and mostly sold out) is that being made clear.
Read the full article on
Forbes.
Zynga, Inc. (NASDAQ: ZNGA), a leading social game developer,
last week announced its popular social game Words With Friends is
now available to play directly in Messages on your iPhone or iPad.
To access this first of its kind experience, download the Words
With Friends iMessage app on any iPhone or iPad with the new iOS
10.
Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and
publisher of free-to-play games for smartphone and tablet devices,
last week announced the acquisition of community-driven App, Poke
Radar. Built by a small team of Pokemon GO enthusiasts and relying
on information submitted by its community of users Poke Radars
mission is to help players of the years most popular mobile game
catch em all. That team will join Glu Mobile and continue to offer
its community the same experience they love. Having worked on the
development of other apps with millions of downloads worldwide, the
Poke Radar team will continue their innovative work as part of
Glu.
Kongregate, a wholly-owned subsidiary of GameStop Corporation
(NYSE: GME) and Fox Digital Entertainment recently announced Order
up! Animation Throwdown: The Quest for Cards is now available
globally on iOS and Android. Animation Throwdown: The Quest for
Cards is the only collectible card game featuring five hit
Twentieth Century Fox animated comedies: American Dad!, Bob's
Burgers, Family Guy, Futurama, and King of the Hill. For the first
time ever, players get to assemble their favorite characters and
experience iconic show moments in the ultimate deck-building game
of domination. Cross-dress with Roger, pimp sweet lady propane in
the heart of Texas, stop for a Butterface Burger with the Belchers,
and pound a Pawtucket Patriot Ale (or two) without having to leave
the comfort of your local New New York suicide booth!
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