NEWS
EVENTS
Gaming Incomes Set to Increase
Most gaming companies are expecting to increase their year on year incomes in the next two to five years. This is in the backdrop of major technological advancements. These advancements are making games available to previously inaccessible markets.
The online gaming firms seem to be enjoying the bulk of the business as the Internet continues to advance into areas that were regarded as remote. As more people get access to the Internet there will naturally be an increase in the demand for online mobile games.
Already mobile games are now taking over from console games both in terms of popularity and revenue generation. This is despite the fact that most of the mobile games are free to download. It is the in-app purchases that are driving up revenue for this division of games.
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Giant game console developers are now thinking of making their multiplayer games compatible to consoles from different brands. The effect of this will be increase in revenue as players using Nintendo's consoles will be able to play the same game online with players using Microsoft or Sony. Game sales and console sales will be positively increased.
Although online casino gaming figures for regions like Macau are on the decrease, online casino operators are hopeful. They anticipate that as more countries continue to regulate online gambling there is likely to be an increased demand for online casino games. This mass market is expected to turn around the fortunes of depressed markets.
New technology such as Virtual Reality is going to usher in a new era in gaming. Undoubtedly this will be accompanied by improved revenue by game developers in all sectors. Virtual Reality will rekindle the console gaming industry. This technology is also expected to have a huge impact on the live online casino gaming industry.
