IRVINE, CA — (Marketwired) — 10/02/14 — Gamzio Mobile, Inc. (OTCQB: GAMZ), the innovative mobile & social casino game company is pleased to announce the launch of its new and improved website to showcase all news, games and announcements.
Gamzio–s new website features information about the Company and its games, as well as information for current and potential investors.
The new site features a Games section showcasing all current and upcoming games including Gamzio–s flagship Slots-O-Luck Adventure (available for iPhone & iPad), Casino Island Adventure, the Company–s latest Real-Money Slots game (available for iPhone & iPad), and the upcoming Go-Go Casino which is set to launch on Facebook in Q4 2014.
The new site is mobile optimized for optimal viewing on both desktop and mobile devices. Players and investors can access Gamzio–s game offerings right from the homepage of the new site.
CEO Jay Deiboldt states, “In an industry which moves as fast as the Social and Mobile Casino game industry, it is important for gaming companies to provide easily accessible, updated information to players and investors. Gamzio–s new website achieves this by allowing the Company to post up-to-the minute updates and developments regarding Gamzio and its games.”
The new website is currently live, and can be accessed by visiting:
Social casino games are, “One of the most lucrative segments in mobile games, and in the mobile app market at large publishers of Social Casino Games dominate the top publishers leaderboards,” according to Scott Reyburn, who published the Social Casino Gaming Report which can be read at:
Major casino operators are quickly converging on the social casino industry. Most recently, Caesars Interactive Entertainment (CIE) has pledged to continue its aggressive acquisition strategy to sustain the growth of its social gaming business after posting strong advances in the first quarter of 2014. Caesars Interactive Entertainment reported an 82% increase in net revenue to $124.2m for the first quarter of 2014, driven by record growth from its social and mobile gaming business, as well as the first contributions from its recent Pacific Interactive acquisition. Pacific interactive is the fourth social casino operator Caesars has acquired.
In addition Bally Gaming (BYI), recently acquired social casino company Dragonplay in a $100 million dollar deal consisting of $51 million in upfront cash, and approximately $49 million in additional earn-out consideration and employee retention payments based on Dragonplay hitting earnings targets. Shortly thereafter, Bally itself was acquired by gaming firm Scientific Games (SGMS) for roughly $3.3 billion, excluding net debt.
Gamzio is a developer of social casino games for the Internet and mobile devices. Its mission is to bring a genuine “Vegas” experience to the mobile gaming market through a strategic approach that optimizes real-time data and analytics technology. Gamzio is rapidly expanding through aggressive acquisition strategy and organic user acquisition for its portfolio of casino properties.
Gamzio–s flagship social casino “Slots-O–Luck Adventure HD” is available for download at its web site or directly in Apple–s App Store. Gamzio has also launched its first real-money mobile casino game into Apple–s U.K. App Store to begin tapping into the $40 billion gambling industry.
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, utilizing new Facebook mobile technology, increasing users for Gamzio–s games, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Gamzio Mobile, Inc.
(949) 732-0226
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