Online Gaming
The online gaming industry consists of many sectors, from online games to fantasy sports to online gambling. This sector has experienced explosive growth over the years and is poised to experience more incredible growth when the US licenses and regulates online gambling. Recent studies have revealed that the video game industry, which includes casual games as its largest component, has surpassed the movie industry in terms of overall sales. iGaming which includes casino, bingo and poker is another niche within this sector that is also booming around the globe.
Some stats to consider:
- Fantasy Sports is a billion dollar industry, consisting of 30 million players in the US and Canada, according to the FSTA.
- Kathy Vrabeck, head of EA's Casual Entertainment division projects that "the casual games business will be around a $13.5 billion business over the next couple of years".
- Christianson Capital Advisors state that online gambling revenues will reach $24.4 billion by the year 2010.
Through the development of gaming specific products, using revenue friendly models, Intelimax has positioned itself to take advantage opportunities available in this market.
