GamingIndustryStocks.com (GIS), and InvestingInWireless.com (IIW) investor and industry news portals for the gaming sector and wireless industry, announce new featured company MGN Technologies Inc., d.b.a Mobile Gaming Now (OTCBB: MGNLF). MGN is an online and mobile gaming software developer focused on the casino gaming market. The Company operates its own gaming sites in addition to licensing its gaming platform to strategic partners.
MGN has identified opportunities within the growing mobile gaming and gambling market. According to a Juniper Research, worldwide revenues from mobile casino services are expected to reach approximately $4.6 billion by 2009, with mobile gambling as a whole (casino, lottery, and betting) anticipated to generate revenues in excess of $19 billion by this time period.
To take advantage of the online and mobile gaming market, MGN is positioning itself as a new and sophisticated gaming portal for the casino player. Mark Jensen, MGN’s President and CEO describes, “With millions of people visiting land-based and Internet casinos, we’re the new place to go to get traditional online and mobile games. Traditional games such as poker, black jack, and roulette are games that can be learned in minutes but take a lifetime to master. Our services will promote a player community that’s entertaining and rewarding. We’re unique because we feature three distinct levels of game play. We offer free games, games for prizes and gambling. People can risk it, play casually or simply play for fun. We also offer integrated play for the online gamer or the mobile player. Players compete head-to-head on a PC or a mobile phone. Our players can play at home or anywhere a mobile phone goes.”
Mobile Gaming Now’s products and services focus on interactive casino-based games for online and mobile gamers, as well as the casino patron, enabling both single and tournament play opportunities. The Company’s initial game product is MGN Limit Texas Holdem’, which comprises all the basic aspects of an online Texas Holdem. MGN’s Texas Holdem’ is provided in three versions to accommodate the various “generations” of mobile platforms that deliver different levels of speed and capability.
Mobile Gaming Now is also developing a strong group of casino games to provide the complete casino experience. Black Jack, Roulette, Craps, Poker, Baccarat and Slots will be available in three gaming formats: Play-For-Free, Play-For-Prizes and Play-For-Money. In addition, MGN licenses their gaming platform complete with games to qualified operators.
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Featured Company: (GIS and IIW are compensated as disclosed in disclaimer.)
MGN Technologies, Inc. d.b.a Mobile Gaming Now. (OTCBB: MGNLF) is a gaming software developer and marketer focused on the casino gaming market. Operating in Kirkland, Washington, the Company operates its own gaming sites as well as licenses its gaming platform to strategic partners. Players can play for free, play for prizes or play for money. The Company has developed the first multi-player Texas Holdem game for free or money with integrated personal computer and mobile game play.
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Source: GamingIndustryStocks.com, MGNLF