Wednesday, June 18, 2014
Tapinator, Inc. Announces New Management & Business Model Focused on Mobile Gaming
NEW YORK, June 18, 2014 /PRNewswire/ Tapinator, Inc. (OTC: TAPM) is pleased to announce a new focus on the mobile gaming industry, led by a seasoned management team with deep experience in the mobile gaming and social media space. The Company operates its own mobile games, publishes mobile gaming titles where it holds substantial ownership positions, and makes strategic investments into promising mobile companies The mobile games and application space is a massive and quickly growing industry. In 2013, Apple paid out $10 billion to mobile developers and is on pace to far exceed this in 2014. Although Google does not disclose its developer payouts, it is catching up to Apple in terms of monetization and represents a multi-billion dollar market. Individual developers are building highly scalable businesses on mobile. Game developer Supercell announced that it generated $892 million in 2013 off just two games across Android and iOS. Another game developer, King Digital Entertain
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