www.GamingIndustryStocks.com (GIS), and
www.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 (OTC BB: 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.