Wednesday, August 22, 2012

Crowdpark ventures into mobile casino and betting games ...

Crowdpark, the European start-up bringing legal virtual payout betting and casino games to the world of social gaming, today announced the launch of two mobile social games. The iOS games, Pet Vegas Mobile and AnteUp Mobile, join their existing Facebook and Web games to position Crowdpark at the intersection of three powerful markets: social gaming, online gambling, and mobile gaming. Casino games have proven to be among the highest revenue generators on Facebook and in the AppStore. By marrying the monetization potential of social casino and betting games with the striking reach of mobile devices, Crowdpark aims to propel their Web and Facebook games portfolio to the next level.

Mobile social games promise to capture the attention of the one billion activated smartphone and106 million tablet users forecasted for the end of 2012. Moreover, as iOS users are asked to register credit card details at the time of App Store registration, analysts are optimistic for the strong monetization of freemium mobile games.?Crowdpark feels that it is essential to maximize social games? potential by pursuing a cross-platform strategy, capitalizing on cross-marketing and seamless play on multiple devices. Mobile and Facebook are synergistic platforms allowing for heightened gamer satisfaction,? said co-founder Martin Frindt.

With their current strategy, Crowdpark positions themselves within several growth markets. To visually illustrate this news, please see the?Crowdpark Mobile Social Casino Market infographic. Crowdpark filed for insolvency in July. Nonetheless, the launch of these new games demonstrates that Crowdpark is continuing operations and working to follow their multi-platform strategy. Crowdpark?s preliminary insolvency administrator, Thomas K?hn of Brinkmann & Partner, is workingtogether with the founding management team and M&A advisory firm Advantum Corporate Financeto steer the international investment and acquisition process.

?Crowdpark has a highly qualified team and great technology,? said K?hn. ?We have seen much interest from potential investors and acquirers in our initial discussions. I am confident that there will be a favorable outcome for Crowdpark.?

Pet Vegas?? The Pet Vegas Mobile App brings Crowdpark?s lovable slots to mobile. Users can connect with Facebook on iOS devices to play their beloved Facebook game on-the-go. Pet Vegas Mobile marries Crowdpark?s savvy graphics with playful social mechanics. Follow the game on Twitter @PetVegas?and play?Pet Vegas?on Facebook.

AnteUp?? The mobile version of AnteUp brings betting to its natural home. Players make simple bets such as ?I bet you a beer that Manchester United will win the next match.? Initiate a bet, side with your?friends in their wagers and show off your success online. AnteUp Mobile embraces smartphone and?tablet features such as the camera so that users can flaunt their wins to their friends. Crowdpark?s peer-to-peer betting is the perfect platform to engage in light-hearted, friendly competition. Earn your bragging rights with AnteUp Mobile. Follow the game on Twitter?@GoAnteUp?and play AnteUp on Facebook.

This announcement demonstrates Crowdpark?s strength and focus in the face of adversity, as well as determination to hold its position in the market. The high quality of Pet Vegas Mobile and AnteUp Mobile is a reflection of the team?s hard work, loyalty, and dedication.

Have fun playing on the go!

Source: http://www.crowdpark.com/crowdpark-ventures-into-mobile-casino-and-betting-games/

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