Mobile Gaming Now Overview

MOBILE GAMING NOW (MGN) is a software development and marketing company building an online gaming community through gaming operations and licensing. The company operates its own gaming and gambling sites as well as licensing its gaming and marketing platforms to qualifi ed operators. MGN is focusing on casino games for the online and mobile gaming markets and land-based casinos. Our mission is to become the best and most trusted mobile gaming provider to the industry through a high quality global network of gaming platforms. Our games are single and multiplayer turn-based games featuring tournaments, winner ranking and the best prizes. We’ve developed a proprietary multiplayer platform that acts as a turnkey environment for online gaming operators, a growing suite of games for mobile players, and a host of supporting services to provide enhanced business opportunities.

MGN’s fi rst game is Texas Holdem poker. It allows online gamers to play with as many as six other people at a time on their mobile phones. Since the launch of the world’s fi rst virtual online casino in 1995, the market for casino-type software like Texas Holdem’ has fl ourished. In 1996 there were 30 casino sites that collected $30 million in revenue. According to USA Today, more than 2,000 casino-type gaming web sites are expected to generate some $10 billion in revenue in 2005.

Currently, poker is by far the most popular online game. Poker revenue is expected to reach more than $2 billion in 2005 and attract one million players a month, more than double that of the previous year. Gamers can now play poker at 266 web sites, up from only 53 in 2003, according to CasinoCity.com.