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Global Gaming Network, Inc. to Implement New Multi-Channel Programs to Maximize Revenues From Its SportsAlert.com Mobile Sports Information Service(June 13, 2012)
LOS ANGELES, CA -- (Marketwire) -- 06/13/12 -- Global Gaming Network, Inc. (PINKSHEETS: GBGM), www.GlobalGamingNetwork.net, announced today that they have developed a multi-channel revenue enhancement blueprint to realize the greatest possible revenues from subscribers to their SportsAlert.com mobile information service.
"With our acquisition of SportsAlert.com, we made it our main goal to maximize the Revenue/Subscriber. Our subscriber list has been growing steadily, and we now have over 100,000 highly responsive members to our popular SportsAlert.com service," said Stephen Kern, President of GBGM.
"New advertising and affiliate programs, such as our previously announced relationship with Goldbet, should over time significantly increase Revenue/Subscriber as well as accelerate our subscriber base. With the full implementation of these new advertising and affiliate programs, we anticipate significant year over year increases in revenues and profits for GBGM.
"As reported by comScore, more than 107 million people in the U.S. owned smartphones during the quarter ending April 2012, of which 74.1 percent of subscribers used text messaging on their mobile device. ABIResearch reported that an additional 1.2 billion smartphones will enter the market over the next five years. These are the individuals, in particular the young male demographic, key advertisers are looking to reach, and that SportsAlert.com provides via its SMS text messaging system.
"We believe GBGM is at the forefront of the digital and mobile messaging revolution. With SportsAlert.com, we believe we're in an excellent position to take full advantage of the phenomenal growth in mobile advertising, the industry's fastest growing media channel, estimated to reach $20,000,000,000 in global revenues by 2015."
About Global Gaming Network, Inc.:
Global Gaming Network, Inc. is developing and distributing digital entertainment and sports information for online and mobile platforms.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.
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