Make no mistake–Social Gaming is the hottest sector in the internet industry today! The biggest clue is to pay attention to what the media moguls are doing.
Facebook, which recently passed 500 million users has overtaken the search engine giant, Google, as the Web’s most popular site.
Google is urgently working to craft a rival to combat the social networking jaggernaut. And it’s betting that social gaming will be a cornerstone of its strategy. Earlier this month, TechCrunch reported that Google had invested at least $100 million in Zynga, the three-year-old company that has provided the social games, Farmville and Mafia Wars, to Facebook.
Yesterday Walt Disney purchased the No. 3 game developer behind Zynga and Electronic Arts, for $563.2 million.
The same day giant video-game retailer GameStop bought Flash game developer Kongregate!
The Social Gaming race is on, and it can mean real-world billions. In China and other Asian Countries, for instance, online games generate billions of dollars of revenue. The U.S. market lags, but it is expected to hit $2 billion by 2012.
Entrepreneurs, how would you like to participate in the revenue from this social gaming sector? Stay tuned for proprietary information that will be announced next week! Let’s Get Our Social Game On!