Asia The Target For Poker Software Producer
Published: Friday, April 01, 2005 Online-Casinos.com
ASIA THE TARGET FOR POKER SOFTWARE PRODUCER
Region is reaching critical mass says company
Asian portals are the target for new poker software developed by CYOP Systems International, according to a press release this week.
The release claims that Asia is fast reaching the critical mass and interest needed for online poker, and reveals that CYOP Systems Interna tional hopes to become the early leader in the field. With backend CrediPlay financial systems already localised into traditional and simplified Chinese language format, CYOP has begun working on the front end game translations of its poker games.
CYOP quotes from a recent report from IDC Online, which says that gaming revenues in the Asia-Pacific region will reach $1.84 billion by 2008. Overall, online gaming subscription revenues in the Asia-Pacific region (excluding Japan) are projected to more than double by 2008 to $1.84 billion from $760 million in 2003.
"Recent reports have Chinese Internet users spending an average of 12.3 hours per week online with gaming and entertainment being the second most popular online activity," said Mitch White, CEO of CYOP. "Combined with reports that China expects to have a total of 120 million Internet users by the end of 2005; a 28 percent increase from the 94 million users in 2004 this presents solid opportunities."
Should these predictions prove to be correct, China will have the second largest number of Internet users, after the US.
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