Gaming
Transactions, Inc. (OTC: GGTS) a developer and provider of
online games and
services for the online entertainment and gaming industries announces it
has retained Prestige Procurement and Networking Services (Prestige Asia)
to manage the Global Investor Relations program.
The Company's central licensed games portal, keno.com , is a
destination
online gambling property where players may participate in a
number of gambling and
online gaming fixtures. keno.com is licensed to
Keno.com Ltd. (UK); a wholly owned subsidiary of Gaming Transactions Inc.
Sutida Suwunnavid of Prestige Asia said, "Gaming Transactions Inc has
great growth potential in Asia, both in the area of online and mobile
gaming"
Gaming Transactions Inc. has always viewed Asia as a prime market,
being able to take that step should significantly impact revenue and
profits in the coming year. The online gaming market in China is expected
to grow by 28 percent this year with revenues reaching US$970 million
according to new figures from iResearch. This would put China just ahead of
Korea's US$960 million in online game revenues.
It's also interesting to note the rapid expansion of Internet use in
China. Another report from eMarketer, China Online, delves into the
incredible potential for the online market in the country. There were more
than 111 million Internet users in China in 2005 and that number is
2006-06-30