Esports Mogul Asia Pacific Limited announced the new mobile games titles to the string of recently announced console titles being offered on Mogul.gg.
On Monday, the e-sports and media player Esports Mogul Asia Pacific Limited (ASX: ESH) stated that it has further extended its list of popular mobile games hosted on Mogul.gg. Now the gamers will see Hearthstone, Bang Bang, Clash Royale and Arena of Valor more in the company’s game title catalogue.
The report reveals that in 2018, mobile titles accounts for over half of the global gaming market and were expected to deliver $70.3 billion revenue in 2018. But with this addition in place, Mogul.gg is now likely to gain more traction from all types of gamers including mobile, computer and console players.
Esports Mogul Managing Director, Gernot Abl said, The release of additional mobile titles just after a recent launch of popular console titles on Mogul.gg underlines the aggressive growth strategy that the company is executing in 2019. Mr. Abl further added that the company is thrilled to now offer multi-platform gamers to play through Mogul.gg, and is ready with more comprehensive title list for PC games to be announced shortly.
Most of these new games offer multi-platform which means it can be played on mobile as well as console, entirely supported by Mogul.gg. Hearthstone reportedly includes 100 million+ players; Bang Bang targets $200m+ total revenue; Clash Royale 354 million downloads; and Arena of Valor 200 million+ players.
Esports Mogul’s strategy is to acquire new users at an aggressive pace and appeal to a broad demographic of gamers. To serve this purpose, the company had recently launched the additional consoles' titles, entirely supported by Mogul.gg platform. The list of new console game included Overwatch, Fortnite, Rainbow Six Siege, Call of Duty, NBA 2K19, Super Smash Bros. Ultimate, Pro Evolution Soccer and TEKKEN 7. As per the report, Console games held one-fourth of the gaming market in 2018 which were expected to generate $34.6 billion in revenues.
Going forward, the company targets to unveils its AU$275,000 tournament series in early February 2019. The series is in partnership with Razer Inc. and is designed to sport an extensive catalogue of 16 PC, console and mobile titles. Also, the company intends to release the additional PC titles to be added to Mogul.gg later in this month.
After trading flat in early morning trade, Esports Mogul’s shares fell 5.556% to last trade at $0.017 on 14 January 2019. In the past 12 months, the stock price has witnessed a decent performance change of +5.88%. But since the last three months, ESH has been trading at lower levels with the negative price movement of 25%.
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