ith the Online Games The potential reach of the
Sector growing faster Internet is staggering. With
than the Internet itself broadband (and therefore quicker
this business will be the next web access) reaching ever more
big online money maker. homes and Internet cafés, the
popularity of live interaction
The Internet is the with other people online is
fastest-growing market in the exploding.
history of the WORLD, but just
this one sector has been growing The speed of people's home
FOUR TIMES FASTER than the Internet connections is driving
Internet overall. People aren't this market. In America, nearly
just using the web for 75% of Internet users had
information anymore; they now see broadband at home last year, up
it as a prime deliverer of from 57% just one year
entertainment. It's even eating earlier…and Internet users in
into TV-viewing figures, and India increased by 54% in just
therefore also TV advertising one year.
revenue. Meanwhile, in-game
advertising is predicted to grow Alex Burmaster, European Internet
by 70% year-on-year, to be worth Analyst, Nielsen//NetRatings (a
USD billions in three years. It's global leader in Internet media
no wonder that TV companies are and market research) said, "Take
scrambling for a piece of online the fact that the online games
games real estate – buying sector is growing at four times
companies, launching games the rate of overall Internet
platforms, and putting their growth together with the
content online in interactive increasing numbers…online and it
form. is easy to see why companies such
as MTV Networks are looking to
get a piece of the action." tournament. Skill-based games are
named accordingly because the
The online games sector has been outcome of each competition is
identified as the next step in based on the players' ability and
the evolution of online performance, with any elements of
entertainment, and people of all luck either eliminated. This is
ages, from all over the world, critical, in order to be legal
play in their millions. And and avoid falling under
within this sector, "casual anti-gambling statutes.
skill-based games" rank as one of
the most popular pastimes. People like to play these games
on their computers for a fun
What are casual games of skill? challenge. Playing them online
Casual games are familiar, fun against someone else adds an
pastimes such as: extra social, competitive
element; and playing for cash
Board games like draughts, prizes between USD$1 and $1,000
backgammon upwards makes them even more
Sports games like pool, golf and exciting and rewarding!
basketball
Puzzle games like jigsaws and What does all of this mean? It
word games means that online games are where
These are played online in a the money is. People are willing
tournament format, with each to pay to play, and they are
player paying a cash entry fee to doing it already. Interesting
play, and with a cash or fact?
merchandise prize going to the
winner or winners of the
About the Author:
Tony Stoffo has been a successful Entrepreneur online since the late 90’s and is the author of the best selling book entitled "Money Management" If you would like to view a video on the exploding Online Game Sector, and how you can get involved in it please visit: http://www.myspace.com/ts5212
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Tony Stoffo
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