Replies to post #1030 on Amico Games Corp (fka AMCG)

[MCKINLEY MORGANFIELD]

wolyton,amcg looks very undervalued here's why,

China's Online Games Industry Will Grow to 2.67 Billion DollarsAs soon as 2010 By Andrei Dumitrescu, Games Editor








The big MMOs of our time, like World of Warcraft from Blizzard or Warhammer Online from Mythic, need to re-orient themselves to attract as much of the Chinese market as possible, otherwise they run the risk of becoming irrelevant.

A recent study from Interfax China, a business news organization and research group, says that the amount of money generated by the online gaming industry of the Communist state will reach 18.21 RMB or 2.67 billion dollars sometime in 2010. The report is called “China Online and Mobile Gaming 2008-2010” and paints a picture of around 120 companies registered as gaming operators that are running about 200 online games. They made 1.5 billion dollars in 2007 and are set to reach 1.86 billion in 2009.