Treasure Global Launches 10 Mini Games Integrated with AI Game Creator in ZCITY’s 3D World, Enters Booming Global Gaming Market
21 Décembre 2023 - 2:36PM
Treasure Global Inc (NASDAQ: TGL) (“TGL,” “Treasure Global” or the
“Company”), an innovative technology solutions provider, today
announced the launch of 10 exciting mini-games in ZCITY 3D World,
allowing TGL to tap into the projected US $212.4 billion global
gaming industry. The integration is powered by TGL’s Artificial
Intelligence (“AI”) Game Creator.
Powering the Future: ZCITY's AI Game Creator in the
projected US$212.4 Billion Global Gaming Market
Newzoo, a leader in video games and gamer data, estimates that
the global games market will generate revenue of US$212.4 billion
in 2026. With the global games market projected to generate
revenues of US$187.7 billion in 2023, reflecting a +2.6%
year-on-year growth rate, ZCITY's AI Game Creator is positioned to
be a pioneering force by providing access to this expansive
market.1
Mobile Games Forecast: Dominating Player
Preferences
As the mobile gaming market maintains its lead within the gaming
industry, contributing a substantial US$92.6 billion to the overall
revenue, ZCITY's mobile-friendly mini-games are strategically
positioned to capture a significant share of this dynamic market.
Mobile gaming dominates player preferences, capturing 84.4% of the
audience.1
Online Gaming Market Dynamics: 9.8% Growth in
2023
In 2023, the global online gaming market generated approximately
US$26.14 billion in revenues, growing 9.8% compared to the previous
year. While down from its unprecedented 2020 growth rate that
benefited from the global COVID-19 outbreak, online gaming remains
a popular and resilient activity, with an estimated 1.1 billion
online gamers worldwide with China, South Korea, and Japan having
the largest online gaming reach.2
Unlocking Gaming Revenue Potential: AI-Enhanced Gaming
Experience
TGL has incorporated an AI-powered game creator within ZCITY 3D
World, allowing users to customize and play the 10 newly integrated
mini-games. This strategic move not only enhances the gaming
experience for users, but also positions ZCITY to access the
rapidly growing global gaming market.
Monetization Opportunities and Future
Growth
The introduction of 10 AI-powered mini-games into ZCITY 3D
World, coupled with the ability for users to customize their gaming
experience, aligns with Treasure Global's commitment to
diversifying revenue streams. Through in-game purchases, virtual
goods, and AI-driven marketing strategies, ZCITY 3D World is poised
to become a dynamic digital marketplace.
Sam Teo, Chief Executive Officer of Treasure Global, commented,
"The integration of an AI game creator into ZCITY 3D World aligns
with the robust growth trajectory of the global gaming market. This
move not only positions ZCITY as a leader in AI-enhanced
entertainment but also capitalizes on the significant revenue
potential within this burgeoning industry."
About Treasure Global Inc
Treasure Global is a Malaysian solutions provider developing
innovative technology platforms. Treasure Global has developed two
technology solutions: the ZCITY App, a unique digital ecosystem
that transforms and simplifies the e-payment experience for
consumers, while simultaneously allowing them to earn rewards; and
TAZTE, a digital F&B management system providing merchants with
a one-stop management and automated solution to digitalize their
businesses. Treasure Global also acts as a master franchiser in
Southeast Asia for popular restaurant chains, while providing them
with the TAZTE solution. As of November 28, 2023, ZCITY had over
2,670,000 registered users.
For more information, please visit
https://treasureglobal.co/
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements are characterized by
future or conditional verbs such as “may,” “will,” “expect,”
“intend,” “anticipate,” “believe,” “estimate” and “continue” or
similar words. You should read statements that contain these words
carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial
condition or state other forward-looking information.
Forward-looking statements are not guarantees of future
performance, are based on certain assumptions, and are subject to
various known and unknown risks and uncertainties, many of which
are beyond the control of the Company, including those set forth in
the Risk Factors section of the Company’s Annual Report on Form
10-K for the fiscal year ended June 30, 2023 and subsequent filings
filed with the Securities Exchange Commission (“SEC”). Copies of
these documents are available on the SEC’s website, www.sec.gov.
These forward-looking statements cannot be predicted or quantified
and consequently, actual results may differ materially from those
expressed or implied by such forward-looking statements. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
For further information, please contact:
U.S. Investor ContactErika KayKCSA Strategic
Communicationsir_us@treasuregroup.co
Malaysian Investor
Contactsir_my@treasuregroup.co
Media ContactSue Chuah, Chief Marketing
OfficerTreasure Global Incmediacontact@treasuregroup.co
__________________1
https://gam3s.gg/news/newzoo-global-games-market-report-2023/.2
https://www.statista.com/topics/1551/online-gaming/#topicOverview.
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