Dallas, Texas 05/27/2015 (Financialstrend) – SPYR Inc (OTCMKTS:SPYR) has moved a step closer to leveraging the millions of devices that have access to Google Inc. (NASDAQ:GOOGL)’s app store. The unveiling of the company’s latest game titled Plucky on Google Play, means the game stands a chance to be played on more than 900 Android devices across the globe.
SPYR Inc (OTCMKTS:SPYR) already has a strategic marketing campaign in place as it looks to trigger downloads on Google’s play store. The company has also been running advertising campaigns side by side downloads as it looks to supplement its revenue streams.
SPYR Inc (OTCMKTS:SPYR) has reiterated plans to develop a line of superior games that are expected to increase profit margins as the company moves to popularize itself in the gaming world. CEO, James R. Thompson has already said that the company could unveil a series of other games before year end.
The company hopes that by creating a diverse portfolio of games it will be able to generate revenues through ads aired side by side the games. Analyst are already betting big on the company’s prospects with most of them of the opinion that the company could register up to $12 million in revenues from its operations. The company itself is betting big on the gaming industry that is valued at $30 billion in revenues with the potential to grow to highs of $40 billion by 2017.
Video game consoles remain the superior brand in the gaming industry, but there are suggestions that spending on them and their popularity may be waning as mobile games continue to accrue market shares. SPYR Inc (OTCMKTS:SPYR) is slowly immersing itself in the mobile games revolution as it looks to take advantage of the fast-growing space. The popularity of mobile games has mostly been spurred by the impressive adoption of smartphones.