Streamplay Revolutionizes Pacific Gaming Market with mGames Launch

Streamplay Studio Limited (ASX: SP8) has launched mGames, a gaming platform, in Papua New Guinea, marking its entry into the Pacific market. The company has partnered with bmobile, a leading regional telco, and will split the revenue 50/50. This collaboration aims to generate a strong revenue stream for both parties. Streamplay plans to expand its gaming platform to other Pacific markets such as American Samoa, Tonga, Solomon Islands, and Fiji.

The Pacific region has witnessed significant growth in mobile penetration, presenting a lucrative opportunity for mobile gaming platforms. With mobile penetration rates of 41% in Papua New Guinea, 47% in Solomon Islands, 78% in American Samoa, and 85% in Fiji, there is a substantial potential user base for mGames. The launch of mGames in Papua New Guinea marks a crucial step in capturing this opportunity and revolutionizing the casual gaming space in the Pacific market.

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