Empire Global Gaming Inc (OTC:EPGG)

BELLPORT, N.Y.--(BUSINESS WIRE)--Empire Global Gaming, Inc (OTC: EPGG) announced today that its New Patented Gaming Technology has been approved for distribution through licensed vendors by the Gaming Commission in several States and has Passed the criteria for worldwide legal use and approval by Gaming Laboratories International (GLI). This approval provides significant value when matched with the International Patents that have been filed. Empire Global Gaming, Inc. is now in a position to potentially license its proprietary and newly patented online games to some of the highly recognized online gaming companies that are rapidly growing internationally and are beginning to grow in the U.S. The U.S. market for online gambling may reach $7.4 billion per year by 2017, according to Manchester, U.K.-based researcher H2 Gaming Capital. “The regulated real-money Internet gambling industry has reached nearly $30 billion market worldwide in 2012, according to H2 Gaming Capital.” According to an article on April 30th, in USA Today: “With legal gambling set to move this year beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history.”

Example: PokerStars, with nearly 50 million registered players at the start of 2012 is the largest multibillion dollar online gaming company, Zynga (ZNGA), this month launched its online poker and casino games for real money in the U.K. and recently announced that they are bringing online gambling to the masses. As released by CNET News on February 25th, 2013, the CEO of Zynga, Mark Pincus is quoted as saying: “Rather than focusing on hardcore gamblers, they will cater to social gamblers.” Ultimate Poker, the nation’s first legally regulated pay-to-play online gaming website, has exceeded expectations. Ultimate Poker has registered thousands of users from every U.S. state and 20 different countries since launching last week in just 72 hours.

Nicholas Sorge Sr. Founder & President of Empire Global Gaming, Inc., says: “I am excited that we are expanding our potential to grow into these worldwide global markets and make significant inroads into the expanding world of online gaming.”