Glorywin Entertainment announces growth forecast and industry outlook for 2015

According to the publication, Research & Markets, "about 51% of the world's population takes part in some form of gambling every year, thus signifying obvious financial benefits from online gambling websites. With the expansion of the online gambling industry, players have come to expect only the highest quality of online gambling facilities."

Since 2012, the gaming industry in Macau has consistently brought in more revenue than the entire commercial casino industry in the U.S, outpacing Wall Street's conservative projections. In 2013, Macau reported revenue of US$ 45 billion, up 20% from the previous year and almost 7 times higher than Las Vegas revenue of US$ 6.5 billion.

Glorywin saw 4% growth month-over-month for 2014 and is projecting that number to increase to 5-6% for 2015. The company brought in over US$ 800,000 in net profits in the second quarter of 2014, while expecting to add an additional 4 to 5 junkets to their active base of 25 in the next 12 months.

The executive team at Glorywin is actively seeking strategic partnerships with land-based Casinos in Asia and is weighing prospects about further developments throughout the U.S. and Canada. The company's Chief Operating Officer, Mr. Zhen Long Ho, is currently in the progress of designing and developing a mobile application that will be available by the second quarter of 2015.
The mobile gambling market alone is expected to generate US$ 11.4 billion in revenue for 2015 and garner a 35% penetration of the overall casino market, up from 3% in 2012. By 2018, the amount of bets placed via a mobile device is expected to exceed US$ 100 billion.

Glorywin Entertainment Group is positioned to become a dominant player in both online and mobile gaming channels, building on their existing infrastructure and junket operations throughout 2015. Company CEO Eng Wah Kung states "This past year has been phenomenal for our company and our team, and we are looking forward to these exciting new developments to put us at the forefront of the online gaming industry."