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Gamers Look to Where the Sun Rises
Gaming, like gambling, is big business in the east. The far east acquisition trend shows no signs of abating and Asian buyers are prepared to stomach valuation multiples considerably higher than western norms. And like many other trends, the future is mobile. Gartner is forecasting that mobile app revenue will grow five times from $15 billion in 2012 to $70 billion in 2016. Games account for about 70 percent of global app revenue. China alone is forecast to account for fully one third of the global mobile and online game revenue within 2 years. So if your game does not support Chinese characters already, now is a good time to start.