Tangelo Games (TSXV:GEL) has provided an update on its mobile development progress.
As quoted in the press release:
Tangelo President, Vicenc Marti, commented:
“Our near-term product goals have been, #1, to transition our game portfolio to Unity in order to ensure our games are accessible by the widest possible audience, and #2, to develop new content for our mobile audience. We know that mobile demand for our existing titles is strong: 10% of the users of our Mundijuegos web portal, for which there is no mobile app, download a special mobile browser in order to play Mundijuegos on their phones. We believe this unprompted demand is a strong endorsement of the potential for a Mundijuegos mobile offering with product content tailored specifically for a mobile experience.
With regards to our Unity conversion, we are nearing completion of our Unity version of Bingo Rider, one of Tangelo Spain’s most popular titles, representing 35% of Tangelo Spain’s revenue. By the end of August, we will have converted the four top performing slot machines to Unity. By the end of 2017, we expect to release a new Mundijuegos Mobile App with the most popular web titles. Collectively, more than 75% of Tangelo Spain’s revenue will be migrated to Unity by the end of 2017.