SOURCE: Gamzio Mobile Inc.

January 27, 2014 09:22 ET

Gamzio Announces New Initiative to Develop Real-Money Casino Games to Tap Into $40 Billion Online Gambling Industry

IRVINE, CA--(Marketwired - Jan 27, 2014) - Gamzio Mobile, Inc. (www.Gamzio.com) (OTCQB: GAMZ), the innovative social casino gaming company, is pleased to announce an expansion into Real-Money Game development. 

Morgan Stanley has estimated that legal US online gambling revenues will reach $670 million in 2014, increasing to $9.3 billion by the year 2020. This would make US online gambling worth more than the combined amount currently produced by Las Vegas and Atlantic City.

Gamzio CEO Jason Deiboldt stated: "It is a natural progression for Gamzio to tap into the estimated $40 Billion worldwide online gambling industry in 2014. We are very excited to introduce Real Money Gaming to current and future players of Gamzio's games."

The company's software engineers are currently developing several Real-Money Casino game offerings, to parlay the success of its 4.5 Star Rated social casino game Slots -O- Luck Adventure HD on the Apple App Store. 

Furthermore, Gamzio is already in deep discussions to partner with two different top tier licensed eGambling companies. These partnerships will make real-money adaptation of its current and future games nearly effortless.

Learn more about Gamzio Mobile Inc. by visiting www.Gamzio.com, and for additional information about the company, please contact Investor Relations by Email: investorinfo@gamzio.com

Gamzio's flagship Social Casino Game Slots-O-Luck Adventure can be downloaded at:
http://gamzio.com/games/

About Gamzio Mobile, Inc.

Gamzio is a developer of social casino games for the Internet and mobile devices. Its mission is to bring a genuine "Vegas" experience to the mobile gaming market through a strategic approach that optimizes real-time data and analytics technology. Gamzio recently released "Slots-O'LuckAdventure HD," which is available for download at its web site http://gamzio.com/games/ or directly in Apple's App Store.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, utilizing new Facebook mobile technology, increasing users for Gamzio's games, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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