MIAMI, July 27, 2017 (GLOBE NEWSWIRE) -- Brick and mortar retailers and distributors have been left out of social gamings multi billion dollar industry. Players buy virtual coins on Facebook, Apple's app store, Google play and Amazon platforms to play their favorite games like slots, trivia, poker, arcade games etc. ZitoBox will be offering a way for retailers to get their share in this industry by offering them the same great social gaming experience in store to their customers. By offering Zitobox's Social Gaming platform, retailers will keep their customers in store for longer and earn revenue on each virtual coin sale.
ZitoBox will be offering gaming equipment distributors the opportunity to distribute its social gaming platform to bars, restaurants and mom & pop stores across the country. JMW has developed a distribution channel where by virtual coins are purchased by distributors and resold to retailers. Retailers then resell these coins to their customers in store.
ZitoBox will be the first social gaming solution to offer an earning opportunity for mom & pop stores, restaurants and bars.
The social casino industry is worth at least $1.4 Billion in yearly revenue for Facebook, Yahoo, Google, Apple and Amazon. They provide a platform for gaming developers and access to their users.
Developers then connect to these platforms via an app and then compete for these users by spending millions on platform ad expenses.
The social gaming platforms sit back and watch the developers fight it out. Social platforms sell ads to their developers and also take 30 cents on every dollar in virtual currency sold to players. For new gaming developers with a limited ads budget, it's almost impossible to break through to the other side and become profitable.
What makes ZitoBox unique is its loyalty reward program. The more players play, the more loyalty points they earn. Loyalty points called Zito Points can be used to redeem Gift Cards from national retailers instantly.
Other social gaming sites like MGM's MyVegas and Platika's Caesar's Casino offer similar reward programs to their players. ZitoBox believes that their program offers a higher reward yield to their players and a better players experience than the competition.