| Toronto, Ontario – November 2, 2021 – Royal Wins Corporation (CSE: SKLL) (“Royal Wins” or the “Company”) is pleased to announce our entry in to the United States (the “US”) market, which represents a significant future user and revenue catalyst for the Company. Mobile gaming in the US has become a dominant force in the rapidly growing video gaming market, with puzzle games representing the highest share of the mobile gaming revenues. The Company’s recent acquisition of Winning with Words (“W3”) (see press release dated September 8, 2021), access to leading edge game developers, our partnership with the Skills Integrity Council and our seamless transaction processing, enables Royal Wins to effectively service this market. According to the recent statistics, the US mobile gaming market has a 46.83% user penetration rate which is expected to increase to over 50% by 2025. The current 155.9 million users are expected to account for US$20.45 billion in mobile gaming revenues in 2021, and by 2025 the number of users is projected to hit 181.3 million resulting in $US29.6 billion in revenues. President and CEO Peter Gan commented: “Our entry into the US represents a major milestone for Royal Wins. The US represents a massive target audience receptive to what we offer and mimicking the gamer demographics we are already accustomed to. This offers Royal Wins the opportunity to rapidly increase its userbase and revenue streams. Being a member of the Skill Integrity Council, we will also be able to leverage our working relationship to establish best practice within the mobile gaming industry as the skill-based segment grows. Building trust between the App and its players is at the core of what we do.” |