Hello Friends & Followers,
We wanted to reach out to our readers one more time before tomorrow to make sure they get this opportunity to follow CMKI and its potential bounce play opportunities tomorrow.
If you missed out on our earlier report, scroll down and get caught up below:
CMKI (CMK Gaming International, Inc.) – Current PPS - $.0295
CMKI has started the ball rolling on something that amazes us that it hasn’t already been done yet.
CMKI has put themselves in the driver’s seat of what could potentially be a home run, in terms of success.
CMKI is a fast growing gaming company that seeks to expand the audience of the high excitement of the Japanese game pachinko by bringing it to the United States.
CMKI owns and operates 3 pachinko parlors in Japan.
One would presume that it’s obvious that they’ve studied and researched that bringing this style of entertainment & gaming could be beneficial to masses of public outlets and any and all that get involved in some capacity.
With recent news (we will get to that) of the upcoming launch of its first U.S. pachinko parlor in Salt lake City, Utah, as well as its first digital game for smart phones and tablets, interest-surrounding CMKI is on the rise!
Pachinko has already proven wildly successful in Japan and its enormous popularity could grow even larger here in the U.S.
The company's three parlors currently operating in Japan are already generating over $5M in annual revenues, and its expansion into the U.S. could dramatically increase revenues, helping to drive rapid and significant growth moving forward.
This slot machine style pinball derivative could very well become the next big gaming sensation and CMKI could capitalize enormously off its growing success.
If you’re unfamiliar with pachinko and how enormously popular it is in Asia, check out this Bloomberg Businessweek / Global Economics article:
http://www.businessweek.com/stories/2008-07-29/new-image-for-japans-pachinko-parlorsbusinessweek-business-news-stock-market-and-financial-advice
Now for their recent news and developments, you can read it here or click the link:
CMKI Ready to Move Into New China Town Development in Salt Lake City
SALT LAKE CITY, Sept. 2, 2014 (GLOBE NEWSWIRE) -- CMK Gaming International, Inc. (OTC PINK:CMKI) announced that it will partner with China Investment, Inc., the owner/developer of the New China Town real estate development and open its new pachinko parlor in Salt Lake City.
This year, the Company plans to open the first pachinko parlor in the U.S. The initial phase of the Development has already opened on State Street in Salt Lake City. The Development contains restaurants and a variety of Asian inspired stores. Phase two of the project was completed last month with a ribbon-cutting ceremony for the Asian supermarket. The third and final phase has been approved to include other retail businesses on the Main Street side of the Development.
The Company's new CEO, Peter Dalton, believes the Development will be a model for other cities seeking to develop or enhance a local China Town as an entertainment venue. "This is a very exciting entertainment spot. Our pachinko parlor will work to enhance the development and bring in those who seek new nightlife entertainment," said Dalton.
Source: http://finance.yahoo.com/news/cmki-ready-move-china-town-110000752.html
BUSINESS SUMMARY
(CMKI – CMK Gaming International, Inc / PPS - $.0295)
http://www.cmkgaming.com
CMK Gaming International Inc is a gaming company that owns and operates three Pachinko Parlors in Japan. Pachinko is a leisure activity game, which is played on a machine that resembles a vertical pinball machine. The gaming centers offer customers the opportunity to play arcade style games for prizes.
CMKI is a fast growing gaming company that is expanding the audience of the Japanese game pachinko by developing new parlors in major cities across the United States.
CMK Gaming currently owns and operates 3 pachinko parlors in Japan that generate a gross revenue of over $5,000,000 annually. CMK Gaming plans to build upon its success by owning and operating the first pachinko parlors in the United States. Their plan is to begin by placing America’s first pachinko parlor in Salt Lake City, Utah then expanding its base operations into 10 new pachinko parlors in other major cities throughout the United States. CMK Gaming’s first U.S. pachinko parlor is currently in development.
Following Japan’s expansion of its gaming laws, CMK Gaming plans to dramatically expand the number of parlors that they own and operate in Japan to meet that countries’ ever increasing demand for pachinko.
MARKET OUTLOOK
Lawmakers in Japan are set to vote on a proposition to legalize gambling in the country, following in the footsteps of Singapore and now the Philippines.
Japan appears set to green light casino gambling as early as the second quarter of 2014, according to the analysts. The Japanese people already enjoy gambling in the form of pachinko, horse-racing and soccer betting.
“We expect a RFP process could start as early as late 2014, but we believe the partnerships are already close to being formed,” Daswani said.
In a report dated August 20, Daswani believes that Japan could generate gross gaming revenues of $13.4 billion to $15.0 billion, ranking the market as the second largest in Asia, after Macau.
Read more: http://www.benzinga.com/news/14/01/4195591/citi-unveils-2014-global-gaming-outlook#ixzz3ClsCwRsF
It’s no exaggeration to say that Utah’s economy is running circles around the rest of the nation. If the national economy is patient enduring a long, slow convalescence, Utah has jumped out of its sickbed, performed some refreshing calisthenics and headed back to work.
“Utah’s economy is growing more rapidly and in a more sustainable manner than virtually every other economy in the country. We’re actually the third-fastest growing state in the Union right now, but we’re by far the most diversified of those. …We’re the fourth-most diverse economy, which means our growth and our potential growth is by far the most sustainable in the country,” says Randy Shumway, CEO of the Cicero Group and economic consultant to Zions Bank.
INVESTOR HIGHLIGHTS
CMKI already operates 3 successful pachinko parlors in Japan where it derives the bulk of its gross profits.
CMKI has a pretty strong run in trading over the last 12 months. The play has a hit a high of $.94 while the corresponding low has been $.0027.
CMKI’s announcement of the launch of a pachinko parlor in Salt Lake City, Utah is good news for the company’s growth potential. Management has stated that it believes that gross profits will increase after the first year of operations on US soil.
CMKI’s share volume today is another indication that there could be something special about this alert tomorrow.
Pachinko has already proven wildly successful in Japan and its enormous popularity could grow even larger here in the U.S. thanks to CMKI.
Don’t forget to do your own due diligence in addition to ours and see for yourself what makes CMKI so potentially appealing.
