iGB Affiliate 43 Feb/March 2014 | Page 52

INSIGHT Winner Takes All The time is right to diversify and monetise through real money skill gaming, writes Jim Dee, Executive Director, Partnerships and Acquisition, at GSN Games. Everyone loves to win. Whether it’s on the sports field or in the boardroom, no one wants to go home without the prize, and more importantly, the satisfying feeling that comes with the win. Players of real money skill games deeply share this sentiment. Real money skill gaming is a growing category of online games in which players pay an entry fee to participate in a casual game tournament, and can win cash prizes based on the outcome of the competition. Popular skill games include classics like Solitaire, Hearts and Spades, universally successful titles such as Bejeweled® 2 or Plants vs. Zombies™, and online adaptations of internationally popular TV game shows suc h as Wheel of Fortune®, The Price Is Right™ and Deal or No Deal™. Players pay a tournament registration fee, starting at 88 cents, to enter a tournament. The most skilled player wins the prize, minus a tournament management fee collected by the operator hosting the games. In order to comply with regulations permitting online game tournaments for cash and prizes in the US, operators must ensure the outcome of the contest is predominantly determined by the participant’s skill, and not chance. This goal is achieved through a combination of proprietary technologies, patented techniques, and in-house experience ‘skillifying’ games. In some cases, the ‘skillification’ process involves changing the rules of the game in order to eliminate elements of luck without changing the essence of what makes the game fun and alluring. Therefore, it’s important to emphasise that real money skill games are not considered ‘gambling’. Boasting a favourable regulatory landscape, this gaming category is considered legal in most US states and European countries. Real money skill games present numerous benefits to players, no matter the size of their appetite for winning. 52 iGB Affiliate FEBRUARY/MARCH 2014 GSN Games, for instance, pays out $500,000 in daily prizes through skill game tournaments. Once a player chooses their game of choice, they can select from a wide range of tournament types, from two-player challenges to competitions involving dozens of players. Tournament fees range from less than $1 to $50, and prize amounts vary from tournament to tournament. These choices provide a personalised experience that both challenges and rewards players. The popularity and stickiness of skill games presents a huge opportunity for affiliates to profit. While the market has existed for more than a decade, many affiliates aren’t aware of the growing traffic and earning potential. The benefits to your business Now that you have a better understanding of what real money skill games are, we can dive into the opportunities that this category presents for your business. Skill games offer three main benefits for affiliates: ●● established, yet globally growing an player base. ●● desirable target audience similar a to iGaming. ●● and a means to diversify your online business strategy. On a macro level, the leading entertainment platforms are shifting. According to a 2013 report from the research-based consulting firm, Frank N Magid Associates, Inc, laptops and PCs are trending upward as the growing, primary entertainment medium, while television is trending downward. 70 percent of Magid survey respondents said that they would “not be able to live without a laptop or PC”, further demonstrating the growing influence of online entertainment. Moreover, 70 percent of all Americans play some sort of online or electronic game, with the largest growth occurring among the 35 to 64 year-old population, which increased 30 percent over the past two years. The percentage of gamers increased across all age groups, and for the first time ever, the majority of all demographic groups play digital games. The rising number of mobile devices and mobile gamers also translates into a burgeoning mobile real money skill games market. Cash tournaments on mobile devices have started to appear in the market, both through app stores and mobile optimised websites. There are a limited number of real money skill gaming online operators, which is likely due to the expertise and access to top branded titles needed for success in the sector. The open, uncrowded market makes now a great time to get involved as an affiliate or media partner. Real money skill gamers are a desirable audience to have within your portfolio for their demographic and psychographic profiles. Skill gamers are predominantly women, 35 years of age and older, sharing many similarities with recreational casino, bingo and poker demographics. Players use cash games as an escape from their daily lives, and for many players, the end goal is to feel a sense of accomplishment and success, and not necessarily a financial gain. GSN Games applies this insight by maintaining a low barrier to entry, such as offering low cost tournaments and celebrating each win with on-screen fanfare. These players enjoy challenging, active entertainment, rather than forms of passive, monotonous entertainment. In comparison with some iGaming segments, real money skill gamers are social and build strong player communities. Often, message boards and forums enable experienced players to share tips and tricks, or even to post videos of them winning a game. These players also enjoy connecting through social media networks for more personal interactions. While some aspects of the community are often overseen