Israel: Heavy Hitter in Gaming Industry?

Israeli Gaming Industry

The Israeli gaming business is home to more than 5,000 startups who are innovating and changing the country’s $1 billion game industry. These gaming companies focus on mostly mobile gaming. Unbeknowing to most, Israel is a top competitor in gaming startups right after Silicon Valley. The variety of games available include online gambling, kid games and ad-tech.

Israel’s gaming numbers are not shocking to most as the year before it did $800 million in sales. There are currently 8 million residents in Israel which makes sales of this size pretty great for this holy country. Playtika is one of the top gaming companies in Israel. With the gaming industry worldwide being over $75 billion in sales, Israel has great potential to see more of the market share. It is not uncommon for smaller countries to increase its economic growth solely from one industry that is based on technology. This booming industry has created thousands of jobs. Most of the positions are for developers and programmers respectively.

Some of the most noteworthy uses for Israel’s usage of technology is when PrimeSense partnered with Xbox 360 to create its motion-sensing system known as Kinetic. Unlike many countries, Israel made its top priority to capitalize on the growth of apps and mobile games available through the top rated smartphone, iPhone. Most of the games created were for players to gamble online. It was a hard sell as players would not be able to cash in their winnings. In 2011, Caesar Entertainment bought a social casino gaming company that was based in Israel. Israel has seen most of its strength come from social casino and educational games.

Israel has great gaming industry advantages like nine universities and a brilliantly technologically advanced military. There are also many venture capitalists who are willing to fund gaming companies due to the great success that founding gaming companies have had so far. Although Israel’s government does not invest in any tech companies or the entire gaming industry, it does give foreign companies a tax break. This allows for more jobs and economic growth. The gaming industry is a perfect fit for Israel as it has limited natural resources.

Dark Side of Attraction Marketing

Global Test Market

Posted in , ,
kitchen disinfectant safe

Is Your Household Disinfectant Harming Your Health?

By Idaho Falls News | September 29, 2022

The last few years have given new life to disinfecting. And while killing germs that lurk on surfaces is always a good idea, you…

How to Become an Entrepreneur Without Doing All the Work

By editor | September 20, 2022

Entrepreneurship can sometimes seem like an exhausting, draining job. And that’s because it is! There are lots of ways to explore your entrepreneurial options…

Sunil Wadhwani McAllen

From Humble Beginnings to Successful Hotelier: Sunil Wadhwani

By Staff Writer | September 19, 2022

South Texas hotelier Sunil Wadhwani is a success by any definition of the word. He owns eight hotels and has been in business for…

How to Reduce Expensive Mistakes in the Workplace

By editor | September 19, 2022

No one is perfect, and that includes employees. Sometimes, mistakes can be costly for a business. To minimize the amount of money wasted on…

Ralph Sanders

From Darkness to Light: Ralph Sanders is an Inspiration for Troubled Youth

By Staff Writer | September 17, 2022

Sometimes, we have to reach our darkest hour in order to see the light. For Ralph Sanders, this couldn’t be more true. After going…

Dr. Louis Hampers

Emergency Pediatrician Dr. Louis Hampers Exceeds Expectations At Every Turn

By Staff Writer | September 14, 2022

Described as talented, focused, passionate, engaging, and energetic, Dr. Louis Hampers has spent his career working tirelessly as an Emergency Pediatrician. Known for always…

Why You Should Listen to What Your Body is Telling You

By editor | September 14, 2022

Our bodies are incredible, layered, complicated machines. Our nervous system is perfectly constructed to deliver signals to the brain about all of the goings-on…

How to Keep Your Kids Safe in the Car

By editor | September 14, 2022

As a parent, one of the best ways to keep your kids safe is to keep a careful eye on them. However, you can’t…

A Conversation with Yael Eckstein, IFCJ President and CEO, on the Festival of Weeks, Shavuot

A Conversation with Yael Eckstein, IFCJ President and CEO, on the Festival of Weeks, Shavuot

By Staff Writer | September 7, 2022

Yael Eckstein, IFCJ President and CEO, oversees all ministry programs and serves as the international spokesperson for the International Fellowship of Christians and Jews.…