Looking for the next big licensing opportunity? It just might be in the town of fast money, where there is a new opportunity that’s ready to explode. Intellectual Property. Online gaming is creating a new market. Nevada was the first state in the nation to legalize Internet gambling, and expects to keep up a leading edge in the field.
The online gaming market represents one of the fastest growing segments of the gambling industry. According to H2 Gambling Capital, the size of the global online gaming market at about US$21 billion, hitting US$30 billion by 2012. But that’s just a drop in the ocean. Some of the biggest potential markets—such as the U.S., China, Japan, and South Korea—may soon open up as many governments become more receptive to Internet-based gaming.
This is attracting techy entrepreneurs to down town Las Vegas to pursue ideas, invent technologies and start businesses. Online gaming is expected to expand the industry even further as new companies enter the field and develop new brands. And some of these brands could become big licensing opportunities as these online gaming companies look to expand their brand presence.
Free Special Report: 4 Secrets to Finding Good IP
Acquiring intellectual property is a great strategy to expand your business. The most challenging part of finding good IP is the time to find and properly research the IP. Finding a good IP that give you a competitive advantage for a relatively low-cost makes it worth the effort. Inside this special report, you’ll learn the secrets of where to find it, how to identify it and what makes it a good IP for licensing.
Rand Brenner is an IP professional whose passion is helping inventors, startups, and businesses of all sizes use licensing to turn their IP into income-producing products, services, and technologies. His decades of experience run the gamut from medical devices to food technology to consumer products. He’s licensed some of the biggest Hollywood entertainment blockbusters including the Batman Movies (1 and 2), and the number one kid’s action TV show, the Mighty Morphin Power Rangers. Rand speaks about licensing and is a featured speaker at investment conferences, trade shows, colleges and startup events. He’s a published writer with articles appearing in several prestigious trade magazine including The Licensing Journal, Intellectual Property Magazine, and License India. Rand also mentors at the Cal State Fullerton School of Business and Economics and is a judge for their startup business plan competitions.