Looking for the next big intellectual property 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 will 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 find it and what makes it a good IP for licensing.
Rand Brenner is President / CEO of Licensing Consulting Group, an intellectual property management and licensing company specializing in assisting clients in IP Management, Strategic Consulting, Acquisition of Licensing Rights, and Property Representation. Rand has licensed some of the biggest Hollywood blockbusters, including “Batman” and the “Mighty Morphin Power Rangers”, both of which generated billions of dollars in worldwide merchandise sales. He has lead various international licensing programs as both licensee and licensor, and through consulting projects focused on licensing strategy, brand development, sponsorship sales and property representation.