KamaGames, a leading game developer and publisher of gaming content, announced its last year’s profits of 38.4%. As per the news reports, the gaming giant has reportedly been delivering consistent growth for the past six years. These figures reveal that the gaming content developer’s growth has climbed 1.5 times over the social gaming market-growth, which currently is 24.4%. Simultaneously, the mobile gaming arena witnessed an increase of 18%. Back in 2019, profits rose to $90.4 million which resulted from a steady rise every month.
KamaGames made the announcement public through its social media handle on its Twitter account yesterday. It stated that it had achieved consistent growth for the past six years. The news report suggests that during its ten-year-long journey of the gaming platform, it has supported scores of players that crossed the 150-million-mark last year.
The gaming operators took to the blog to reveal the highlights of the company’s achievements. KamaGames has recently introduced new gaming tournaments, which have catapulted into a massive success. VIP incentives were rolled out, attracting many gamers to opt for it. KamaGames also stated that its innovative gaming events, the introduction of the rating system, attractive offers, and new slot and poker machines played a crucial role in surging profits. It also targeted advertising segments to generate more revenue.
The news reports mention that the developer’s widely popular game Pokerist ranked 3rd globally and ranked 1st among 12 countries. In Spain, Pokerist drew the highest revenue through the iOS platform. Blackjackist game of the gaming content developer attracted gamers from multiple GEOs resulting in a 40% hike in profits. The game is ruling on the number-one position across the world in the social blackjack gaming arena. KamaGames’ most popular brand Roulettist is the most popular game to date, which witnessed a surge in profit by 70%.
According to the blog, the leading gaming publisher forged many strategic partnerships with several giants, and this move has opened new avenues to generate profit. It particularly mentioned its strategic collaboration with Hard Rock Band that helped the release of the game, Hard Rock Blackjack app. It also attributes its success to aggressive advertising, which roped-in several famous Ultimate Fighting Championship (UFC) players.
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Source: KamaGames Reports 38.4% Revenue Jump, Consecutive Rise
Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors degree in Journalism and Media, Luke is dedicating his writing skills for the digital currency sphere.He can be contacted at [email protected]