KamaGames earned $29.2 million for the 1st quarter of the year

KamaGames presented financial results for the 1st quarter of 2020. It became the most successful quarter in the history of the publisher. The company’s revenue grew by more than a third in annual terms.

In a press release, the publisher lists the following figures:

• In January — March, gross revenue reached a record $29.25 million. This is 37% more than in the same period of 2019;
• the number of unique paying users has also grown record-breaking. The exact figure is not given, but the increase in the indicator in each month of the quarter reached 20-30% in annual terms;
• the coronavirus pandemic had virtually no effect on quarterly revenue. By the end of March, KamaGames had only marginally increased income in countries where quarantine was introduced;
• but in the same countries, the number of new users increased by 30%.

The growth of indicators is explained by a number of innovative mechanics that KamaGames has implemented over the past year. Earlier, the publisher noted the effectiveness of the casino guide, betting and a new program to attract users. The director of the company, David Burke, told us more about them in our material.

It should be noted that the company’s record quarter followed a record year. In 2019, she earned $90.4 million. In general, KamaGames’ revenue has been growing continuously since 2016 (and faster than the market average).

KamaGames is a gaming operator officially operating out of Dublin. Its flagship title is Pokerist: Texas Holdem in the social casino genre. The company has branches in London and the Isle of Man, and the company also works with studios in Moscow and Vladivostok.

Also on the topic

• KamaGames had a record year. The company earned $90.4 millionKamaGames Studio will open a new office.
• It will be placed in St. PetersburgThe audience of KamaGames games has exceeded 100 million people
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