KamaGames revenue for 2020 increased by almost 40%

Developer and publisher KamaGames has reported financial results for 2020. The company’s revenue grew by almost 40%, and in terms of profit, last year was a record at all.

According to GamesBeat, KamaGames’ revenues grew by 38% year-on-year in 2020. This is 1.5 times higher than the average growth rates for the social casino market and twice as high as the average for mobile games in general.

According to Andrey Kuznetsov, CEO of KamaGames, 2020 was a record year for the company in terms of profit (while the company does not disclose exact figures). “Now our goal is to continue developing and improving our products and portfolio,” he said.

KamaGames calls regular updates and the addition of new content to existing games the main drivers of growth. Among them are poker and blackjack tournaments, in—game events and revenue from VIP players.

Data on key gamesPokerist remained the third highest-grossing game in the world in the social poker category, becoming the leader in 12 countries.

• Blackjackist‘s revenue grew by 40% year-on-year, more than half of which was in the United States. According to the company, the game has become a world leader in the social blackjack category.
• Durak, released in August 2020, generated 1.5 million downloads in the first two months. The retention of the first day exceeded 45%.
• Roulettist‘s revenue grew by 70% year-on-year.