Gaming company Electronic Arts has reported the earnings for its holiday quarter. The company performed ahead of expectations.
The revenue from EA’s microtransaction bucket– Live Services–reached nearly $1 billion. Another highlight was Star Wars Jedi: Fallen Order, which performed above expectations.
EA made $993 million from live services during the quarter ended December 31. For the 12 months as a whole, EA made $2.835 billion from microtransactions. EA made a total of $1.593 billion in revenue for the quarter and $361 million in profit, so as you can see, microtransactions are very big business for EA. A major part of EA’s microtransaction revenue comes from the Ultimate Team modes for EA’s sports games, including FIFA, Madden, and NHL.
All gaming websites also confirm that players have become more interested in eSports bets and tournaments.
The publisher also said Star Wars Jedi: Fallen Order performed significantly above expectations. EA was modelling sales of 6-8 million copies, but now the company is expecting sales to reach 10 million copies during the current fiscal year ending March 31.
Additionally, EA said Star Wars: Battlefront II performed above expectations as well due in part to the renewed interest in Star Wars overall thanks to The Rise of Skywalker and more.
EA also said Apex Legends saw higher player engagement during Season 3 than in Season 2, and EA will be looking to build on that momentum for the upcoming Season 4.
Also during the earnings call, EA re-confirmed its plans to launch a new Battlefield game on PlayStation 5 and Xbox Series X. The company is planning additional releases as well, EA CEO Andrew Wilson said. “We’ll be ready to lead with some of our top titles,” he said.
Quixant Launches New Cabinet Offering
Quixant has announced the launch of Quantum and Qinetic, its new range of turnkey cabinets, which are tailored to the requirements and legislation of all global gaming markets and the sports betting industry.
The range of cabinets is powered by Quixant’s market-leading gaming hardware platforms and comes with a comprehensive suite of peripherals.
They are highly configurable and are available in a range of display and button deck configurations and can be tailored to meet each customer’s individual product and market requirements, with expert technical support from Quixant’s in-house cabinet design team.
Duncan Faithfull, EVP and CCO at Quixant, said: “We are renowned for providing powerful and reliable gaming hardware platforms and software solutions to the gaming industry, enabling our customers to focus on creating the best games and sports betting experiences on the planet.
“Speaking with our customers and the wider industry over recent months, it has become clear that sourcing and developing hardware solutions can be overly time consuming and costly and takes them away from developing content and enhancing the player experience – the thing that really differentiates their products.
“That’s why we developed Quantum and Qinetic, evolving from our range of market-leading platforms, to provide the industry with the powerful, reliable and game-changing outsourced cabinet solutions it requires.
“Like all of our products, they are developed with a deep, in-house understanding of the requirements and regulations of the gaming and sports betting world and are available via a variety of commercial models.
“With Quixant, you can get your cabinets to market faster and make them stand out from the crowd. We enable you to push what’s possible, adding the wow factor that doesn’t just stop customers in their tracks but keeps them coming back.
“While global component markets and their supply chains continue to be compromised, the team at Quixant is using all of its engineering expertise and supply chain knowledge to ensure we meet our customer’s product requirements.
“Launching our new cabinet range and enhancing Quixant.com and The Quixant Hub show our continued efforts to provide our customers the ultimate customer experience, so they can focus their efforts on developing game-changing content and the ultimate player experience.”
NOVOMATIC Appoints Thomas Schmalzer as New Vice President of Global Sales
NOVOMATIC AG has appointed its VP of Product Management Thomas Schmalzer as new Vice President of Global Sales.
Schmalzer, who will hold both titles concurrently, assumes the role previously held by Jakob Rothwangl.
Rothwangl started the strategic realignment of the global sales division in February 2021, transforming the organisation and business model.
“I would like to thank my team at Global Sales and all colleagues at HQ as well as internationally, who have supported me in this endeavour for their excellent team work,” Rothwangl said.
“I am happy to devote myself to the expanded area of responsibility with full commitment and will take on the development of product management as well as the expansion of the sales area with equal dedication and the best benefit for our customers worldwide. I am particularly looking forward to returning to the great team of the Global Sales Division in order to jointly shape the future of NOVOMATIC and its valued customers,” Thomas Schmalzer said.
Betsoft’s Second Take the Prize “Bigger, Better, More” Network Promo Goes Live
Betsoft’s “Bigger, Better, More” Promo is live. Running 24 hours a day 10 am-10 am CEST 29th September till Thursday 9th October inclusive, players are invited to grab the chance to win a share of €70,000.00 cash.
Following on from the successful launch promotion in June this year, Betsoft is continuing its drive to ensure players and operators enjoy an elite experience. An increased prize pool as well as an extensive choice of slots will appeal to a wider range of player bases. Prize winning spins can be triggered at any point in any game without interrupting play to add further to the thrill of playing to win.
Players can choose one of 40+ slots from Betsoft’s award-winning portfolio, including latest releases Gemini Joker, Wilds of Fortune and Captain’s Quest, Treasure Island and old favourites Take the Bank, Lava Gold and Jungle Stripes. The increased variety across theme and volatility levels also benefits operators through encouraging new player sign up and increased return visits.
Renata Banyar, CMO of Betsoft Gaming, said: “Betsoft is renowned for the consistent quality of its player experience offer. Take the Prize promos add to this experience and reinforce our commitment to our players. We were delighted with the immensely positive feedback from our launch promotion. From the increased number of cash prizes to the wider choice in games, we have ensured that our second is truly ‘Bigger, Better, More’ We wish the best of luck to everyone playing.”
Offering a daily prize-pool of €7000 across 100 cash prize with a total prize-pool during the promotion of €70,000 across 1000 cash prizes, players can certainly enjoy bigger, better and more with Betsoft.
Subscribe to our News via Email
Brenda and John Romero to be presented with ‘Lifetime Achievement Award’ at GamerFest for their outstanding contribution to the gaming industry
Cricket NSW, Wanderers and Macarthur FC continue to help fans to reclaim the game
Genius Sports launches In-Play MultiBet for the next generation of same game parlay bets
OddsMatrix breaks EUR 1 billion turnover record for the year
Play’n GO expands presence in Italy with Lottomatica
SPOTLIGHT SPORTS GROUP LAUNCHES NEW RACING POST APP
NuxGame teams with customer-led CRM marketing solution Optimove
R. Franco Digital ventures to the ocean depths with Treasure Keeper
LeoVegas partners with Premier League Champions Manchester City
ICE Casino Games, Bonuses, and Promotions
What Will Be the Next for Crypto Gaming? SOFTSWISS H1 Overview
Cloudbet to Give Away Thousands of Loyalty Points to Celebrate NFL’s return
New payment solution for crypto players from RocketPlay
Moja Group appoints Paris Anatolitis as new CEO
Scientific Games Signs New Contract with Latvian National Lottery
What Are the Best European Mobile Betting Apps?
Africa7 days ago
Betika Partners with Fast Track for Automated Player Engagement
Asia6 days ago
Japneet Singh Sethi, Country Manager, Khelraja wins the prestigious Rising Star Award at the 2nd Edition of The Business Leadership Awards
Cryptocurrency7 days ago
Cryptocurrencies in Casinos – the Promises & Pitfalls
Interviews7 days ago
Q&A with Jennifer Riley, Customer Services Director at 2mee
Gaming7 days ago
Just Eat Takeaway.com becomes National Partner for League of Legends World Championships in three countries
Compliance Updates6 days ago
1Click Games receives the prestigious ISO 27001 Information Security Certificate
Balkans7 days ago
EGT Digital Enters into Partnership with 7777
Africa7 days ago
Flutter-owned Sisal Awarded Tunisian Gaming Contract