Industry News

KamaGames Reports Full-year 2019 Results

Published

5 years ago

March 2, 2020

Niji Narayan

KamaGames Reports Full-year 2019 Results

Photo Source: blockonomi.com

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KamaGames has reported its revenue for the full-year 2019. The company reported total revenue of $90.4M, 18.3% growth from 2018.

This increase in revenue is ahead of the overall market revenue growth which stood at 8.1% in 2019, according to a recent Eilers & Krejcik report.

KamaGames increased development spend and investment in both new and existing products, leading to a number of key achievements in the previous year.

2019 also provided an opportunity for KamaGames to expand its slots portfolio and introduce a number of new unique features such as a referral programme, subscription service, an all-new casino guide and social sports betting.

In the previous year, the company focused strongly on user acquisition campaigns which proved successful, resulting in a high return on investment. Intelligent and strategic partnerships were also a key element in 2019.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.