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Fantasma Games logs 396% increase in net sales in Q2

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Fantasma Games logs 396% increase in net sales in Q2
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In-demand developer has generated significant growth in the second quarter with total gaming revenue up 120% at BSEK 1.4

Fantasma Games, the developer of slots beyond gambling, has posted another set of incredibly strong financials, with gross gaming revenue increasing a massive 314% year on year during the second quarter.

Net sales for the group, which also includes subsidiary studio, Weiner Games, came in at MSEK 7.5, up a significant 396% year on year while gaming revenue hit MSEK 6.3 during the quarter, up 314% year on year. Fantasma accounted for MSEK 5.4 of turnover and Weiner Games MSEK 2.1.

A main driver of growth during the period was the increase in total gaming turnover, which jumped 120% YoY to MSEK 1,439 while gross gaming revenue leapt 269% to MSEK 84. A contributing factor to the higher gross gaming revenue compared to gaming turnover was achieving a margin of 5.9%.

These headline numbers allowed Fantasma Games to deliver EBITDA of MSEK 1.1 compared to a loss of MSEK 1 in the previous quarter and pushed the studio into profitability for the three-month period and also for the first half of the year where EBITDA came in at MSEK 0.6.

It has been a busy quarter for Fantasma Games, which saw founder Fredrik Johansson return to the role of CEO with the backing of the studio’s major shareholders who believe he is the best person to lead from the front and deliver the developer’s ambitious growth plans.

This includes taking on the US market, where it is now live with tier one operator BetMGM with popular slots Bounty Showdown and Wins of Nautilus Megaways now available to players in West Virginia, Michigan and Pennsylvania, with more state launches set for the second half of the year.

The studio has also strengthened its position in core markets such as Canada and Italy, as well as the UK where it has undertaken exclusive launches with tier one operators such as Flutter Entertainment and across its Paddy Power, Sky Bet, PokerStars and Betfair brands.

Fredrik Johansson, CEO of Fantasma Games, said: “What a quarter it has been for Fantasma Games. We have driven growth across all KPIs which is a testament to the popularity and performance of our games in regulated markets around the world.

“This growth has come from continuing to deliver slots that take the experience to the next level, but also through entering new markets and signing exclusivity agreements with power players in our core jurisdictions.

“This is a fantastic start to a year that has great potential, and I and the rest of the team look forward to an equally successful six months ahead.”

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Wazdan Expands its Energy-Efficient Series in Hot Slot: 777 Rubies Extremely Light

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Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, has given the Extremely Light makeover to its popular retro title by introducing Hot Slot: 777 Rubies Extremely Light.

An eco-friendly version of the original title, the revamped version offers smoother gameplay, faster loading times and less drain on the battery life of devices.

Played out on a 5×3 reel grid with a variety of retro fruit symbols, the game blends a classic slot design with dynamic features.

Landing between two to five rubies awards players a mini, minor, major or grand jackpot respectively, giving a win potential of between 20x and 500x the player’s bet.

The Magic Respin feature that made the original a favourite among slot enthusiasts returns. Triggered when one or more scatter symbols land on the board and enables players to wager on a reel to collect further scatters and win a jackpot reward.

Continuing its dedication to providing accessible iGaming experiences, this newest addition to the provider’s innovative series follows in the footsteps of Hot Slot: 777 Coins Extremely Light and Hot Slot: 777 Cash Out Extremely Light.

“Hot Slot: 777 Rubies Extremely Light features all the same thrilling mechanics of the original that made the game a favourite including the 5 Rubies Jackpot and the Magic Respin, all whilst reducing the energy consumed by the gameplay,” the Chief Commercial Officer for Wazdan, Andrzej Hyla, said. “Our Extremely Light series has been received with a tremendous reception from players and operators alike, motivating us to expand and enrich it further with even more releases planned for the duration of the year.”

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Bombay Live Sets the Pace with Latest Release Speed Dragon Tiger

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Two unique side bets enhance popular Asian table game

Live casino brand Bombay Live invites players to experience fast-paced thrills with Speed Dragon Tiger, the latest addition to its luxurious live casino portfolio.

Side bets are central to the action when searching for the biggest wins, with players encouraged to not hang around as the quick-fire rounds and sleek animations add a new dimension to the popular Asian table game.

Gameplay is easy to follow as players determine whether the card drawn will be a dragon or a tiger. Cards are immediately dealt as the camera toggles to top view while the dealer reveals the winning card for added immersion.

As soon as cards are discarded, the dealer jumps straight back into the action in this hyper-fast game show.

The game’s two side bets, Lucky Paws & Lucky Claws and Mystic 5 provide even higher potential pay-outs.

Throughout random rounds, Lucky Paws & Lucky Claws will activate a multiplier on either side or both sides of the table, revealing potential awards of up to 1,000x the bet, while Mystic 5 is totally unique to Bombay Live, offering multipliers of up to 888x with the player predicting the result over the next five rounds.

“We are excited to introduce Speed Dragon Tiger to our content offering, joining the likes of Roulette, Blackjack and Baccarat as one of our premium live casino products,” the Head of Live Studios and RNG Games for Bombay Live, James Corrie, said. “The game’s enhanced visuals, with bespoke animation and multiple 4K quality camera angles, provide Bombay Live’s luxury experience, showcasing our commitment to providing sleek gameplay, optimised to ensure things run as quickly as possible without compromising quality.”

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Nailed It! Games Returns to the Stars in Cosmic Moon

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Nailed It! Games, an independent Krakow-based games studio, is embarking on another intergalactic adventure as it launches a sequel to one of last year’s hits with Cosmic Moon.

Returning to the cosmos, the title blends a futuristic space theme with retro iconography via its classic symbol design. These must form a matched combination across the slot’s 25 paylines to award a win, with diamond wild symbols aiding in creating these wins.

Two bonus rounds provide additional re-playability and excitement. The Link & Win bonus requires at least six cash-awarding moon symbols to be landed on the reels to trigger three re-spins. Here, additional Link & Win symbols must be landed to reset the three spins initially awarded.

These symbols can also be landed with a variety of jackpot prizes attached to them, with players being able to unlock the title’s mega jackpot by filling the entire gameboard with Link & Win icons. Offering increased personalisation and strategy, players can increase the frequency of these symbols with a Win Booster mechanic.

An alternate free spins round can be unlocked by landing at least three scatters. This will award ten free spins with the middle reels transforming into a large 3×3 symbol, boosting win potential. Furthermore, the Link & Win bonus can be awarded during the free spins round.

Cosmic Moon builds upon the success of its predecessor Cosmic Coins, providing more features, mechanics and an ante bet system to increase the overall entertainment experience. It follows other hit releases from Nailed It! Games including Grim Reaper Supermatch, Rainbow Burst and Cat Purry.

“Cosmic Moon has provided us with the opportunity to create a multifaceted release with numerous mechanics working in tandem to deliver players an escalation of excitement,” the co-founder of Nailed It! Games, Pawel Piotrowski, said. “With two bonuses up for grabs and the ability to trigger one whilst already enjoying the excitement of another, we have truly enthused this game with out-of-this-world fun.”

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