Social casino operator KamaGames has reported a 33% rise in FY18 revenues to $57.5m, on the strength of improved personalization and new products. According market analyst Eilers & Krejcik Gaming it was the third consecutive year of fast growth for Dublin-based KamaGames, which operates social casino games such as Pokerist.
Each quarter showed strong growth for KamaGames in comparison to the same period in 2017. Overall, the social casino market grew 10.4 percent to $1.32 billion in the fourth quarter, and KamaGames ranked 11th in the world in social casino game revenue. Overall growth for the year was 15 percent, which suggests that KamaGames is growing market share.
“KamaGames will build on this impressive growth, which we are proud to report was double the growth of the overall market in 2018, by continuing to grow our social casino portfolio as well as entering new markets with regionally popular card games. We are also looking forward to being able to make a number of key partnership announcements with some well-known global brands through the year. 2019 is going to be another very exciting year for KamaGames”, – explained CEO Andrey Kuznetsov.
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