KamaGames posts record full-year revenues

Business News

KamaGames, has announced its 2019 end-of-year results, revealing a fourth year of consecutive growth for the company. 

In these latest results, reflecting the 1st January – 31st December 2019 period, KamaGames reports total revenues of $90.4M, a +18.3% growth from 2018 which stood at $76.4M. This notable increase 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 to expand its Slots portfolio and introduce a number of new unique features such as a referral program, subscription service, an all-new casino guide and, social sports betting. We also launched several new Party modes, multi-table tournaments and games, most notably MTT Omaha, MTT Joker Party, MTT 10 to Ace Party, 3D Craps and Video Poker. 

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

KamaGames will soon announce the launch of a partnership with an iconic American brand, allowing access to a highly targeted casino audience in the US region. This is a previously untapped user base for both KamaGames and other leading social casino operators.

A key factor in KamaGames’ enduring success has been our dedication to providing a product yet to be matched in the social casino space. The company intends to continue this in 2020 with the launch of several new monetisation features, regionally popular card games and events aimed at heightening player engagement and retention.

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