Record Quarter 1 for Fantasma
Record Quarter one for Fantasma
By Simon Wright May possibly 13, 2022
The Stockholm based mostly casino game studio Fantasma Games who fashion themselves as the developer of slots past gambling, has reported record financials in the very first quarter of the 12 months with net sales hitting SEK4.8m representing a important 349% improve 12 months on 12 months.
Other monetary highlights consist of a 279% 12 months on 12 months improve in gaming income which came in at SEK4.1m although complete gaming revenue increased 61% to SEK2.8m with gaming revenue up 81% to SEK38m thanks to a three.six% margin attained in the course of the three-month time period from January to March 2022.
Fantasma Video games commenced the 12 months with its ideal-ever month in terms of gaming revenue and that has been followed by two a lot more strong months.
A essential factor behind 1Q22 development was the launch of Medallion Megaways in February by means of Relax Gaming’s Silver Bullet platform with the game surpassing all pre-launch expectations. Integrations with tier one particular operators such as Entain, Gamesys and Veikkaus also contributed.
The acquisition of Weiner Video games back in September final 12 months paid dividends for the duration of the quarter, with the studio contributing SEK1.9m in net product sales.
Other highlights throughout Q1 include turning into to indicator the innovative streaming platform Livespins, plus launching a portfolio for social gaming with one particular of the fastest-expanding gamers in the market place.
Fantasma appears set to proceed its record-breaking start to the 12 months following its current launch in the US market place the place its games have gone dwell solely with BetMGM in West Virginia and Michigan with extra state and operator launches set to follow.
Fredrik Johansson, Founder of Fantasma Games, said: “This has began off fantastic for Fantasma Video games reaching net product sales of SEK4.8m for the duration of the three months.”
“This is a testament to the hard operate and dedication that the Fantasma staff puts in day in and day out in buy to attain our purpose of producing slots beyond gambling and delivering thrilling, thrilling and highly entertaining experiences to gamers.”
“It has also been a important quarter in terms of new operator partnerships, chart-topping game launches and coming into new markets. We have presently created a fantastic commence to Q2, with a new all-time large with the double Gross Game Income in April, and I for one search forward to trying to keep pushing ahead now that we have great momentum behind us.”