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Record Growth For BigFish
Wednesday January 29,2014 : BIG FISH REPORT RECORD GROWTH
For the eleventh consecutive year
Casual games producer Big Fish has reported its 11th year of record growth raking in $266 million in gross revenue which was driven largely by its mobile free-to-play games such as Big Fish Casino.
"We exited 2013 by successfully transitioning our company into a mobile free-to-play games company, exiting the year with a run rate that accounted for more than half of Big Fish's overall gross revenue," said Paul Thelen, Big Fish Founder and chief executive officer.
In 2013 Big Fish scaled several hit games that ranked #1 in their respective genres measured by gross revenue. Apple named "Big Fish Casino" as a top-ten grossing app for 2013, and the only casino game to appear on Apple's 2013 top-grossing list for both iPhone and iPad.
"Big Fish Casino" has had more than 17 million friend connections made. This strong social engagement helped grow "Big Fish Casino's" gross revenue by 250 percent from 2012 to 2013, and the game's installs grew by a factor of at least five in all key markets, including the United States, said Thelen.
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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