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FlowPlay Q1-2015 Reports

Wednesday May 13,2015 : SOCIAL GAMES DEVELOPER REPORTS MAJOR FIRST QUARTER GROWTH
 
FlowPlay revenues up an impressive 240 percent in Q1-2015.
 
FlowPlay, a virtual games and technology developer that has diversified into social casino action, has announced year-on-year revenue growth of more than 240 percent in Q1-2015, highlighting an unprecedented year in terms of employee, product and customer growth.
 
The casual games developer reached its first million dollar revenue month during in 2014 and has continued to surpass revenue levels since, management reports.
 
A major driver in this success has been a strategic focus on the social casino market, where FlowPlay claims the industry’s highest monetisation rates on desktop, supported by independent researcher SuperData Research.
 
The company’s core product suite includes two consumer-facing games, Vegas World and ourWorld, as well as a white-label social casino platform available in both out-of-the-box solution and back-end development product form.
 
The company's client partners include Atari, Traffic Generation and Joju Games, who have tapped into a platform that has monetised at over US$3/MAU (monthly active user). With average revenue per daily active user (ARPDAU) of 47 cents,
 
FlowPlay social casinos more than double the industry average of 23 cents, according to SuperData Research.
 
As part of the company’s corporate strategy, FlowPlay has recently engaged investment banking firm, Innovation Capital as financial advisor to run a strategic alternatives process by conducting a thorough review of FlowPlay’s business and assets while contacting third-party entities about potential deals.
 
Stephanie Llamas, a senior analyst at SuperData recently opined: “FlowPlay’s multiplayer approach is a clear differentiator. Combined with partnerships to bring brands like Atari into the social casino sector and help build hybrid casual casino games, the company is at the forefront of several early trends that could be game changers for the industry in the coming year.”
 
Vegas World, the first social casino MMORPG developed by FlowPlay, was recently launched. The company was founded in 2006 and primarily funded by Intel Capital and the creators of Skype.



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Box 24 Launches 3 New Slots - This week sees the addition of 3 New Games at Box24 Casino. Check them out they all seem pretty interesting.

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

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