File Quarter 1 for Fantasma

By Simon Wright Could 13, 2022

The Stockholm centered on line casino sport studio Fantasma Video games who fashion by themselves as the developer of slots past gambling, has documented file financials in the to start with quarter of the 12 months with web profits hitting SEK4.8m symbolizing a major 349% boost yr on 12 months.

Other monetary highlights consist of a 279% 12 months on calendar year increase in gaming earnings which arrived in at SEK4.1m while total gaming revenue improved 61% to SEK2.8m with gaming revenue up 81% to SEK38m thanks to a 3.6% margin achieved for the duration of the a few-thirty day period time period from January to March 2022.

Fantasma Video games began the year with its finest-at any time thirty day period in conditions of gaming profits and that has been followed by two additional potent months.

A essential element powering 1Q22 development was the start of Medallion Megaways in February through Rest Gaming’s Silver Bullet platform with the recreation surpassing all pre-start anticipations. Integrations with tier one operators these as Entain, Gamesys and Veikkaus also contributed.

The acquisition of Weiner Online games again in September final year compensated dividends throughout the quarter, with the studio contributing SEK1.9m in net revenue.

Other highlights in the course of Q1 include getting to sign the modern streaming system Livespins, in addition launching a portfolio for social gaming with a single of the fastest-increasing gamers in the marketplace.

Fantasma appears to be like set to continue its report-breaking start out to the year following its the latest start in the US sector where by its online games have absent reside completely with BetMGM in West Virginia and Michigan with additional state and operator launches set to stick to.

Fredrik Johansson, Founder of Fantasma Games, mentioned: “This has started off off fantastic for Fantasma Games attaining internet sales of SEK4.8m through the three months.”

“This is a testomony to the difficult work and determination that the Fantasma group places in day in and working day out in order to achieve our aim of making slots past gambling and providing thrilling, interesting and really entertaining activities to gamers.”

“It has also been a sizeable quarter in conditions of new operator partnerships, chart-topping video game launches and entering new marketplaces. We have presently manufactured a excellent start out to Q2, with a new all-time superior with the double Gross Sport Income in April, and I for 1 seem forward to trying to keep pushing forward now that we have incredible momentum powering us.”

Simon Wright has been equally a participant and an observer of the on the net casino industry for above 15 a long time. His expertise of the on the web casino industry – to include things like sporting activities is significant. Not lots of individuals have the experience or his expertise about on the web gambling. His adoration of soccer is also observed. He has painted his property blue (Chelsea) and annoys his neighbors with local soccer tunes on game days.