Malta-based gaming content developer Gaming Corps has released it third quarter financial performance results for 2022 reporting a marked increase of 345 percent in revenues and 105 per cent increase YOY.
The significant increase in revenues was driven by a rise in player numbers from January this year up by 573 per cent and an increase in bets during 2022 up by 250 per cent.
The Company’s growing portfolio of around 20 branded games have been launched to premium operators that include LeoVegas, Betano and Superbet. The company has around 25 new games in production and waiting in the pipeline to be launched. Penalty Champion, a popular sports game, will be launched this month prior to the World Cup.
CEO of Gaming Corps, Juha Kauppinen said that the quarter three report reflects the company’s expectations and that he is looking forward to “adding more markets, games and customers.”
In a letter to shareholders Mr Kauppinen thanked the directors, shareholders and 41 members of staff. He added “we have taken another step in the right direction with innovation and trust in the players who appreciate a good gaming experience for their efforts, and the investment that we at Gaming Corps have chosen is absolutely right as a game developer in the sector”. Mr Kauppinen said that the company will be expanding into new markets and is “intensive discussions around launching on the North American market.”
Gaming Corps was founded in 2014. It is an established gaming developer of NextGen content primarily for the iGaming sector with a focus on niche video and premium casino games. It is listed on Nasdaq First North Growth Market and based in Sweden and Malta.
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