Playstudios Q1 revenue and profit grows despite decline in overall customers

Social gaming developer Playstudios posted revenue figures of $74.1m (£52.7m/€61.1m) for the first quarter of 2021 – a 27.1% increase on this time last year – as overall customers declined but paying customers rose.
Although the average number of daily active users (1.3m) and monthly active users (3.7m) of Playstudios products decreased for the quarter – by 21.9% and 18.4% respectively – the average number of daily paying users increased by 9.1% to 36,000.

Playstudios’ operating expenses were $66.5m, representing a 27.4% increase from last year.

Read the full story in iGB North America.

Social gaming developer Playstudios posted revenue figures of $74.1m (£52.7m/€61.1m) for the first quarter of 2021 – a 27.1% increase on this time last year – as overall customers declined but paying customers rose.Playstudios revenue and profits increase

Although the average number of daily active users (1.3m) and monthly active users (3.7m) of Playstudios products decreased for the quarter – by 21.9% and 18.4% respectively – the average number of daily paying users increased by 9.1% to 36,000.

Playstudios’ operating expenses were $66.5m, representing a 27.4% increase from last year.

Read the full story in iGB North America.

Original Article

New Casinos
VulkanVegas Casino: Get 1000€ welcome bonus + 125 Free spins
Pledoo Casino: Get 3000€ welcome bonus + 225 Free spins
Bitstarz Casino: Get 100€ welcome bonus
Greenspin Casino: Get 200€ welcome bonus + 150 Free spins
EasyBet Casino: Get 700€ welcome bonus + 10 Free spins