Connect with us

Latest News

Fantasma Games logs 396% increase in net sales in Q2

Published

3 years ago

on

Reading Time: 2 minutes

 

In-demand developer has generated significant growth in the second quarter with total gaming revenue up 120% at BSEK 1.4

Fantasma Games, the developer of slots beyond gambling, has posted another set of incredibly strong financials, with gross gaming revenue increasing a massive 314% year on year during the second quarter.

Net sales for the group, which also includes subsidiary studio, Weiner Games, came in at MSEK 7.5, up a significant 396% year on year while gaming revenue hit MSEK 6.3 during the quarter, up 314% year on year. Fantasma accounted for MSEK 5.4 of turnover and Weiner Games MSEK 2.1.

A main driver of growth during the period was the increase in total gaming turnover, which jumped 120% YoY to MSEK 1,439 while gross gaming revenue leapt 269% to MSEK 84. A contributing factor to the higher gross gaming revenue compared to gaming turnover was achieving a margin of 5.9%.

These headline numbers allowed Fantasma Games to deliver EBITDA of MSEK 1.1 compared to a loss of MSEK 1 in the previous quarter and pushed the studio into profitability for the three-month period and also for the first half of the year where EBITDA came in at MSEK 0.6.

It has been a busy quarter for Fantasma Games, which saw founder Fredrik Johansson return to the role of CEO with the backing of the studio’s major shareholders who believe he is the best person to lead from the front and deliver the developer’s ambitious growth plans.

This includes taking on the US market, where it is now live with tier one operator BetMGM with popular slots Bounty Showdown and Wins of Nautilus Megaways now available to players in West Virginia, Michigan and Pennsylvania, with more state launches set for the second half of the year.

The studio has also strengthened its position in core markets such as Canada and Italy, as well as the UK where it has undertaken exclusive launches with tier one operators such as Flutter Entertainment and across its Paddy Power, Sky Bet, PokerStars and Betfair brands.

Fredrik Johansson, CEO of Fantasma Games, said: “What a quarter it has been for Fantasma Games. We have driven growth across all KPIs which is a testament to the popularity and performance of our games in regulated markets around the world.

“This growth has come from continuing to deliver slots that take the experience to the next level, but also through entering new markets and signing exclusivity agreements with power players in our core jurisdictions.

“This is a fantastic start to a year that has great potential, and I and the rest of the team look forward to an equally successful six months ahead.”

Related Topics:
Continue Reading
Advertisement

Latest News

iGP expands iGaming Deck portfolio with BGaming integration

Published

7 hours ago

on

July 30, 2025

By

igp-expands-igaming-deck-portfolio-with-bgaming-integration
Reading Time: < 1 minute

 

iGP, the full-service iGaming platform and aggregator provider, has added BGaming to its expanding content aggregator, iGaming Deck, in a move that further supports its commitment to scalable, player-focused content delivery.

The partnership brings BGaming’s creative portfolio of over 200 games to iGaming Deck’s rapidly growing content suite, which now offers operators access to more than 10,000 titles from 100+ providers via a single API integration.

Known for its engaging game mechanics, crypto-friendly features, and bold design style, BGaming’s catalogue includes slots, crash, casual games, and more, enhancing the depth and diversity of iGaming Deck’s already comprehensive offering.

The partnership reflects iGP’s continued investment in delivering value to operators through smart aggregation, as it scales iGaming Deck with quality content and tools that support sustainable growth across markets, such as iGP’s fortune wheel builder, Twist of Luck, and jackpot offering designed to help operators drive deeper player interaction and elevate campaigns.

Jovana Popovic Canaki, CEO at iGP, said: “We are building iGaming Deck to be the most efficient and impactful aggregator solution in the market, and BGaming is a fantastic fit for that vision. Their crypto expertise, proven performance, and distinctive game style align perfectly with the demands of forward-thinking operators.”

Olga Levshina, Chief Commercial Officer at BGaming, said: “Joining the iGaming Deck platform is a great opportunity for BGaming to expand our reach and bring our games to a wider network of operators. iGP’s integration model is fast and reliable, and we’re confident this partnership will deliver strong results for both teams.”

The post iGP expands iGaming Deck portfolio with BGaming integration appeared first on European Gaming Industry News.

Continue Reading

Johnny Ortiz

ZITRO’S CONCEPT CABINET MAKES #1 DEBUT IN US EILERS-FANTINI REPORT

Published

8 hours ago

on

July 30, 2025

By

zitro’s-concept-cabinet-makes-#1-debut-in-us-eilers-fantini-report

Zitro continues to raise the bar in slot performance, with its CONCEPT cabinet debuting as the #1-ranking cabinet among US emerging suppliers in the July 2025 Eilers-Fantini Cabinet Performance Report.

This milestone underscores Zitro’s growing presence in the North American market and reflects strong operator demand for innovative form factors paired with high-performing content.

Further building on this momentum, Zitro’s latest title, Legendary Sword, has joined the Top Indexing NEW Games – Core, Video ranking, highlighting the company’s strength in delivering compelling game experiences that resonate with players.

“Our consistent focus on innovation and quality is what drives Zitro forward,” said Johnny Ortiz, Founder of Zitro. “This is a proud moment for us and every team member behind the CONCEPT cabinet. We’ve always believed our products could stand alongside the industry’s best — and seeing CONCEPT debut at #1 confirms that operators and players believe it too. And this is just the beginning of what we have in store for the market.”

The post ZITRO’S CONCEPT CABINET MAKES #1 DEBUT IN US EILERS-FANTINI REPORT appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Latest News

REEVO Aggregator Grows Stronger as Spinomenal Joins In

Published

8 hours ago

on

July 30, 2025

By

reevo-aggregator-grows-stronger-as-spinomenal-joins-in
Reading Time: < 1 minute

 

REEVO is thrilled to announce a new partnership with Spinomenal, one of the industry’s most innovative content providers, known for their visually stunning and feature-rich HTML5 video slots.

With a portfolio of over 300 cutting-edge games and a global footprint backed by licenses in Malta, Romania, Greece, the UK, New Jersey, and more, Spinomenal’s unique Universe Concept and commitment to player engagement make them a perfect fit for REEVO’s dynamic aggregation platform.

This collaboration will see Spinomenal’s high-performing titles integrated seamlessly into REEVO’s ever-growing ecosystem, enabling REEVO partners to access world-class content that drives player acquisition and retention across key regulated markets.

Daniel Cuc, Head of Account Management at REEVO, commented: “Partnering with Spinomenal is a testament to our drive to continuously bring the best-in-class content to our partners. Their immersive gameplay, innovative features, and global recognition make them an ideal addition to the REEVO aggregation platform. We’re excited to offer our clients even more value through this collaboration, as we continue scaling our reach and impact across regulated markets.”

Yossi Shayovits, Head of Business Development at Spinomenal added: “Partnering with REEVO adds further momentum to Spinomenal’s strategic expansion globally, with the Belgian market forming a major element.”

This partnership reinforces REEVO’s mission to become the go-to aggregator for premium iGaming content, delivering speed, scalability, and standout experiences to operators and players alike.

Stay tuned as REEVO continues to onboard the industry’s most exciting studios—fueling our collective growth, one partnership at a time.

The post REEVO Aggregator Grows Stronger as Spinomenal Joins In appeared first on European Gaming Industry News.

Continue Reading

Trending