Breaking even more records in Q2 2024

Jul 16, 2024

We’re thrilled to announce that the momentum from our record-breaking first quarter has not only been maintained but has accelerated into the second quarter, resulting in another set of exceptional results. The dedication and strategic efforts of the entire Kalamba team has culminated in a significant uptick in Gross Gaming Revenue (GGR) which has increased 282%, year on year. This surge has been mirrored in active players, which has seen an impressive rise of 120% year on year, reflecting the growing appeal and competitive edge of our engaging portfolio of gaming titles.

John Cutler, Managing Director, Commercial commented, The outstanding performance this quarter is a testament to the delivery of our business objectives and the collective effort of all the teams across the business, and the unwavering support from our operator partners.

They have been instrumental in driving this growth through their combined efforts in relationship-building, innovation, targeted campaigns and relevant product innovation. As a result we have seen an expansion of our player base and enhanced user engagement. So once again we’d like to say a heartfelt “thanks” to the team and our partners!

Looking ahead, we are committed to sustaining this growth trajectory through a more focused product strategy serving specific demographic requirements along with continuous improvement and innovation. Our roadmap for the upcoming quarters is filled with exciting new launches, including the launch of new games in Sweden, Netherlands, Italy, Croatia and Slovakia; the network roll out of our new “Tournament” promo tool, and planning for our next network Kash Drops promotion.

Very soon, we will be re-launching in Spain as well as looking to develop our distribution in Portugal and are very excited about the potential for our games in both markets. To support this, our amazing Account Management team will be going to SBC Summit Lisbon from 14th-16th September, so get in touch with your Account Manager to arrange a meeting.

Finally, we are very excited about the imminent launch of Speedy Tomatoes’ Powerpoker™ games via our RGS ‘Bullseye’, further enhancing our product proposition and demonstrating our evolution from a games studio to a next-generation distributor. It’s a great step forward that sees us diversifying our content portfolio to serve a whole new game genre and player segment.

In conclusion, the exceptional Q2 results are not just numbers on a spreadsheet; they represent the passion, expertise, and commitment of a company that is dedicated to redefining the gaming experience – as evidence with our recent hits Firebolt Multi 7s Hold and Win and Cashpot Strike 7s which are already performing particularly well.

We are confident that the remainder of the year will be marked by further achievements as we continue to push the boundaries of what is possible in the gaming industry.

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A next-generation data-informed B2B casino games supplier which aims to disrupt the market through a powerful combination of innovative games and promotional tools.

KALAMBA GAMES LIMITED

Nouv
Triq MRO Frank Galea
Zebbug, ZBG 9019
Malta
VAT ID: MT 23937309

KALAMBA GAMES SP. Z O.O.

Al. Słowackiego 66
1st floor
30-004 Kraków
Poland

NIP: 6772445900

Kalamba Games Ltd is registered under the laws of the European Union member state of Malta. It has registration number C78382 with office address at: Nouv, Triq MRO Frank Galea, Zebbug ZBG 9019. Kalamba Games Ltd's operations are regulated by the Malta Gaming Authority (MGA) under the license MGA/B2B/861/2020 issued on 11th October, 2021. The company provides Type 1 Gaming Services. Find out more about the MGA at www.mga.org.mt. Gambling can be addictive, play responsibly.