Puzzles & Dragons firm also purchases major stake in US mobile game network PlayPhone

GungHo daily revenues reach $4.5m

Japanese video game company Gungho Online Entertainment has brought in around $4.5m in revenue per day during the first nine months of 2014.

Gamasutra reports on the astounding figure, adding that the firm has made $1.22bn in revenue and $680m in operating profits this year as well. Revenue is still largely being driven by Gungho’s extremely popular mobile title Puzzle and Dragons.

The company further revealed it has purchased a 70 per cent majority stake in US-based mobile social game network PlayPhone.

GungHo was also in the news earlier this week for itspublishing deal with Skulls of the Shogun and Galak-Z developer 17-Bit.

Story originally published on MCV.

About MCV Staff

Check Also

GGS NEW 2026 A PLUG 1 [Event news] Leading Games Industry Entrepreneur Chris van der Kuyl CBE Joins the Games Growth Summit

[Event news] Leading Games Industry Entrepreneur Chris van der Kuyl CBE Joins the Games Growth Summit

Chris van der Kuyl CBE has been announced as the latest speaker to join the Games Growth …