Hasbro expects the free-to-play sport to generate round $105 million in income for the complete yr
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Scopely‘s Monopoly Go! has amassed over $3 billion in income since its launch.
In accordance with Hasbro’s second quarter 2024 financials this additionally makes Hasbro the highest licensor of video video games over the previous yr.
“Licensing was one other standout within the quarter. Momentum in Monopoly Go! from our companions at Scopely continued in Q2, accelerating our income recognition past the minimal ensures and driving wholesome upside to each income and working revenue.”
“The workforce continues to have an lively pipeline of licensing alternatives throughout PC, console, cell and on line casino, leveraging our wealthy IP,” Cocks instructed buyers.
Exceeding expectations
Hasbro CFO Gina Goetter additionally shared that a number of titles outperformed, particularly Monopoly Go!, which exceeded expectations.
Q2 income grew 20% yr over yr, largely as a result of power in digital licensing, led by Monopoly Go!.
In accordance with the CFO, Hasbro expects the free-to-play sport to generate round $105 million in income for the complete yr, assuming a modest month-to-month income decline and constant advertising assist.
Earlier this month, Scopely and Hasbro teamed as much as launch a brand new board sport based mostly on Monopoly Go!.
