Monopoly Go! achieves a significant milestone by surpassing $3 billion in revenue
Scopely's Monopoly Go! has generated over $3 billion in revenue since its launch.
According to Hasbro's Q2 2024 financial report, this success has positioned Hasbro as the leading licensor of video games over the past year.
“Licensing was another standout in the quarter. Momentum in Monopoly Go! from our partners at Scopely continued in Q2, accelerating our revenue recognition beyond the minimum guarantees and driving healthy upside to both revenue and operating profit," stated Cocks.
“The team continues to have an active pipeline of licensing opportunities across PC, console, mobile, and casino, leveraging our rich IP," Cocks added.
Exceeding expectations
Hasbro CFO Gina Goetter noted that several titles outperformed, especially Monopoly Go!, which exceeded expectations.
Q2 revenue grew 20% year over year, largely due to the strength in digital licensing, led by Monopoly Go!
According to the CFO, Hasbro anticipates the free-to-play game to generate around $105 million in revenue for the full year, assuming a modest monthly revenue decline and consistent marketing support.
Earlier this month, Scopely and Hasbro collaborated to launch a new board game based on Monopoly Go! Source: adapted from an article by Isa Muhammad, Staff Writer for PocketGamer.biz.