Mario Kart Tour has passed 200M downloads and $200M in total revenue
It s no Pokémon GO, but it s got legs.
Mobile analytics company Sensor Tower reports based upon its data collection that
Mario Kart Tour has surpassed 200 million downloads and $200 million in total lifetime revenue since its official launch in September 2019. Its first 100 million downloads occurred in just its first 11 days, and it generated its first $100 million in revenue in slightly less than six months thanks to the Gold Pass subscription that unlocks 200cc races, among other things.
Clearly,
Mario Kart Tour has not maintained its explosive initial momentum, but Sensor Tower says that its revenue stream has been “fairly consistent,” averaging $7.7 million in revenue monthly globally over the past year. For the period between April 1, 2020 and March 31, 2021,
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PALM BEACH, Fla., April 13, 2021 /PRNewswire/ With the outbreak of COVID-19, home entertainment seems to be the only option for gamers in lockdown while cinemas and theaters continue their door-closed policy to prevent the disease. A March 2020 survey at the beginning of the pandemic, showed that that video gamers in the United States reported that they spent 45% more time playing video games amid the quarantine than in the previous week… that number has surely grown over the subsequent year of quarantine. Esports is another emerging industry that manages to make more than a billion dollars a year. Now, after the pandemic, it has gained further traction. A recent look at the U.S. Online Gaming Industry by Statista came up with a number of statistics and facts, including: a)Revenue in the Online Games segment is projected to reach US$23,582 Million in 2021; b)Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 7.36%, resu
Echtra Games Being Acquired By Zynga
The team behind Torchlight 3, Echtra Games, is officially being acquired by mobile game powerhouse publisher Zynga. Zynga was apparently interested in Echtra Games based on the team’s pedigree in the gaming industry. Echtra Games will immediately be put to work with Zynga’s NaturalMotion on a currently unannounced cross-platform RPG. Torchlight 3 is available right now for Xbox One, PS4, Nintendo Switch, and PC.
Echtra Games has thus far only released Torchlight 3 but apparently, that was enough to garner the attention of Zynga. The studio is currently being led by Max Schaefer who previously worked on the first two Diablo titles and every Torchlight title to date. The Torchlight series has always felt reminiscent of the Diablo series so it’s fitting that Max Schaefer will be making the transition with Echtra Games with joining Zynga.
Zynga acquires Echtra, maker of Torchlight 3, to double down on RPG games
Games company Zynga has been on an acquisition tear the last several years to beef up its activity, in particular in mobile and casual-puzzle games, spending over $3 billion to pick up a range of startups across Europe (specifically Turkey and Finland) in the process. Today, however, it’s taking a turn toward more immersive, highly graphic cross-platform experiences. The company has announced that it is acquiring San Francisco’s Echtra Games, the role-playing game publisher behind Torchlight III, which is available on Steam, XBox One, PS4 and Nintendo Switch.
“This acquisition will be instrumental in growing our iconic licenses and brands from mobile to PCs and consoles, while helping to further expand Zynga’s total addressable market.” | MCV/DEVELOP