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GungHo has made $4.5 million in revenue a day during 2014

GungHo has made $4.5 million in revenue a day during 2014

October 29, 2014 | By Mike Rose

Japanese video game company Gungho Online Entertainment made roughly $4.5 million revenue per day during the first nine months of 2014.

As translated by industry consultant Serkan Toto, GungHo announced today that it has made $1.22 billion in revenue this year, up 14.3 percent year-over-year, and operating profits of $680 million, up 7.2 percent.

Mega hit Puzzle & Dragons is still providing a good portion of that cashflow, thanks in part to the relaunched Puzzle & Dragons W app.

The company also revealed that it has acquired a 70 percent majority stake in mobile social game network PlayPhone, a U.S. outfit that was founded back in 2003.

This is yet another move by GungHo is break into the U.S. -- just yesterday the company said that it will publish the next title from U.S. studio 17-BIT.

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