Maa Aarki

Skillz Announces Q4 2022 and Fiscal Year 2022 Results

Retrieved on: 
Thursday, March 30, 2023

Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today announced results for the fourth quarter and fiscal year ending December 31, 2022.

Key Points: 
  • Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today announced results for the fourth quarter and fiscal year ending December 31, 2022.
  • Full Year 2022 Financial Update:
    Revenue of $269.7 million, down 29% year over year.
  • “We are pleased with the large-scale operational and organizational improvements we made in the back-half of 2022.
  • Skillz will host a live conference call at 4:30 p.m. Eastern Time today.

Mobivity Appoints Mobile Gaming Industry Veteran as CRO to Fuel Next Stage of Growth

Retrieved on: 
Thursday, September 22, 2022

Carlson will use her vast expertise in mobile gaming and advertising to drive Mobivitys revenue operations and work to accelerate growth following the successful deployment of its Connected Rewards solution to leading gaming publishers and brands.

Key Points: 
  • Carlson will use her vast expertise in mobile gaming and advertising to drive Mobivitys revenue operations and work to accelerate growth following the successful deployment of its Connected Rewards solution to leading gaming publishers and brands.
  • Carlson brings more than two decades of experience building and leading revenue growth for traditional and digital media organizations.
  • Most recently, she was Head of Global Revenue at Aarki, a mobile Demand Side Platform, which was acquired by leading mobile games platform Skillz in 2021.
  • Her experience developing revenue strategy and leading teams since the early days of the mobile gaming and mobile advertising industry will be invaluable in accelerating the growth and adoption of our Connected Rewards technology, said Dennis Becker, Mobivity Chairman and CEO.

Skillz Spotlights Innovation, Monetization, and Growth Through Competition at the 36th Annual Game Developers Conference

Retrieved on: 
Wednesday, March 9, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220309005175/en/
    Skillz Exhibits at the 36th Annual Game Developers Conference (GDC) March 23-25, 2022 (Graphic: Business Wire)
    Skillzs unique, disruptive platform continues to democratize the mobile gaming industry by making it better and easier for developers to create, monetize, and grow their games through competition, said Andrew Paradise, CEO of Skillz.
  • LIVE SKILLZ TOURNAMENTS AT GDC: Compete to win world-class prizes by joining Skillz live mobile game tournaments, hosted every day at the Skillz GDC booth.
  • Skillz is the leading mobile games platform that connects players in fair, fun, and meaningful competition.
  • The Skillz platform helps developers build multi-million dollar franchises by enabling social competition in their games.

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Retrieved on: 
Monday, September 20, 2021

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points: 
  • According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
  • It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
  • Even more so when combined with a U.S. sports betting market opening up state by state.
  • With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Retrieved on: 
Monday, September 20, 2021

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points: 
  • According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
  • It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
  • Even more so when combined with a U.S. sports betting market opening up state by state.
  • With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."