The Polish company Huuuge Games, which develops mobile games in the genre of social casino, is preparing for cuts. She announced that she will lay off 10% of employees by the end of next month.

The developer of social casinos Huuuge Games has published financial results for the first quarter of 2022. Against the background of declining revenues of the flagship games Billionaire Casino and Huuuge Casino, the revenue of the entire company also fell by 12.2% to $84 million.

The developer and publisher of social casinos Huuuge Games has decided to diversify its gaming portfolio. The company acquired the rights to the free-play match-3 game Traffic Puzzle from the Polish studio Picadilla. The purchase amount is $38.9 million.

Shares of another gaming company will appear on the stock market. This time, Huuuge Games announced its intention to conduct an IPO. The developer of social casinos expects to attract at least $150 million.

The developer and publisher of mobile free-play games Huuuge Games has acquired the Finnish game studio Double Star.

The company Huuuge Games, which owns the social casino Huuuge Casino, has now started publishing games. Its publishing division Tap Tap Games will be engaged in the release of casual mobile games.