Hasbro’s earnings reveal ‘Monopoly Go!’ has made $3 billion in just over a year
Hasbro’s earnings reveal ‘Monopoly Go!’ has made $3 billion in just over a year
‘Monopoly Go!,’ the interactive app inspired by the classic board game, may be the most successful mobile video game launch of all time.
BY Chris Morris
Rich Uncle Pennybags is getting a lot richer thanks to Monopoly Go! Forget collecting $200, the mobile sensation is pocketing a lot more than that these days.
On Hasbro’s second-quarter earnings call Thursday, the toymaker revealed that the mobile video game has grossed more than $3 billion in revenue since its launch on April 11, 2023. That makes Hasbro the top licenser of video games in the past year, the company says.
Hasbro works with mobile games company Scopely on Monopoly Go!—along with other licensed titles, such as Scrabble Go and Yahtzee with Buddies. (They did not make Pokémon Go—that was Niantic.) Monopoly Go! has been the pack leader, becoming so popular that a week ago, the companies introduced a Monopoly Go! board game (based on the mobile game, which is based on the board game—yeah, we got dizzy thinking about it too).
For the full year, Monopoly Go! is expected to generate roughly $105 million in licensing revenue for Hasbro—and company officials admit they could be underestimating that, as they’re still getting a sense of how players interact with the game.
“We don’t quite get the seasonality yet,” said Chris Cox, Hasbro’s CEO on the call. “However, where I do think we have some bullishness is on the mid- and long-term [prospects] for the game. When you look at games that reach this ‘hyperscale’ like Monopoly Go! has . . . 10 of the 20 best-performing games have been out for five or more years. So, this is a game that’s going to be a really strong and positive annuity for us for a long time to come.”
Since its launch, players have passed “Go” more than 100 billion times and made more than 15 billion visits to jail, according to Scopely. More than 150 billion Landmarks have been built (the game is more than just an electronic version of Monopoly—players build landmark structures, such as bridges or a Mr. Monopoly Statue of Liberty, with money they earn from circling the board or sabotaging other players).
The game made history in its early days, too, laying claim to the bragging rights of the most successful mobile title launch ever in the U.S., crossing the $1 billion mark just seven months after its debut, with players sending out more than 150 million invitations to friends.
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