Korean Firm Invests $4 Million Into Huuuge Games
The casino market is evolving at a rapid pace and gambling establishments have to ensure that they are deploying the latest technology and games in the industry in order to grow their customer base. Huuuge Games, a social casino game studio focuses on developing and making casino games a lot more social to the public. The company recently announced that it had managed to raise around $4 million in its 1st round of funding, which was spearheaded by Korea Investment Partners (KIP).
Huuuge Games is in the process of developing a number of interactive games that will allow players to play in teams or against each other. Players, who end up winning, will have the opportunity to buy virtual drinks for their bunch of close friends. The company plans to use the $4 million to create a new social feature that will give teams better options to communicate with team members. The money will also be used to assist its global expansion process.
Anton Gauffin, the CEO of Huuuge market also has plans to use some of the investment money to scale the company’s business so that it can concentrate on the global market. In a statement, Gauffin said
What makes Huuuge Casino unique is definitely based on our commitment to make social casino gaming truly social. In other words, we believe we are approaching casino gaming from a different angle than our competitors who are typically coming from the real-money gambling world and tend to think that casino games are mainly just content and math. We disagree with all of them. We put social before casino and this means, as an example, that in Huuuge Casino you can actually meet new people.
Players will be able to play a number of their favorite table games and also take part in the number of tournaments that are still to be played. Some of those table games include poker, baccarat, roulette, slot machines and Blackjack. The company is looking to make a huge difference in the free to play casino gaming market by offering customers the chance to play Huuuge without disrupting the poker industry.
Korea Investment Partners spent a lot of time going through Huuuge’s growth strategy and meeting with their employees. Huuuge is currently in the process of changing the way free casino games are provided. Huuuge plans to change up a number of policies that will allow companies to offer an interactive social gambling experience.
