Monopoly Go Takes Over DNF Mobile’s Ranking Real Estate - The Highest Earning Games in the World

Ariel Ariel
Oct. 18

This is a single insight from This Week in Apps - Where to Build for Maximum Profit?. Check out the full article for more insights.


It’s that time again — time to set down our controllers, roll up our sleeves, and crunch some digits to discuss what happened in mobile game revenue during September. It’s clear from the rankings that the overall chart saw a lot of movement from August’s lineup, including a continued descent for one of 2024’s biggest releases. There’s more to share so let’s get into it.

While 王者荣耀 (Honor of Kings) remained comfortably on its metaphorical throne atop the combined mobile game revenue chart for September after retaking it in August, its first-place revenue total dipped 3% compared to the previous month, totaling $138 million, down from $142M. Who took that $4M? A very high roller.

That’s right: Monopoly Go! grew its net revenue for September by $4M over August to move into the #2 spot on the ranking with $115M. The last time we saw the game ranked this high on the list was in June, when it made $1M shy of last month’s income. October is a big month for the game; Scopely has launched a limited-time crossover with Marvel’s Avengers in a bid to attract new players and entice current ones to engage with — and spend on —the new content. Look for more on this next month.

Turning the topic back to mobile game royalty, Dream Games’ extremely successful puzzler Royal Match ascended to the #3 place on the overall ranking, up from #4 in August.

This meant in doing so, it pushed aside Tencent’s hit 地下城与勇士 (DNF Mobile), which was #1 in July following its launch in China. At #4, last month’s net revenue of $100M for the title is $23M or 19% less than in August and $43M or 30% less than July at the height of its post-release popularity.

Capping off the top five, 和平精英 (Game For Peace) actually moved up from #6 in August, growing its revenue 9% month-over-month from $86M to $96M.

Recent months have seen a steady climb in revenue for the top 10 earning mobile games worldwide, reaching $900M going to developers in August. That number grew by just $7M in September, reaching $907M for the month. Even so, there are still a couple of big months for mobile game spending left in 2024, so we may yet still see the top 10 net $1B monthly before the year is out.

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All figures included in this report are estimated. Unless specified otherwise, estimated revenue is always net, meaning it's the amount the developer earned after Apple and Google took their fee.


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