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Majesco targets online casino and lottery sectors to drive growth

16th January 2014 8:16 am GMT

Shares in Majesco Entertainment, developer of games including Zumba Fitness for the Nintendo Wii, slumped by more than 20 per cent in New York Wednesday after the company reported a 64 per cent drop in revenue to $47.3m for the year ended October 31st.

Majesco chief executive Jesse Sutton said that given the ongoing industry transition in console gaming, 2013 unfolded as the company expected, with Majesco now looking to diversify its revenue sources following its [...]

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