Virtual currency is the foundation of the free-to-play game, so Kabam is taking fraudsters seriously.
Kabam expects revenue to top $300M in 2013 and is hiring 80 new people despite giving others pink slips.
Kabam returns to Facebook in a big way with the launch of a new Hobbit game.
Expanding to mobile in 2012 proves to be a fantastic strategy for the privately held game developer.
Exploding Barrel Games worked on Margaritaville and is making free-to-play mobile and social games now.
The superpopular Tolkien take-off The Hobbit: Kingdoms of Middle-earth is apparently too popular.
Kabam is continuing its success with a second game based on the fantasy trilogy.
Kabam was virtually unknown a few years ago, but now it’s making games that tie into Peter Jackson’s upcoming film trilogy The Hobbit — expected to be one of the most important movie properties of all time.