The Hobbit: Kingdoms of Middle-earth studio doubled its revenues in 2013

Bilbo is gonna run out of room in his hobbit hole thanks to the huge stacks of money he keeps piling up.

Kingdoms of Camelot: Battle for the North and The Hobbit: Kingdoms of Middle-earth developer Kabam generated $360 million in revenues in 2013. That’s up 100 percent from 2012 when the company brought in $180 million thanks to its lineup of free-to-play mobile games.