In effect, Roblox makes three times as much off of a creator's work than the creator themselves. Players shouldn’t look at Roblox and expect to make their fortunes in game.

Why such a large discrepancy between bookings and sales? Because when Roblox sells users Robux, it can't recognize that as revenue until the users spend those Robux on something.

In other words, Roblox can count on massive revenue growth over the next couple of years as this year's Robux orders work their way through the revenue recognition period.

This week a Roblox representative said that developers and creators earned more than $500 million on the platform last … ...