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  • TGE Index Investment Report - Q4 & Year-End 2020

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: SEA Telcos to launch gaming joint venture; Horizon raises USD$5m (£3.8m); and Nvidia acquires SwiftStack. SEA Telcos to launch gaming joint venture Singapore Telecommunications (Singtel), its Thai affiliate [...]

  • SEA Telcos to Launch Gaming Joint Venture; Horizon Raises USD$5m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: SEA Telcos to launch gaming joint venture; Horizon raises USD$5m (£3.8m); and Nvidia acquires SwiftStack. SEA Telcos to launch gaming joint venture Singapore Telecommunications (Singtel), its Thai affiliate [...]

  • Kleiner Perkins Closes USD$700m Fund; Veritas Raises USD$10m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Kleiner Perkins closes USD$700m (£542m) fund; Veritas raises USD$10m (£7.7m); and Improbable operating losses hit £63.7m. Kleiner Perkins closes USD$700m (£542m) fund Silicon Valley venture capital firm Kleiner [...]

  • Google Opens Playa Vista Stadia Studio; Esports Players League Completes USD$1m (£767k) Seed Round

    TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Google opens Playa Vista Stadia studio; Esports Players League completes USD$1m seed round; and Phoenix Games acquires Studio Firefly. Google opens Playa Vista Stadia studio Google has opened [...]

  • Gismart Named 6th-Fastest Growing Company in Europe; GameOn Technology Raises USD$10.5m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gismart sixth-fastest growing company in Europe; GameOn Technology raises USD$10.5m (£8.20m); Zynga facing class-action lawsuit; and Sensel raises USD$28m (£22m). Gismart named sixth-fastest growing company in Europe London-based [...]

  • GDC Postponed; Better Collective Acquires HLTV.org ApS

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GDC postponed; Better Collective acquires HLTV.org APS; Platinum Games clarifies The Wonderful 101 Kickstarter; and End Game Interactive raises USD$3m (£2.3m). GDC postponed Following a spate of exhibitor [...]

  • Roblox Raises USD$150m, App Samurai Closes USD$2.4m Funding Round

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$150m (£116m), App Samurai closes USD$2.4m (£1.8m) funding round; USD$1.8m (£1.4m) investment in casual mobile studio FunCraft; and Valve soliciting proposals for The International [...]

  • Global Esports Revenue to Hit USD$1.1bn; Facebook Acquires Sanzaru Games

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Global esports revenue to hit USD$1.1bn (£848m); Facebook acquires Sanzaru Games; and PlatinumGames establishes new studio. Global esports revenue to hit USD$1.1bn (£848m) The esports economy is predicted [...]

  • Embracer Group Acquires Saber Interactive; Paradox Interactive Revenue Up 14%

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires Saber Interactive; Paradox Interactive revenue up 13%; and ESL and Dreamhack sign revenue-sharing agreement with 13 leading teams. Embracer Group acquires Saber Interactive Embracer Group [...]

  • Arcades Are Dead; Long Live... Airport Gaming Lounges?

    The classic video game arcade has almost become a trope for nostalgia. They appear across contemporary fiction as shorthand for a fondly remembered version of the 1970s and 1980s. The arcade's 'passing' is often lamented in tandem with warm, fuzzy memories [...]

  • Tim Sweeney Warns Against "Customer Adversarial" Models; Double Loop Games Raises USD$2.5m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tim Sweeney warns against "customer adversarial" practices, Double Loop Games raises USD$2.5m (£1.9m), and Bit Fry Game Studios raises USD$3.5m (£2.7m). Tim Sweeney warns against "customer adversarial" [...]