TGE Index Investment Report - Q4 & Year-End 2020
More games are to be released in China. Under normal circumstances, that statement would be far from newsworthy. But for nine months in 2018, the world's largest games market had been significantly stifled by new Government regulation. In March last year, [...]
Scopely Secures USD$340m Series E Funding; Shotcall Raises USD$2.2m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Scopely secures USD$340m (£262m) Series E funding; Shotcall raises USD$2.2m (£1.7m); and EA fined up to €5m (£4.5m) over loot boxes. Scopely secures USD$340m (£262m) Series E [...]
Facebook Enters Cloud Gaming Market; Esports Entertainment Group in Dual Acquisition
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Facebook enters cloud gaming market; Esports Entertainment Group in dual acquisition; and MY.GAMES revenue climbs by 33%. Facebook enters cloud gaming market Facebook has announced the launch of [...]
VSPN Raises USD$100m; Koei Tecmo Sales up 39.7%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: VSPN raises USD$100m (£76.6m); Koei Tecmo sales up 39.7%; and Scopely acquires Genjoy. VSPN raises USD$100m (£76.6m) Shanghai-based esports solutions provider Versus Programming Network (VSPN) has announced that [...]
Ragnarok Brings ZeniMax and Bethesda into Rune 2 Lawsuit; Venn Raises $26m
The Gaming Economy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ragnarok accuses Bethesda and ZeniMax of complicity in allegedly sabotaging Rune 2; streaming network Venn raises $26m in series A funding; and Ghost Gaming [...]
2019-2020 the Fastest Year for UK Industry Growth; Esports Guild Signs Major Sponsorship
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: TIGA reports that 2019-2020 has seen the fastest growth for the UK games industry; Esports Guild signs its first major sponsorship since its IPO; and PopReach [...]
Playtika Files IPO; September 2020's Biggest Month for Gaming TV Advertising
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Playtika files to go public; 2020 gaming ad spend reaches peak in September; and non-profit games organisation Hit Save launches. Playtika files for IPO Israel-based Playtika has announced [...]
EVOS Esports Raises USD$12m; Alliance Entertainment Acquires GameFly
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EVOS Esports raises USD$12m (£9.3m); Alliance Entertainment acquires GameFly; and active development ceased on StarCraft II. EVOS Esports raises USD$12m (£9.3m) Singapore-based Attention Holdings, parent company of EVOS [...]
"Significant" Ramifications Warned from Epic vs Apple Case; Dapper Labs Raises USD$18m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: "Significant" ramifications warned from Epic vs Apple case; Dapper Labs raises USD$18m (£13.8m); and Talon Esports secures USD$2m (£1.5m) seed funding. "Significant" ramifications warned from Epic vs [...]
ReKTGlobal Raises USD$35m; GameSquare Goes Public
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ReKTGlobal raises USD$35m (£27m); GameStop partners with Microsoft; and GameSquare goes public. ReKTGlobal raises USD$35m (£27m) New York-based esports holding company ReKTGlobal has announced that it has raised [...]
MY.GAMES Acquires Deus Craft; Embracer Group Raises SEK5.78bn
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MY.GAMES acquires Deus Craft; Embracer Group raises SEK5.78bn (£502m); and TGS Esports acquires Volcanic Media. MY.GAMES acquires Deus Craft Mail.ru Group has announced the acquisition of a controlling [...]
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