TGE Index Investment Report - Q4 & Year-End 2020
Canadian game dev and blockchain infrastructure outfit Horizon Blockchain Games has completed a USD$3.75m (£2.97m) seed round. Reddit co-founder Alexis Ohanian’s venture fund Initialized Capital led the round, which was also supported by Golden Ventures, Polychain, Coinbase, Digital Currency Group and [...]
Sony Gaming Revenue Declines; 1570 Game Approvals by China in 2019
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony gaming revenue declines; 1570 game approvals by China in 2019; and Supercell invests €1m (£846,000) in Wild Games. Sony gaming revenue declines Sony gaming and network services [...]
UK Trade Bodies Respond to Immigration Proposals; Animoca Brands Reports AUD$25.1m Receipts from Customers
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: UK trade bodies respond to immigration proposals; Animoca Brands reports AUD$25.1m (£12.7m) receipts from customers; Barclays to offer VGTR loans; and Ubisoft acquires Kolibri Games. UK trade [...]
Facebook Gaming Increases Audience Share; China Launches Mental Health Initiative Targeting Gaming
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Facebook Gaming increases audience share; China regulators launch mental health initiative targeting gaming; Pokemon GO generated USD$894m (£684m) in 2019; and Hamburg launches €2.08m (£1.77m) developer [...]
Alberta Game Dev Tax Credits Withdrawn After Single Year (and a Brief History of Video Game Tax Relief)
Video game tax credits have been withdrawn in the Canadian province of Alberta after just one year. Tax credits - also known as tax breaks - have existed in the game industry for many years, but have in recent months come [...]
Video games spearhead UK inflation growth rate slowdown
UK inflation growth slowed considerably through August 2019, with the falling price of video games highlighted as a significant factor. While UK inflation growth hit 2.1% in July the same year, through August it slowed to a rate of 1.7%, as [...]
Anger Over Tax Relief for Rockstar; Calls for Industry to Counter ‘Skin Betting’ Sites
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Anger over tax relief for Rockstar North; calls for industry to counter ‘skin betting’ sites; Valve disables TFS inventories due to item-drop bug. Anger over tax relief for [...]
Migration Advisory Committee recommends games roles are added to UK skills shortage lists
The UK's Migration Advisory Committee has recommended to the nation's Government that several video games industry roles be added to an official list compiling careers in which the country sees shortages of appropriate talent. As reported by Gamesindustry.biz, the near-400 page [...]
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