TGE Index Investment Report - Q4 & Year-End 2020
As one of the dominant social platforms for teenage and young adult users, Snapchat is an obvious home for hyper casual instant games. That's something the platform's team are keenly aware of, it would seem, as a number of games have [...]
Roblox Goes Public at USD$38.3bn Valuation; EA Employee Allegedly Selling FUT Cards
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox goes public at USD$38.3bn (£27.5bn) valuation; EA employee allegedly selling FUT cards; and Epic Games acquires Capturing Reality. Roblox goes public at USD$38.3bn (£27.5bn) valuation User-generated game [...]
EG7 Acquires Innova for €109.8m; Rivalry Raises USD$20m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 acquires Innova for €109.8m (£94.91m); Rivalry raises USD$20m (£14m); and Frogwares accuses Nacon of selling hacked version of The Sinking City. EG7 acquires Innova for €109.8m [...]
Saudi Wealth Fund Invests USD$3.3bn in Gaming; Apple Subpoenas Valve
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming; Apple subpoenas Valve; and Netmarble acquires Kung Fu Factory. Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming The Public Investment [...]
Embracer Group sales up 44%; Artie Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group sales up 44%; Artie raises USD$10m (£7.2m); and Epic submits EU antitrust complaint against Apple. Embracer Group sales up 44% Embracer Group has released its financial [...]
PS5 Drift Lawsuit Filed Against Sony; Final Level Raises R$8.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PS5 drift lawsuit filed against Sony; Final Level raises R$8.5m (£1.1m); and redundancies at 22cans. PS5 drift lawsuit filed against Sony United States law firm Chimicles Schwartz Kriner [...]
Nintendo Boosts Revenue Forecast to JP¥1.6tn; Sumo Group Acquires PixelAnt Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nintendo boosts revenue forecast to JP¥1.6tn (£11.1bn); Sumo Group acquires PixelAnt Games; Riot Games again seeking arbitration in gender discrimination lawsuit. Nintendo boosts revenue forecast to JP¥1.6tn [...]
Opera Acquires YoYo Games; Multiple Studios Fined for Geoblocking
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Opera acquires YoYo Games; multiple studios fined for geoblocking; and Visionary Realms secures seven-figure investment. Opera acquires YoYo Games Internet browser developer Opera has announced that it has [...]
ESA to Pause Political Donations; Capcom Breach Affecting up to 390,000
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESA to pause political donations; Capcom breach affecting up to 390,000; and Microsoft-bound Bethesda secures Indiana Jones licence. ESA to pause political donations The Entertainment Software Association (ESA) [...]
CD Projekt Under Consumer Protection Scrutiny; Publicis Launches Dedicated Gaming Offering
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: CD Projekt under consumer protection scrutiny; Publicis launches dedicated gaming offering; and Venatus hires seven amid 38% growth. CD Projekt under consumer protection scrutiny CD Projekt has fallen [...]
Epic Games Acquires Rad Game Tools; Tapjoy Reaches Settlement with the FTC
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games acquires Rad Game Tools; Tapjoy reaches settlement with the FTC; and Juked closes crowdfunding campaign at USD$1.07m (£788,000). Epic Games acquires Rad Game Tools Epic Games [...]
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