TGE Index Investment Report - Q4 & Year-End 2020
BITKRAFT Esports Ventures has spearheaded a USD$5m (£4.1m) Series A funding round in competitive hyper-casual platform Ready. By any technical definition, Ready is an esports offering. At its most fundamental, it lets players do battle in multiplayer games for cash prizes. [...]
NHS Calls for Loot Box Ban; Ubisoft to Restructure Editorial Team
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: NHS calls for loot box ban; Ubisoft to restructure editorial team; and NetEase Tom and Jerry title reaches 100m users. NHS calls for loot box ban NHS mental [...]
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 [...]
The Programmatic Counter-Revolution: Why the Industry Needs to do its Bit to Avoid a Personal Data Backlash
In this special contributed piece, Erick Fang, CEO of AI-driven ad platform Mintegral, considers the need for the programmatic sector to make the case for its responsibility, or risk imprecise regulation becoming the dominant governing force. From time to time, I [...]
Analysis: Grand Theft Auto Online's New 'Real Money Casino'
If you've browsed the mainstream press recently - and read beyond the news of the new UK Prime Minister - you may have noticed a story ripe with controversy. The perennially popular Grand Theft Auto Online has recently enabled the [...]
Harry Potter Wizards Unite Due to Gross USD£10m (£7.85m) in first month; Nintendo Opens Second Retail Store
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Harry Potter Wizards Unite due to gross USD£10m (£7.85m) in first month; Nintendo opens second retail store; and US government blocks League of Legends in Iran and [...]
Commons committee grills EA and Epic reps at ongoing 'Immersive and addictive technologies inquiry'
In the UK the Department for Digital, Culture, Media and Sport has been speaking to representatives from Electronic Arts and Epic Games, as it's 'Immersive and addictive technologies inquiry' continues. The enquiry - which is not just focused on games - [...]
China’s Mobile Game Revenue Predicted to Exceed USD$25bn by 2023
That figure – and Niko's other findings – point to rapid growth in China’s games market, despite state involvement stifling game releases in the country through 2018 and into this year. Niko's in-depth report points to the fact that China presently [...]
Chinese Gaming Giants’ Overseas Revenues Skyrocket, Chinese Government Reinstates Game Approvals Freeze
Two current game business stories together highlight the stark dichotomy at the heart of China’s games market. As revealed in a new report from business insight specialist IHS Markit, Chinese tech giants Tencent and NetEase saw extraordinary profit growth for their [...]
Analysis: Launching Apex Legends. Fortnite's greatest contender yet?
A lot of businesses in the global game industry would like a slice of the 'battle royale' pie. And it's no surprise. Fortnite is a battle royale game – sometimes called a 'BR' title – and we all know how well [...]
South Korea Declares Game-Boosting Services Illegal
If you’re caught offering ‘boosting’ services to video game players in South Korea, you may now face a USD$17,800 (£14,000) fine, or two-years jail time. Boosting sees less-experienced users of a given game grant accomplished players access to their account for [...]
Follow TheGamingEconomy