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News

  • EA Usurps Take-Two in Codemasters Takeover; Roblox to Delay IPO

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA usurps Take-Two in Codemasters takeover; Roblox to delay IPO; and ForeVR launches with USD$1.5m (£1.1m) in funding. EA usurps Take-Two in Codemasters takeover Electronic Arts (EA) has [...]

  • Rollic Acquires Onnect from CHEF Game Studio; Metafy Raises USD$3m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Rollic acquires Onnect from CHEF Game Studio; Metafy raises USD$3m (£2.2m); and Sigma Resources acquires Simcoach Games. Rollic acquires Onnect from CHEF Game Studio Istanbul-based developer-publisher Rollic has [...]

  • US Senator Proposes Prison for Streaming Copyright Violators; Salad Technologies Raises USD$3.2m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: US Senator proposes prison for streaming copyright violators; Salad Technologies raises USD$3.2m (£2.4m); and Nintendo shifts 1.3 million Switch consoles in China. US Senator proposes prison for [...]

  • MTG Acquires Hutch; 37Games Completes Guangzhou Sanqi Network Purchase

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG acquires Hutch; 37Games completes Guangzhou Sanqi Network purchase; and gamified ecommerce platform Aglet secures USD$4.5m (£3.4m). MTG acquires Hutch Modern Times Group (MTG) has announced that it [...]

  • MTG Increases Innogames Investment; Wizard Games Secures 9-Figure Tencent Funding

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG increases Innogames investment; Wizard Games secures nine-figure Tencent funding; and Quell raises USD$3m (£2.2m) for gamified home fitness. MTG increases Innogames investment Modern Times Group (MTG) has [...]

  • Bombay Play Raises USD$1m; Appyfurious Receives My.Games Funding

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bombay Play raises USD$1m (£744,000); Appyfurious receives My.Games funding; and Activision Blizzard sues Netflix for alleged executive poaching. Bombay Play raises USD$1m (£744,000) Mobile social game developer Bombay [...]

  • Predictions 2021: Esports

    In the first of TheGamingEconomy's 2021 Predictions series, professionals from across the esports landscape give their opinion on the future of a sector both bolstered, and buffeted, by the Covid-19 pandemic. Through the suspension of traditional sporting events in Q2-Q3 [...]

  • Flexion Mobile Raises SEK114m; Esports One Secures USD$4m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Flexion Mobile raises SEK114m (£10m); Esports One secures USD$4m (£3m); and Gfinity acquires EpicStream. Flexion Mobile raises SEK114m (£10m) Android game distribution platform Flexion Mobile has announced that [...]

  • Microsoft Acquires Smash.gg; GreenPark Sports Secures USD$14m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft acquires Smash.gg; GreenPark Sports secures USD$14m (£10m); and VisiSonics raises USD$3.5m (£2.6m) for 3D sound technology. Microsoft acquires Smash.gg Microsoft has acquired esports tournament organisation platform Smash.gg [...]

  • EG7 to Acquire Daybreak Games; Bigger Games Raises USD$6m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 to acquire Daybreak Games; Bigger Games raises USD$6m (£4m); and Krafton completes PUBG consolidation. EG7 to acquire Daybreak Games Stockholm-based video game holding company Enad Global 7 [...]