The video game industry experienced high growth due to new innovative products and services, such as live-service games, subscription-based gaming platforms, and eSports offerings. As a result, this past quarter, game publishers are recording record revenues, with most raising guidance for this year. [more]
This week, Vindex, a pure-play Esports content and event production company, announced the acquisition of the Belong Gaming Arenas brand from GAME Digital. Belong Gaming operates Esports tournaments and events in physical gaming centres with video game PCs and consoles. [more]
The video game and eSports betting industries experienced significant growth and deal activity as larger publishers announced acquisitions of various studios with proprietary game engines, while eSports focused betting platforms partnered with betting operators and networks. [more]
PopReach generates revenue through the acquisition of mobile game franchises and maximizes margins through user optimization and retention, coupled with expense reduction. Existing 12-title portfolio includes Smurfs Village, Bakery Blitz and War of Nations. [more]
The eSports betting industry is experiencing heightened activity as companies vie for market share, innovate with new software & platforms, and announce IPOs, financings, and M&A activities. [more]
This week on the “Electronic Arts Live Fireside Chat” webinar, Andrew Wilson, CEO of EA, spoke on the three pillars of growth for EA in the long-term: (1) Content Creation, (2) Live Service Games, and (3) Customer Reach [more]
Kuuhub’s quarterly Revenue was $1.8 million compared to our estimate of $2.1 million. Revenue was primarily generated from sales of the Recolor App that reached the Top 10 in Apple’s Top App Charts in the United States and fourteen other countries. New Match-3 games are scheduled for full commercial release by the end of calendar 2020. [more]
In this past week’s PGC Conference, a key topic of discussion was the changing trends in the gaming industry, with speakers and keynote presentations from companies including Doppio Games, Gameloft, Headup, and Netmarble. [more]
In this past week’s PGC Conference, multiple panels and keynote speakers discussed the state of the gaming industry’s M&A and funding environment considering the COVID-19 pandemic, including speakers from companies such as Agnitio Capital, CVCapital, Execution Labs, Fundamentally Games, NCSoft, Stillfront Group, and Transcend Fund. [more]
At the PGC Conference, the topic of COVID-19 and its effects on the gaming industry was brought up numerous times, as the industry experienced a surge in user activity and engagement due to consumers staying isolated at home with more free time. [more]
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