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Nintendo Switch 2 Sees Impressive Q1 2025 Sales with 5.82 Million Units Sold
Nintendo has unveiled its financial results for the quarter ending June 30, 2025, highlighting the sales performance of the Switch 2 hardware and software. Key financial figures for the quarter include: net sales of ¥572 billion ($3.8 billion), representing a 132% year-over-year increase; operating profit of ¥56.8 billion ($377 million), up 4.4% year-over-year; ordinary profit of ¥95.8 billion ($…
Aug. 1, 2025, 9:19 a.m.
News
Jonathan Holmes Steps Down as CEO of Milky Tea After Two Decades
Jonathan Holmes, co-founder of Milky Tea, has announced his immediate departure from the CEO role to prioritize family time and personal rejuvenation. Founded in 2005 in Liverpool, UK, the studio will see Chris Wood, the current general manager, assume the position of managing director. Wood previously served as COO at Pixelmatic. Holmes reflected on the journey, stating, "Establishing Milky Tea …
July 31, 2025, 10:01 p.m.
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Roblox Sees Substantial Expansion Across Key Performance Indicators, with Revenue Rising 21% Year-over-Year in Q2 FY25
Roblox has released its Q2 FY25 financial report, highlighting that the results surpassed initial expectations for top-line performance and cash flow, driven by the platform's overall strength and the emergence of highly popular experiences. The company notes significant growth in key areas, including daily active users, hours engaged, monthly unique payers, revenue, and bookings, which collectiv…
July 31, 2025, 9:44 p.m.
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Mobile Gaming Sees Rise in Casual Downloads, but Revenue Growth Stagnates
According to a recent report by AppMagic, a leading mobile market intelligence tool, casual mobile game downloads have experienced a significant increase since the start of the year, yet revenue has remained surprisingly stable. The Casual LiveOps Report H1 2025, released on July 30, indicates a 6% year-on-year rise in global casual game downloads, from 28.4 billion in 2023/2024 to 30.2 billion i…
July 31, 2025, 3:25 p.m.
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UK Video Games Council Faces Criticism from IWGB Game Workers Union Over Exclusion
The Game Workers branch of the Independent Workers of Great Britain (IWGB) union has penned an open letter to Labour MPs, denouncing its omission from the newly established UK Video Games Council. Published on July 31, the letter addresses Labour MPs Sir Chris Bryant and Charlotte Nichols, criticizing the exclusion of the union and charitable organizations from the council's membership despite th…
July 31, 2025, 1:28 p.m.
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Capcom Sees Substantial Growth in Q1 2025, Driven by Classic Game Sales
Capcom has announced its Q1 2025 financial results, showcasing notable increases in net sales and income, alongside a rise in unit sales for both new and back-catalogue games. The company considers these results a strong foundation for achieving its annual objectives. For the quarter ending June 30, 2025, key figures include: net sales of ¥45.5 billion ($303 million), representing a 53.7% year-on…
July 31, 2025, 11:46 a.m.
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Microsoft Sees 13% Yearly Boost in Xbox Content and Services Revenue
Microsoft has unveiled its Q4 fiscal year 2025 financial results, showcasing robust growth in gaming revenue, with a notable increase in Xbox content and services. For the quarter ending June 30, 2025, key figures include: $76.4 billion in revenue (up 18% year-over-year) and $27.2 billion in net income (up 24% year-over-year), with the More Personal Computing segment, which includes Xbox, reachin…
July 31, 2025, 9:38 a.m.
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Ready or Not Achieves 2 Million Console Sales in Just Two Weeks Amidst Contentious Updates
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July 30, 2025, 8:57 p.m.
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Microsoft Dominates PlayStation Sales in Q2 2025 with Six Top Games
In the second quarter of 2025, Microsoft-published games accounted for six of the top ten best-selling titles on PlayStation, as reported by Circana's executive director and video game analyst, Mat Piscatella. The rankings, based on dollar sales including both physical and digital sales from participating publishers, reveal that Microsoft's Indiana Jones and the Great Circle, Minecraft, Doom: The…
July 30, 2025, 8:49 p.m.
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JECO, a UK-Based Game Tech Firm, Raises $1.3 Million in Pre-Seed Funding
JECO, a UK-based technology company, has successfully secured $1.3 million in pre-seed funding, led by the British Business Bank and The Games Angels. This investment is expected to drive growth and development in the company. In a recent press release, Mark Barry, Senior Investment Director at the British Business Bank, expressed his delight with the co-investment, stating that it aligns with th…
July 30, 2025, 12:07 p.m.