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Squad Busters Achieves $24 Million in Revenue Within Its First Month
According to Sensor Tower data, Squad Busters has amassed $24 million in revenue within its initial 30 days. As noted by PocketGamer, since its launch on May 29, the game has experienced a steady decline in revenue, hitting a low of $3.7 million during the week of June 17, before slightly rebounding to $3.9 million the following week. The game saw 40 million downloads across the App Store and Goo…
July 3, 2024, 2:37 p.m.
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Survey Reveals 62% of Chinese PC Gamers Have Increased Their Gaming Expenditure
A recent study by Niko Partners indicates that nearly two-thirds of PC gamers in China have elevated their spending on games compared to the previous year. The report, which polled 1,079 gamers in April 2024, also reveals that 19% of respondents have boosted their gaming expenditure by at least 30%. Key findings include Steam's continued reign as the top PC distribution platform in China, with ap…
July 3, 2024, 2 p.m.
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Bitmagic Secures $4 Million in Funding for AI-Powered Game Creation Platform
Bitmagic, a pioneering generative AI platform, has successfully raised $4 million in seed funding, led by Korea Investment Partners, with participation from prominent investors including Supercell and Sisu Game Ventures. The platform's launch on Steam Playtest allows users to craft immersive 3D games using text and speech prompts. Notable investors, such as former Fortnite Creative senior directo…
July 3, 2024, 10:05 a.m.
News
Skillz Takes Voodoo to Court Over Alleged Unlawful Practices and Misleading Ads
Skillz, a prominent mobile gaming platform, has initiated a lawsuit against Voodoo, alleging unlawful business practices and deceptive advertising related to its Blitz Win Cash application. The lawsuit, filed in the US District Court for the Southern District of New York, claims that Voodoo's advertisements for the app are misleading, as they suggest the games are fair and skill-based, when in re…
July 3, 2024, 9:21 a.m.
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EA to Discontinue Support for Three Legacy Battlefield Titles
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July 2, 2024, 9:01 p.m.
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Guilty Gear Strive Hits 3 Million Players Globally
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July 2, 2024, 8:34 p.m.
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Surgent Studios Undergoes Staff Reduction Months Following Debut Game Release
Update: Surgent Studios has acknowledged that it is among the game studios affected by layoffs this year, with the reduction in force affecting slightly more than a dozen individuals. In a statement posted on X, the studio expressed: Regrettably, Surgent has become one of the many game studios hit by layoffs this year, resulting in just over a dozen staff members being impacted. Given the c…
July 2, 2024, 8:18 p.m.
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Nintendo Takes Legal Action Against Two Alleged Switch Pirates
Nintendo of America has filed lawsuits against two individuals accused of copyright infringement by selling and trading 'circumvention devices'. The lawsuits, filed against Ryan Michael Daly and James C. Williams, also known as 'Archbox', allege that the defendants have engaged in trafficking of circumvention devices, copyright infringement, breach of contract, and interference with contract. Acc…
July 2, 2024, 5:51 p.m.
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Daybreak Expands Portfolio with Acquisition of Singularity 6
Daybreak Game Company has announced the acquisition of Singularity 6, with the studio to continue operating independently under its existing leadership. The acquisition will enable Singularity 6 to tap into expanded resources, driving development and paving the way for the launch of Palia across multiple platforms. According to Anthony Leung, co-founder of Singularity 6, the partnership with Dayb…
July 2, 2024, 1:26 p.m.
News
Last Chance to Enter the 2024 UK Best Places To Work Awards
UK-based games companies still have an opportunity to participate in the 2024 GamesIndustry.biz Best Places To Work Awards. This year's awards feature revised questions, focusing on key areas that matter most to games companies and their employees, particularly after a challenging year. In addition to the main awards, companies can also participate in special awards, which recognize excellenc…
July 2, 2024, 11:54 a.m.