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Scotland Approves Nationwide Gaming Strategy
The Scottish government has pledged its support for a national gaming strategy, aiming to bolster the industry's growth within the country. In collaboration with the Scottish Games Network, Techscaler, and CodeBase, the government intends to establish a more vibrant gaming ecosystem, enhancing the nation's capacity to effectively support the sector as it expands and evolves. Although details of t…
Feb. 2, 2024, 10:40 a.m.
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Like a Dragon: Infinite Wealth Smashes Franchise Sales Records
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Feb. 2, 2024, 9:41 a.m.
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Nordcurrent Acquires Cinemaware's Game Portfolio
Nordcurrent, a mobile gaming company, has purchased the Cinemaware game portfolio from Starbreeze Entertainment, expanding its offerings with classic titles such as Defender of the Crown, Wings, and S.D.I. According to Nordcurrent CEO Victoria Trofimova, "The acquisition of Cinemaware's portfolio is a significant milestone in our mission to establish a strong PC and console games division, enab…
Feb. 1, 2024, 10:04 p.m.
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Genshin Impact Surpasses $5 Billion in Record Time
Genshin Impact has broken records by reaching $5 billion in consumer spending faster than any other mobile game, as revealed in a recent report by Data.ai. The game achieved this impressive revenue figure in just 40 months following its launch in September 2020. In comparison, it took Clash of Clans 51 months to reach the same milestone. The report, which tracked in-app purchases through the App …
Feb. 1, 2024, 9:27 p.m.
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Co-Founders of Supermassive Games Depart the Company
The co-founders of Supermassive Games, Pete and Joe Samuels, have announced their departure from the company. The news was shared on social media, where Pete Samuels stated that he and his brother have decided to leave the gaming industry. According to Samuels, the decision to step down was made for health reasons and was not taken lightly. He expressed his pride in what they founded and his ad…
Feb. 1, 2024, 8:23 p.m.
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RAFA Racing Club Expands Capabilities with Grid Finder Acquisition
In a significant move, RAFA Racing Club has taken over Grid Finder, a prominent online racing community service platform. The acquisition, valued at £3 million, is set to enhance Grid Finder's platform by incorporating more broadcasters, sim racing tools, and engineers, as well as developing technology tailored to RAFA's brands. As a car enthusiast hub based in Houston, RAFA Racing Club striv…
Feb. 1, 2024, 7:15 p.m.
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Unveiling GamesIndustry.biz's Black Voices Progress Report
To commemorate the beginning of Black History Month, GamesIndustry.biz launches its Black Voices Progress Report. Throughout the month, a series of articles will delve into the experiences of Black professionals in the gaming sector, offering a glimpse into their unique journeys. While the industry has made strides in diversity, there is still a significant gap to bridge, with Black individuals c…
Feb. 1, 2024, 5 p.m.
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European Game Developer Federation Expresses Disappointment Over Apple's EU Policy
The European Game Developer Federation has voiced its disappointment over Apple's recent changes to its iOS policy, citing concerns about the potential for unfair competition. As required by the Digital Markets Act (DMA), Apple is now opening up its mobile ecosystem to third-party app stores, but with a 17% commission fee on all transactions, as well as a €0.50 charge per install after the first …
Feb. 1, 2024, 3:35 p.m.
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Konami Boosts Forecasts as Profits Surge 53% to $427 Million
Following a robust nine-month period, Konami has revised its financial year forecasts upwards, driven by an 11% increase in revenues and a 53% rise in profits. For the nine months ending December 31, 2023, the Japanese publisher reported a business profit of ¥62.8 billion ($427 million), representing a 53% year-on-year increase, and an operating profit of ¥59.6 billion ($405.2 million), up 59% fr…
Feb. 1, 2024, 1:01 p.m.
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Douglas Morin Steps Down as Devolver Digital CEO
Douglas Morin has relinquished his position as CEO of Devolver Digital after a tenure of over two years. Morin first joined the company in 2020 as Chief of Staff and played an instrumental role in Devolver's initial public offering in November 2021. He will be succeeded by co-founder Harry Miller, who previously held the CEO position and has been serving as executive chairman. Miller has an exten…
Feb. 1, 2024, 12:20 p.m.