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Shukuo Ishikawa, Former President of Bandai Namco, Passes Away at 69
The former president of Bandai Namco, Shukuo Ishikawa, has passed away at the age of 69. In a statement, Bandai Namco announced that Ishikawa's death occurred on September 9, 2024, and expressed its deep appreciation for the support he received throughout his life. A private funeral was held, and the company has asked that no condolences or floral tributes be sent, in accordance with the family's…
Sept. 25, 2024, 7:39 p.m.
News
Ubisoft Adjusts Financial Projections Following Underwhelming Sales of Recent Titles
Ubisoft has revised its financial outlook, anticipating net bookings of approximately €1.95 billion, alongside break-even non-IFRS operating income and free cash flow. Initially, the company expected second-quarter net bookings to reach around €500 million, driven by the release of Assassin's Creed Shadows and Star Wars Outlaws in the 2024-25 lineup. However, due to softer-than-expected sales of …
Sept. 25, 2024, 4:32 p.m.
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Pixel Gun 3D Surpasses $210 Million in Revenue
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Sept. 25, 2024, 10:53 a.m.
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University of Oxford Research Reveals 72% of Gamers Experience Improved Mood While Playing
A collaborative study between the University of Oxford, FuturLab, and PowerWash Simulator discovered that 72% of participants reported an improvement in their mood during gaming sessions. The study, published in the Games: Research and Practice Journal, analyzed data from 8,695 players across 39 countries, including the US, UK, Canada, and Germany. Players reported their well-being across 67,328 …
Sept. 25, 2024, 10:12 a.m.
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Hood: Outlaws and Legends Announces Impending Closure
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Sept. 25, 2024, 8:38 a.m.
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UK Watchdog Bans Five Ads Over Deceptive Claims
The UK's Advertising Standards Authority has taken action against five advertisements for social casino games, deeming them deceptive. The ads, which appeared on TikTok, were found to be misleading as they did not clearly state that players could not win or withdraw real money. The ASA investigated ads from several companies, including Gamehaus, Huuuge Global, and SpinX, after receiving intellige…
Sept. 24, 2024, 11:01 p.m.
News
SAG-AFTRA Initiates Strike Against League of Legends, Accuses Formosa of Unfair Labor Practices
Riot Games has released a statement claiming that the SAG-AFTRA complaint has no connection to League of Legends or any of their other games. In a statement to GamesIndustry.biz, the company clarified that since becoming a union project, League of Legends has only requested that Formosa work with union performers in the US and has never suggested otherwise. Additionally, they stated that they hav…
Sept. 24, 2024, 8:53 p.m.
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August 2024 Gaming Insights: Black Myth Wukong Leads Revenue Charts
According to Newzoo's analysis of six key markets in August 2024, Black Myth Wukong emerged as the highest-grossing game. The title also secured the top spot on the PC charts and ranked third on PlayStation, surpassed only by Fortnite and EA Sports Madden NFL 25. In contrast, The First Descendant witnessed a notable decline in revenue from June to August. Meanwhile, Fall Guys, Diablo 4, and World…
Sept. 24, 2024, 5:32 p.m.
News
Gamurs Group Announces Additional Layoffs Among Employees
According to an update from an affected employee, 30 staff members were let go at 8am via email and had their access to Slack and company email accounts terminated immediately. The layoff email cited unprecedented industry shifts, specifically referencing Google's 2023 Helpful Content update and the decline in Google search and Discover traffic across all sites. A message from Gamurs Group's CEO,…
Sept. 24, 2024, 2:38 p.m.
News
Pokémon Sleep Reaches $120 Million in Revenue
Fourteen months post-launch, Pokémon Sleep has garnered $120 million in revenue, as per AppMagic's data. Following the summer milestone of $100 million, the sleep-tracking application has accumulated an additional $20 million in revenue, as stated by PocketGamer. Japan holds the top position for player spending, accounting for approximately 74% of the revenue at $88.4 million. The United States a…
Sept. 24, 2024, 1:49 p.m.