Bootstrap Gallery
  1. Home
  2. News
Latest News News 🔥
News
Global Gaming Market Projected to Experience 2.6% Growth in 2023
In summary, the global gaming market is projected to reach $187.7 billion in 2023, representing a 2.6% year-over-year increase. Mobile gaming revenue is expected to rise by 0.8% to $92.6 billion. Console gaming, however, is forecast to drive growth, with a 7.4% increase to $56.1 billion, driven by the release of highly anticipated titles such as Hogwarts Legacy, Zelda: Tears of the Kingdom, and F…
Aug. 8, 2023, 11:42 a.m.
News
Baldur's Gate 3 Achieves Milestone of 800,000 Concurrent Steam Players
Within days of its release, Baldur's Gate 3 saw a significant surge in player numbers, reaching a peak of over 800,000 concurrent players on Steam. According to data from SteamDB, as cited by PC Gamer, this feat has propelled the game into Steam's top ten for lifetime concurrent players, currently holding the ninth spot and surpassing Apex Legends in the process. With a peak of 814,666 concurrent…
Aug. 8, 2023, 10:42 a.m.
News
New Zealand Gives Green Light to Microsoft's Acquisition of Activision
The New Zealand Commerce Commission has granted approval for Microsoft's proposed takeover of Activision Blizzard, stating that the merger is unlikely to significantly reduce competition in the New Zealand market. The regulator based its decision on the importance of Activision's games, such as Call of Duty, Overwatch, and World of Warcraft, to New Zealand gamers, and assessed whether Microsoft w…
Aug. 8, 2023, 9:03 a.m.
News
Devolver Digital Postpones Multiple Game Releases to 2024
Devolver Digital has revealed that several games initially planned for 2023 will now be launched in 2024. The announcement was made during the Devolver Delayed Showcase, where the publisher confirmed that titles such as The Plucky Squire, Stick It To The Stickman, Skate Story, Anger Foot, and Pepper Grinder will be part of its 2024 lineup. Other games, including Gunbrella and Wizard with a Gun, a…
Aug. 8, 2023, 8:07 a.m.
News
Google Launches Application Process for 2023 Indie Games Fund in Latin America
Google has initiated the application process for its 2023 Indie Game Fund, a $2 million investment initiative aimed at supporting small game development studios in Latin America. Successful applicants will receive funding ranging from $150,000 to $200,000 to aid in the development of their games. According to Google, the program is targeted at independent game developers who have previously launc…
Aug. 7, 2023, 6:10 p.m.
News
Square Enix Reports 14% Increase in Q1 Sales
Square Enix has released its quarterly financial results for the period ending June 30, 2023, with key highlights including: - Net sales of ¥85.6 billion ($602 million), representing a 14% year-over-year increase - A net profit of ¥6.3 billion ($44.3 million), down 66% from the previous year - Digital Entertainment segment net sales of ¥62.3 billion ($438 million), up 16% year-over-year…
Aug. 7, 2023, 3:13 p.m.
News
PS5 Games Remain at the Top of the UK Charts
The UK physical game charts have seen PlayStation 5 titles maintain their dominance for the second consecutive week. According to GfK, the combination of summer sales and discounted bundles has led to an increase in the popularity of first-party PS5 games. Lego Star Wars: The Skywalker Saga, which was included in a PS5 bundle, experienced a 116% surge in sales, rising from sixth to first place an…
Aug. 7, 2023, 10:19 a.m.
News
Discover Italy's Thriving Gaming Industry with GamesIndustry.biz
Following a recent visit to First Playable in Italy, GamesIndustry.biz had the opportunity to connect with 14 game development studios, engage with the Italian trade association IIDEA, and gain valuable insights into the industry's growth and current state. Italy stands out as a significant player in the European video game market, ranking among the top five countries for game sales. However, it…
Aug. 7, 2023, 9:43 a.m.
News
Italy's Games Industry Sees 50% Growth in 2022
Italy's gaming sector employed over 2,400 professionals in 2022, marking a significant 50% increase from the previous year. Although the number may seem modest, it underscores the industry's rapid expansion. According to a recent report by the Italian trade association IIDEA, presented at the First Playable event in Florence, the introduction of tax incentives for game development in May 2021 has…
Aug. 7, 2023, 9:41 a.m.
News
Konami Maintains Steady Performance in Q1 Despite Decline in Game Sales
Konami recently released its financial report for the quarter ending June 30, 2023, revealing that the company's revenue is on par with last year's, while its gaming segment saw a decrease. Key financial highlights include: - Revenue: ¥72.6 billion ($510 million), representing a 1% year-over-year increase - Business profit: ¥17.2 billion ($121 million), up 21.7% year-over-year - Digital…
Aug. 7, 2023, 9:31 a.m.