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Blaze Entertainment Falls Victim to Robbery, With Evercade Units Stolen
A recent robbery has affected Blaze Entertainment, the company behind the Evercade console, with a significant quantity of stock stolen on December 6. According to a statement from the firm, a lorry carrying limited edition Evercade EXP units was the subject of a suspected targeted attack. Although the full extent of the incident is unclear, reports suggest that over £500,000 worth of hardware wa…
Dec. 8, 2022, 2:22 p.m.
News
Withdrawal of Lawsuit Against ZA/UM Majority Shareholder
Kaur Kender, a partner at ZA/UM and producer of Disco Elysium, has dropped a lawsuit against Tütreke, the majority shareholder of the company. The lawsuit, which surfaced last month, alleged that ZA/UM CEO Ilmar Kompus had deceived Kender out of €1 million as part of a larger scheme to gain control of the studio. According to ZA/UM, Kender's claims will not be pursued in Estonian courts, with the…
Dec. 8, 2022, 1:59 p.m.
News
GameStop's Q3 Losses Persist
GameStop, a leading video game retailer, has reported continued year-over-year losses in its third quarter. The company's financial results for the three-month period ending October 29, 2022, revealed the following key statistics: - Net sales totaled $1.2 billion, representing an 8% decrease from the same period last year - The net loss stood at $94.7 million, down 10% year-over-year - …
Dec. 8, 2022, 12:06 p.m.
News
Embracer Group Granted Nasdaq Stockholm Listing Approval
Embracer Group has received approval for listing on Nasdaq Stockholm, the premier market for Nordic companies. The first trading day is set for December 22. Previously listed on Nasdaq First North Growth Market, Embracer's last day on this platform will be December 21. Since its initial listing in November 2016 under the name THQ Nordic AB, the company has undergone significant growth. The initia…
Dec. 8, 2022, 11:09 a.m.
News
Activision Blizzard Unveils 2022 Diversity and Inclusion Statistics
Activision Blizzard, the developer behind Call of Duty, has published its 2022 diversity and inclusion report. This year's edition features data on non-binary full-time employees, marking a new step in the company's efforts to foster a more inclusive work environment. According to the report, women and non-binary individuals now account for 26% of the company's workforce, up from 24% in 2021. The…
Dec. 7, 2022, 8:57 p.m.
News
Sega of America Expands with New California-Based Headquarters
Sega of America has unveiled the opening of its new office in Irvine, California, bringing together the internal publishing departments of Sega and its subsidiary Atlus under one roof. Global CEO Shuji Utsumi stated, "The inauguration of our new Sega of America headquarters marks the beginning of an exciting new era for a brand that has been a cornerstone of the gaming world." Utsumi emphasized t…
Dec. 7, 2022, 6:42 p.m.
News
Keywords Studios Expands Global Reach with New Romanian Office
Keywords Studios, a leading gaming publisher, has unveiled its newest location in Bucharest, Romania, as part of its efforts to expand its global footprint. This move comes on the heels of the company's acquisition of art studio AMC last year. According to Vlad Alexandru, head of studio, "Our goal is to play a key role in fostering the growth of Romania's gaming industry, providing local talent…
Dec. 7, 2022, 4:06 p.m.
News
Rising Tides of Online Gaming Harassment: A Troubling Trend
This article contains explicit descriptions of racist and white supremacist encounters in online games. The Anti-Defamation League's latest report on hate and harassment in online gaming reveals a fourth consecutive year of increased harassment, with 86% of adults aged 18-45 and 66% of teens experiencing online harassment in the past six months. The survey also notes a significant rise in white s…
Dec. 7, 2022, 3:52 p.m.
News
PUBG Mobile and Genshin Impact Achieve Significant Revenue Milestones
The mobile gaming landscape has witnessed significant revenue achievements, with PUBG Mobile reaching a lifetime revenue of $9 billion and Genshin Impact hitting the $4 billion mark. According to Sensor Tower's data, PUBG Mobile has accumulated 1.1 billion global installs across the App Store and Google Play since its launch in March 2018. Between January and September 2022, the game saw 104.4 mi…
Dec. 7, 2022, 3:15 p.m.
News
Gankster Secures $4 Million in Seed Funding
Gankster, a competitive gaming platform, has successfully raised $4 million in its seed funding round. Established in 2021, the Israel-based company provides users with the ability to create teams, monitor match statistics, and discover competitive opportunities. The funding round was spearheaded by Bessemer Venture Partners and Hetz Ventures, with additional participation from Overwolf and Samsu…
Dec. 7, 2022, 3:14 p.m.