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Asia's Gaming Industry to Reach $41 Billion by 2026, According to Niko Partners
A recent study by Niko Partners forecasts that the Asia-10 gaming market, comprising Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Chinese Taipei, Japan, Korea, and India, will achieve $41 billion in consumer spending by 2026. In 2022, the region's gaming market is expected to generate $36 billion in revenue, with Japan and Korea accounting for 77% of the total. The number of pl…
Nov. 21, 2022, 4:36 p.m.
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Ireland Introduces Tax Incentive for Video Game Development
Ireland has introduced a new tax credit scheme aimed at supporting the country's game development industry. The initiative, known as the Tax Credit for Digital Games, allows eligible companies to claim back 32% of the costs associated with designing, producing, and testing digital games. The refundable corporation tax credit has a maximum limit of €25 million per project, with a minimum expenditu…
Nov. 21, 2022, 2:08 p.m.
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Desert Bus for Hope Charity Event Surpasses Last Year's Record with $1.1 Million Raised
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Nov. 21, 2022, 10:53 a.m.
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Rockstar Prohibits NFTs in Updated GTA Online Roleplay Server Guidelines
Rockstar Games has outlined the dos and don'ts for Grand Theft Auto Online players on roleplay servers. In a recent update on its support page, the company confirmed that it permits third-party roleplay servers, where players engage in immersive role-playing experiences. However, under Take-Two's enforcement policy, certain activities are strictly forbidden. These include commercial exploitation,…
Nov. 21, 2022, 10:30 a.m.
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Google allegedly paid millions to top game developers to prevent them from launching rival app stores
According to a recent report, Google has invested hundreds of millions of dollars in agreements with prominent game developers to discourage them from creating their own app stores for Android devices. This information was uncovered in an unredacted version of Epic's 2020 lawsuit against Google, which was reviewed by Reuters. The documents reveal that Google paid $360 million to Activision Blizza…
Nov. 21, 2022, 9:06 a.m.
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NetEase Pours Investment into PlayPulse, a Gaming Fitness Bike Company
Norwegian startup PlayPulse has secured investment from NetEase, as announced yesterday. The funding will facilitate the launch of PlayPulse's inaugural product, the PlayPulse One exercise bike, scheduled for early next year. The bike, priced at $1,600 for preorders, features a built-in touchscreen display and handlebar game controls, allowing users to engage with customized games that respond to…
Nov. 18, 2022, 7:54 p.m.
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Exploring the Future of Virtual Reality with Resolution's Tommy Palm
The Playable Futures Podcast's second episode features a conversation between games journalist Will Freeman and Tommy Palm, founder and CEO of Resolution Games, focusing on the future of virtual reality. As the creator of the highly successful Candy Crush Saga, Palm has shifted his attention to virtual reality, particularly with Resolution's new multiplayer VR experience, Ultimechs. With over ten…
Nov. 18, 2022, 3:43 p.m.
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Extension of French Tax Relief Scheme for Video Games Until 2028
France has prolonged its tax credit initiative for video game development by six years, now set to expire on December 31, 2028, as announced by Minister for Digital Transition Jean-Noël Barrot during Paris Game Week. The eligibility criteria have been revised for greater accessibility and efficiency, with added emphasis on novel concepts, technological innovation, and projects showcasing European…
Nov. 18, 2022, 3:20 p.m.
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Splatoon 3 Surpasses 3 Million Sales in Japan Within Two Months
In Japan, Splatoon 3 maintained its dominance in the physical game charts for October, as reported by Famitsu. Following its release on September 9, the game continued to perform well, selling an additional 492,566 copies from September 26 to October 30. As of October 30, the total physical sales of Splatoon 3 in Japan have exceeded 3.23 million copies. The rest of the charts saw several new entr…
Nov. 18, 2022, 12:12 p.m.
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Insider Trading Allegations Lead to Arrest of Sonic Creator Yuji Naka
Yuji Naka, the visionary behind Sonic the Hedgehog and a former Square Enix employee, has been taken into custody on suspicion of insider trading. According to reports from Japanese news outlet FNN, Naka's arrest is connected to a case involving Square Enix's collaboration with Aiming, a Japanese development studio. At the time of the partnership, which involved the development of Dragon Quest Ta…
Nov. 18, 2022, 10:05 a.m.