Financial News

Nintendo Switch Achieves Its Best Week of Sales Ever in the U.S.

Over Thanksgiving week (Nov. 24 to Nov. 30), the Nintendo Switch and Nintendo Switch Lite systems sold a combined total of more than 830,000 units in the U.S., according to internal data. This ranks a...

Online Poker VS Esports

The internet has been responsible for pivotal changes in shopping, entertainment and work in the past couple of decades. The ‘World Wide Web’ as it was once known, has also had a dramatic impact on on...

MYTHICAL GAMES RAISES ADDITIONAL $19 MILLION BRINGING TOTAL FUNDING TO $35 MILLION

Mythical Games (http://mythical.games), a next generation game technology studio specializing in digital ecosystems around player-owned economies, today announced that the company has closed an additi...

Proletariat Inc. Completes $20 Million Series C Financing Round

Proletariat, Inc., an award-winning independent game developer with the mission to create games that change the way communities play together, today announced the completion of a $20 million Series C ...

EVERSPACE™ 2 Hits $560,069 USD On Kickstarter With First Stretch Goal Unlocked

The Kickstarter campaign for EVERSPACE™ 2 with a funding goal of $493,000 USD – by far the most ambitious video game crowdfunding campaign from Germany this year – ended after a thrilling ...

Velocilinx Teams Up with Military Gaming League to Bring Premium Gaming Peripherals to the Military Community

Hardware developer Velocilinx is excited to be teaming up with the Military Gaming League and not-for-profit entities MilitaryGamers.com and Stack Up, the Military Gaming League, and the Military Game...

CALL OF DUTY: MODERN WARFARE DELIVERS BLOCKBUSTER OPENING WEEKEND, OVER $600 MILLION SELL-THROUGH IN FIRST THREE DAYS

Activision’s Call of Duty®: Modern Warfare® had more than $600 million in sell-through worldwide in its first three days of release. The title has sold more units in its first three days than any othe...

How Attracting Millennials To Casinos With Skills-Based Games Can Keep Business Booming

It should come as no surprise that every generation has different preferences when it comes to any hobby, including gambling. Brick and mortar casinos and games like slot machines were popular with th...

Millennial Esports expands audience with purchase of leading motorsport and gaming YouTube channel

Millennial Esports will expand its global esports and motorsport content creation and distribution platform by taking a controlling stake in leading automotive YouTube channel, LetsGoRacing. LetsGoRac...

Tencent to become largest shareholder in Funcom

Tencent, a leading Internet company with a strong online games operation, entered into a share purchase agreement to acquire 29% of the shares in Funcom, the independent developer and publisher of gam...

MTG VC Fund invests in Mightier, a Video Games Program Helping Children Cope with Symptoms Common to ADHD

Modern Times Group MTG AB’s (MTG) today announces a VC Fund investment of USD 250,000 in Mightier Games (Mightier), a Boston-based video games program exploring how games can help children ranging in ...

YUR Raises $1.1 Million and Launches its Beta on Oculus Quest and Mobile to Make Gamers Fit with VR

YUR “why you are” (https://yur.fit/), a leading virtual reality (“VR”) fitness company and community, announced today that it secured $1.1 million in pre-seed funding led by The Venture Reality Fund a...

X