Epic Games Store Reportedly Won’t Be Profitable Until 2027
Documents from the Apple-Epic Games lawsuit have revealed new information about the Epic Games Store. According to the court case,Continue Reading
Tag: 2020
TGS Esports Breaks Monthly Revenue Record In July
On August 5th, TGS Esports Inc announced the company generated over $282K of revenue in July. This number is greaterContinue Reading
Cloud Gaming Market To Hit $1.861B by 2028
GSMA Intelligence recently released a survey entitled “Cloud Gaming Market, 2021-2028”. In this report, it was revealed that the cloudContinue Reading
Global Esports Audience To Grow To 474M People In 2021
New research shows that the global esports audience has been growing over the last few years and shows no signsContinue Reading
Report: Smartphone Games Generated $74.9B In 2020
According to recent research provided by 123scommesse, smartphone gaming generated $74.9 billion in 2020. The study indicates that this made upContinue Reading
Report: Gaming Deals Exceeded $60B In First Half Of 2021
According to the investment bank Drake Star Partners, gaming deals and sponsorships exceeded $60 billion through the first six monthsContinue Reading
“Valheim” Gives Embracer Group Big Boost In Net Sales
On May 20th, Embracer Group unveiled its fourth quarter and fiscal year earnings. The company has sold 6.8 million copiesContinue Reading
U.S. Gaming Audience Cut In Half From 2020 To 2021
The NPD group recently released its 2021 Evolution of Entertainment report. In this study, it was revealed that the numberContinue Reading
DarkZero Esports And Aim Lab Create “Rainbow Six: Siege” Training Program
DarkZero Esports and Aim Lab have recently launched a Rainbow Six: Siege training program. This comes as part of anContinue Reading
Luckbox CEO Departs From Company Following Reported Net Loss Of $4.54M
Luckbox recently announced that their CEO, Quentin Martin, left the company. This news comes just days after Real Luck Group,Continue Reading
“Cyberpunk 2077” Makes Its Return To The PlayStation Store
On June 15th, game developer CD Projekt announced Cyberpunk 2077 would be making its return to the PlayStation Store. TheContinue Reading
Newzoo Says Global Gaming Market Will Shrink In 2021
For the first time in several years, the global gaming market is expected to shrink in 2021. This news comesContinue Reading
Xbox Reports 50% Increase In Gaming Revenue Over The Last Year
Gaming giant Xbox has reportedly had a great 2020 and is also off to a good start to begin 2021.Continue Reading
It Has Been A Busy Spring For Enthusiast Gaming
Enthusiast Gaming has been one of the busiest esports organizations in the world over the last few months. On MayContinue Reading
Sony Has Sold 7.8M PS5s Since 2020
Sony recently released the company’s fiscal earning report for 2020. According to the information provided by Sony, the organization hasContinue Reading
Hasbro Achieves “Very Good First Quarter” Numbers
Hasbro recently announced that first-quarter revenues for 2021 increased by 1% year-on-year to $1.11 billion. Hasbro said consumer product revenueContinue Reading
Drop-In Gaming Gives Casual Esports Players A Platform
Drop-In Gaming is working with esports communities around the globe to establish tournaments and competitions for more casual gamers. FoundedContinue Reading
IOC Announces First-Ever Olympic Virtual Series
On April 22nd, it was announced that the International Olympic Committee (IOC) has partnered with video game publishers and fiveContinue Reading
Nazara Technologies Experiences Huge Jump In First Part Of 2021 Fiscal Year
Nazara Technologies has reported an 84% increase in consolidated revenue for 2020-21. The company said it delivered consolidated revenue ofContinue Reading
Asetek Has Record Q1 Thanks To Gaming
Asetek, a computer cooling solutions company, recently reported a record-breaking $25 million in first-quarter revenue. This signifies a 174% increaseContinue Reading
Live Video Game Streaming Hit 8.8B Hours In Q1 2021
According to a recent report from 123scommesse.it, 8.8 billion hours of video games was streamed during the first quarter ofContinue Reading
Enterprise Gaming Eyes Growth And Fundraising
Houston-based esports organization Enterprise Gaming is looking for more investors as the company hopes to continue its fast-paced growth. TheContinue Reading
Super League Gaming Experiences Growth At A Terrible Price
Amateurs esports broadcasting company Super League Gaming recently reported massive growth in 2020, seeing revenues soar by 90% to $2.1Continue Reading
Epic Games Lost Almost $454M In 2019 And 2020 Combined On EGS
A recent court filing has revealed that Epic Games lost about $454 million in 2019 and 2020 on the EpicContinue Reading
“Death Stranding” Developer Reportedly In Talks With Xbox
According to reports from Hype Beast, it is rumored that Hideo Kojima, whose notable works include Metal Gear and DeathContinue Reading
China To Expand Gaming Sector In Hainan
On April 8th, China announced a slew of new measures to support economic and social growth in Hainan, an islandContinue Reading
Funding For Indian Online Gaming Platforms Hits Six-Year High
According to recent data from Tracxn, $131.1 million was invested into India’s online gaming sector in 2020, the most overContinue Reading
Report: Cloud Gaming Expected To Grow Fast In China
According to an industry report, the revenue of China’s cloud gaming market is expected to grow at a compound annualContinue Reading