The global game industry is forecasted to reach $159 billion in 2020 with a 9.3% increase from the last year and eSports betting is expected to reach $14 billion this year globally. Besides betting, all segments of eSports are increasing globally with sponsorship the biggest portion. According to Newzoo, eSports revenue was $957.5 million in…Read More eSports Review
There’s never been a better time to be a game developer. Last month, as millions of Americans lost their jobs or experienced pay cuts, game sales reached $977 million. That’s a 52% increase from a year earlier, according to research firm NPD. Sales have increased 18% so far this year. With a captive audience stuck…Read More Investment Opportunities for Game Companies in the Age of Coronavirus
With the cancellation of all live sporting events due to the coronavirus pandemic, eSports organizers are adopting an online only approach to video game tournaments. This isn’t hard, of course, because unlike traditional sports, professional video game tournaments can be played online and don’t require participants and fans to be in a single, physical location. Impact…Read More A Change in Scenery for eSports Organizers and Fans
While the strong growth and domestic dominance of Chinese tech titans Alibaba and Tencent is no surprise to watchers of the Chinese market, these companies haven’t always received the attention they might deserve in the Western media. But that looks to be changing. On the heels of strong earnings announcements from both companies this week, the…Read More Chinese Giants Gaining Attention in Western Media
A new report from Newzoo (as reported by VentureBeat) shows the extreme growth of “hi-fi” mobile games. Unlike many earlier and contemporary titles, these games feature high quality graphics and sound, and are stretching the technical boundaries of mobile game development. According to the study, “In North America, the top grossing mobile games grew 8.5…Read More The Future of Mobile Gaming
After a busy first half of 2017, mobile gaming M&A activity has moved from too-hot-to-touch to a still very warm simmer. Here’s our summary of recent mobile gaming M&A activity. The biggest recent news is Tencent’s rumored acquisition of Angry Birds developer Rovio, for an amount reported to be around $3 billion. There’s speculation that…Read More Mobile Gaming M&A News Roundup – June 23
With the recent flurry of M&A activity around mobile gaming companies, we thought it might be interesting to take a look at our list of notable mobile games-related transactions from 2015 through June 2017. Why pick 2015 as a starting date? While the decision was somewhat arbitrary, there are two reasons we chose that year.…Read More List of Acquisitions of Mobile Game Companies in the West
It’s been a big couple of weeks for games investments. From Google’s acquisition of Owlchemy Labs to Softbank’s investment in game technology company Improbable, plus a host of other investments and publishing deals, game companies are starting to feel even hotter as investment targets. It’s no secret that much of this investment is being led…Read More Games M&A Heats Up: What’s Driving Recent Activity?