Narwhal Accelerator launches to support game dev startups
Veterans of Xsolla and MyGames Venture Capital (MGVC) today announced the launch of a Narwhal Accelerator. This new accelerator aims to connect up-and-coming gaming...
Palworld hits 7M copies sold in 5 days
Palworld continues to be the surprise hit of 2024 with its latest announcement of seven million copies sold in five days. Previously, developer Pocketpair...
Immutable teams with Axelar for Web3 interoperability with 56 blockchains
Axelar and Immutable teamed up to create Web3 interoperability through a canonical bridge to Ethereum. Sydney, Australia-based Immutable said the integration announcement marks a...
Closed game deals hit record in 2023 but deal activity mixed in Q4 | Drake Star
In 2023, the value of closed game mergers and acquisitions hit a record of $86 billion, according to the Drake Star Global Gaming Report...
Roblox opens new Creator Store to speed game creation
Roblox launched its Creator Store, a new digital store for creators that replaces the previous Creator Marketplace. The user-generated content platform said the goal...
Subscriptions, live service games will slow down in 2024 | Newzoo
Newzoo today released its Market Trends report for the games industry in 2024, in which it predicts ways in which the industry will change...
ESL Faceit, Blizzard ally for the next chapter of Overwatch esports
Blizzard Entertainment and ESL Faceit Group are joining forces to operate the next chapter of Overwatch 2 esports: the Overwatch Champions Series. In this...
Endless Clouds will launch Web3 titles on Immutable zkEVM blockchain
Immutable and Endless Clouds have forged an alliance to launch blockchain-powered games in 2024. Sydney, Australia-based Immutable has been making many such announcements lately....
Launchbay Capital raises $100M VC fund for secondary growth investments
Launchbay Capital announced the first close of funding for its $100 million venture capital secondary growth fund. This means that London-based Launchbay Capital has...
Riot Games lays off 530 people as it focuses on high-impact projects
Riot Games cofounder/chief product officer Marc Merrill and CEO Dylan Jadeja announced in a post they have laid off 530 people at the company,...