Game stocks rebound and M&A rises while game investments drop | Drake Star Partners

Gaming stocks recovered during the second quarter of 2025 and M&A activity rose in tandem, but game investments continued to lag, according to a report by Drake Star Partners.

The report in the Drake Star Gaming Index validates other independent data from Aream & Co., which reported Q2 data yesterday. Here’s a comparison to Q1.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.