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MTG initiates a ‘strategic review’ of its gaming investments

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Modern Times Group, a Stockholm-based digital entertainment company, announced that it is doing a strategic review of its gaming portfolio, and it said it will explore listing as a public company in the U.S.

MTG said it is doing the “strategic review of its gaming vertical in order to evaluate the best route to crystalize value for shareholders.” The strategic review could result in a joint venture partnership for the gaming vertical to enhance its competitive position or that MTG fully transitions to become a global pure-play esports company. MTG was one of the most active game investors in the past year. It invested $11 million in seven game and esports startups in the first half of 2019.

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Written by

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.