Supercell makes $852M on $2.24 billion in 2021 revenue
Supercell reported its revenues hit $2.24 billion (€1.89 billion, up 51%) and before-tax profits of $852 million (up 84%) for 2021, compared with $1.48...
Dapper Labs: Minting NFTs on Flow takes less energy than a Google Search
Dapper Labs said that minting nonfungible tokens (NFTs) on Flow takes less energy than a Google Search or an Instagram post. Deloitte Canada confirmed...
Kyro raises $10M for next-gen crypto marketplace platform
Kyro Digital has secured $10 million in funding for its software-as-a-service platform for crypto marketplaces. The funds came from large blockchain companies and crypto...
Sony forecasts lower PS5 sales due to chip shortages again
In its third-fiscal quarter earnings today, Sony reported that its game revenues slipped in the quarter versus a year ago, and it lowered its...
EA’s calendar Q4 bookings grow 7% to $2.577B
Electronic Arts met expected earnings today for the third fiscal quarter ended December 31, as the game publisher saw big engagement with its existing...
What’s it going to take to get cryptocurrency widely accepted?
The metaverse doesn’t quite exist yet, but it’s just the dusk before the dawn. And when it does finally burst into life, commerce and...
Why diversification of portfolios is top of mind for gaming studios
To drive user acquisition, all gaming companies are looking to go cross-platform and create new touchpoints for players across any type of console or...
Take-Two stock down in wake of Zynga purchase, Zelnick not bothered
Take-Two boss Strauss Zelnick appeared on CNBC to talk about his company’s stock following the $12.7 billion Zynga acquisition. Take-Two purchased Zynga at a...
Drake Star Partners: Game deals topped $85B across 1,159 transactions in 2021
Game industries deals surpassed an unparalleled $85 billion across 1,159 transactions in 2021, according to a report by investment bank Drake Star Partners. The...
Alexis Ohanian and Polygon will invest $200M in decentralized social media
Polygon and Alexis Ohanian’s Seven Seven Six will invest $200 million in social media projects that take advantage of blockchain technologies. The partners will...