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This week, Riot Games announced that it has canceled esports leagues for Wild Rift outside of Asia. According to the official press release , viewership for the mobile version of MOBA juggernaut League of Legends never reached expectations except in Asia, where, moving forward, Riot will focus its attention.
Her Nigerian-based studio aims to use the power of video games to engage and get future generations ready to pursue careers in gaming. So far she has facilitated the awards of esports athletes between the ages of 8 and 18 with rewards such as dedicated gaming laptops and Amazon vouchers.
The gaming industry has achieved significant milestones in recent years, and 2023 was no exception. Recent data has shown that 2023 has been among the best years in the gaming sector. It has the highest number of top-rated games in two decades, making it an exceptional year for the industry. But was it all rosy?
Top image: Marvel Strike Force by Scopely This week Savvy Games Group , a subsidiary of the Saudi Arabian government’s Public Investments Fund, announced that it agreed to purchase Scopely , a privately held mobilegame publisher, for $4.9 As expected, consolidation in gaming continues well into 2023.
Many believe that Gaming and Esports industry has taken a hard hit as the offices reopened after COVID-19, and the downfall of this industry has begun. The reason behind this is the portability of mobile devices and their affordability compared to other gaming devices available out there.
However, the report – titled Games Investment Review, and published every quarter – notes that these returns are consistent with the time of year, comparing well with other second quarters in recent years. Other deals in the offing include Savvy Games Group’s $4.9
In February, Ilkka Paananen, the beloved CEO of Supercell, and arguably one of the faces on the Mount Rushmore of MobileGames Executives, published his yearly blog post. All in all, Ilkka’s yearly blog is an inspirational and quite sincere vision of the top brass of a major mobilegames company. Having a service mindset.
As we look out to our plans for 2023, we will continue to increase marketing investment in our growth franchises while being disciplined and data-driven in how we allocate marketing capital. billion in September quarter but lowers outlook NCSoft invests $15M in Mysten Labs for Web3 gaming infrastructure Square Enix' s H1 sales dip to $1.1
We dive into decline of hypercasual games and hybridcasual, an attempt by mobilegame developers to adapt to the new normal in the industry. The space is now awash with a variety of publishers, including the aforementioned SayGames, Kwalee and Homa, as well as Rollic (also acquired by Zynga), Popcore and Good Job Games.
More importantly, it showed audiences worldwide that this 1400-year-old board game can be glamorous, resulting in over 3.2 million people signing up to the browser-turned-mobilegame Chess.com and a 603% leap in chess book sales in the US; it now even has an exclusive game on Netflix.
What game genres we can expect from this team is pure speculation at this point. Based on the team’s past experience, my prediction is that it will be a competitive eSports-oriented game , an angle where another ex-Riot team recently achieved success and that synergizes well with Supercell’s portfolio. billion revenue and 1.1
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