In a bold move, Saudi Arabia has announced the establishment of two venture funds worth a staggering $120 million in collaboration with the Social Development Bank (SDB) at the LEAP tech conference in Riyadh. This initiative is part of the country’s Gaming and Esports Financing Programme, aimed at accelerating growth and amplifying the industry’s economic…
When Insomniac Games, the developers behind Spider-Man games, fell victim to a hacker attack last year, a treasure trove of information was unearthed. Among the leaks was a tempting trailer for a canceled live service game titled “Spider-Man: The Great Web” which is now circulating online. The footage reveals a multiplayer experience that brings together…
Will PS5 and Xbox Series X|S Be the Final Console Generation? Peter Moore, the former head of Microsoft’s Xbox division, has shared his thoughts on whether we’ll see dedicated gaming consoles after the current PlayStation 5 and Xbox Series X|S generation. In a recent interview with IGN, Moore revealed that as early as 2007 during…
At a recent Morgan Stanley Technology, Media, and Telecom Conference, JB Perrette, a Warner Bros. Discovery executive, shed light on the company’s plans to expand its footprint in free-to-play and live service games. Historically, Warner Bros. Discovery’s gaming business has been heavily reliant on AAA console releases. While blockbuster hits like Hogwarts Legacy drive the company…
Microsoft’s latest Xbox Partner Preview event on March 6th, 2024, was an absolute showstopper, packed with mind-blowing announcements, jaw-dropping gameplay trailers, and tantalizing release dates. From long-awaited sequels to brand-new IPs, this 30-minute showcase left no stone unturned, delivering a comprehensive look at what’s in store for Xbox Series X, Windows PC, and Game Pass…
Last week, Nintendo filed a lawsuit against the developers of the leading Nintendo Switch emulator, Yuzu. The Japanese gaming giant accused Yuzu of facilitating piracy of its game setting the stage for a legal battle that many anticipated would shape the future of gaming emulation. However, in a surprising turn of events, the developers of Yuzu…
GameSquare Holdings recently announced the sale of its premier esports team, Complexity Gaming, to an investment group led by Complexity’s founder Jason Lake. This deal, worth $10.36 million, marks the end of an era for Complexity under GameSquare. Complexity’s Performance Under GameSquare After being acquired by GameSquare in 2021, Complexity saw tremendous growth under their…
Esports fans around the world were shocked when OpTic Gaming co-owner Hector “H3CZ” Rodriguez and star player Seth “Scump” Abner filed a lawsuit against game publisher Activision Blizzard last month. The lawsuit revealed some juicy details about Activision’s contract with Call of Duty League franchise owners, sparking speculation that the league’s revenue model could be…
According to a recent Bloomberg report, Rockstar is requiring all employees to return to working in the office five days a week starting in April. The reason? Rockstar wants to accelerate development and increase security as GTA VI enters the final stages of development. This return-to-office mandate comes on the heels of several high-profile leaks…
Live streaming giants Twitch and Kick were recently banned in Turkiye, allegedly over concerns that they promote unregulated gambling. The Bans On February 21, journalist Ibrahim Haskoloğlu reported on X that Kick had been blocked in Turkiye. He stated that “Turkish officials I spoke to said that Kick’s entry into Turkey was to attract Turkish…
