GameStop Partners With Crypto Marketplace FTX Posts...

De things.cat
Salta a: navegació, cerca


The company has since overhauled its management in an effort to reverse years of languishing sales and has been bolstering its e-commerce capabilities as online shopping accelerated during the pandemic.

It would cause "far too much disruption" if any of the six operators were replaced, said Terry Ng, www.Sanatoria.Org an analyst at Daiwa in Hong Kong, although other industry watchers note the incumbents have left themselves vulnerable to an operator like Genting which lost out on a Macau licence in 2002.

Sept 7 (Reuters) - GameStop Corp on Wednesday reported a smaller-than-expected quarterly loss and a partnership with FTX US to increase its presence in the cryptocurrency space, sending the video game retailer's shares up 10% in extended trading.

"The proposed price for Unity appears well below its intrinsic value, and we would expect Unity to reject it for that reason," wrote Michael Pachter, analyst at Wedbush Securities. "We think interference with the ironSource acquisition is problematic, and will cause Unity´s board to tread very carefully before agreeing to a sale outright."

On PC gaming platform Steam, Cult of the Lamb has seen hundreds of thousands of downloads, and while Wilton can't reveal the exact figures due to Massive Monster's backing by UK-listed Devolver Digital, pre-sales numbers show the game has already recouped its investment costs.

Pressure builds on West Brom boss Steve Bruce after their... Preston 1-0 West Brom: Steve Bruce on the brink after Emil... With eight managers sacked inside the first 11 games - this... EXCLUSIVE: 'It was hard and I did wonder if I had made a...

Aug 9 (Reuters) - Gaming software company AppLovin Corp made an offer on Tuesday to buy its peer Unity Software Inc in a $17.54 billion all-stock deal, threatening to derail Unity's announced plan to acquire AppLovin's smaller competitor ironSource.

Genting´s strong non-gaming track record, including operating two of the largest theme parks in southeast Asia, would be a big draw for Beijing which has been urging Macau to diversify away from gambling and attract foreign tourists.

Shares of ironSource were down 11.21%. ironSource could receive $150 million in termination fee if Unity decides to walk away, according to the merger agreement. (Reporting by Eva Mathews and Nivedita Balu in Bengaluru, Krystal Hu in New York; Editing by Saumyadeb Chakrabarty, Mike Harrison and David Gregorio)

The radical shift is reflected in its recent deals including the $3.6 billion acquisition of Bungie, the studio behind the multiplayer "Destiny" franchise, which Sony operates outside its PlayStation Studios network.

Hulst, who is based in the Netherlands and took up his post in 2019, has overseen the growth of PlayStation Studios to 19 studios, with additions including Nixxes, which ports console games to PC, and mobile developer Savage Game Studios.
Genting "can offer the Macau government whatever they expressly said they wanted," versus the incumbents who have predominantly focused on Chinese VIPs, said Samuel Yin Shao Yang, an analyst at Maybank.

"Further investments in areas that will strengthen the expansion on to PC, on to mobile and into live services, that's definitely a possibility for us," Hermen Hulst, head of PlayStation Studios, told Reuters in an interview without providing further detail.

Bruce, 61, told the fan to act like a 'grown man' after he was 'shouting and bawling', while the fan claimed Bruce's son, Alex, who is first team assistant coach, raised his middle finger at him from the team bus.

If one of the incumbents lost their license it's likely to send tremors throughout Macau´s gambling industry as the companies have collectively invested more than $50 billion in the past two decades, are tied closely to the economic fortunes of the former Portuguese colony and employ tens of thousands of people.

The Malaysian group's multiple non-gaming investments in China, including a prominent ski resort that was used for the Beijing 2022 Winter Olympics, are also likely to bolster its chances, analysts said.
"Macau has been told over and over again to focus less on Chinese VIPs and more on non-gaming but they pretty much paid lip service to that idea. So now... they have to really make a hard divert to that philosophy," Yin said.

Sony, whose studios are known for single player console games such as "Spider-Man" and "God of War", has outlined ambitious plans to release titles on PC and mobile and offer live service games, which provide continuous updated play.

A shortened license period of 10 years from 20 years is also not a problem, Song said, as the government would re-allocate facilities and resources to Genting if it won a license, so they "don´t actually need to build everything from the ground." ($1 = 7.8498 Hong Kong dollars) (Reporting by Farah Master Editing by Shri Navaratnam)

If an incumbent loses their license, they must return the casino area to the government for free at the end of this year, making it financially unviable to operate the remaining facilities as gambling accounts for 80-90% of total revenue.