Razer makes virtual currency push with $20M investment in Asian payment firm

 Razer has invested close to $20 million into Malaysia-based online payment firm MOL Global as part of a push to establish its virtual currency for gamers in Asia. The deal sees Razer subsidiary ZV-Midas buy equity from existing backers MOL Investment and Hotel Resort Enterprise in a deal that values the MOL Global business at around the $100 million mark. Gaming company Razer, which made… Read More

Mobile gaming sessions down 10 percent year-over-year, but revenue climbs

 The U.S. is leading the world in mobile gaming, accounting for 20 percent of all sessions played. That’s the word from a new industry report on the mobile gaming landscape, released this week from Flurry. That puts the U.S. ahead of markets including India, China, Brazil and Russia, it found. However, gaming sessions are dropping, even as the money to be made in games climbs, and the… Read More

SEGA’s new SEGA Forever collection brings classic games to mobile for free

 SEGA is bringing some of your favorite games to mobile in new, free-to-play formats that include ads as a way to drive revenue, support offline play and other more modern features like cloud saves. The games can also be rendered ad-free with a one-time $1.99 purchase, which is a really good deal given the pedigree of some of these titles, and what you might pay elsewhere to get re-released… Read More

Hasbro launches a subscription service for games

 Toy company Hasbro is belatedly entering the subscription service market with today’s launch of Hasbro Gaming Crate – a service that ships a themed box containing three board games to users every three months. The service, which costs $49.99 per crate, offers two options – one designed for adults in search of new party games, and another with games better suited for families.… Read More

What do E3 attendees think of mobile gaming?

 The smartphone has changed the gaming industry landscape dramatically. As our pocket computers advance, so too does the possibility of fully satisfying mobilegaming experiences. Companies like Nintendo are blurring the lines between portable and console/PC gaming with the Switch. At the same time, big studios have largely moved away from attempts to integrate mobile content into the home… Read More

Nostalgia still marks the way forward for Nintendo

 This year’s E3 was another perfect example. There was no new hardware for the show and a number of the company’s biggest games were previously announced. Nintendo’s online presser rolled out trailer after trailer of familiar faces, and yet the showing was widely regarded as a triumph for the gaming giant by the online community and many in the press. The big takeaway? Give… Read More

Mobile gaming company Scopely raises $60M

The Walking Dead Road to Survival - PVPCombat Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is joining Scopely’s board of directors, while… Read More