PTON Stock Up 7%, Peloton Set to Venture Video Game Business
The new idea is to venture into the video gaming business to help Peloton diversify into more revenue returning avenues amid Covid-19 market recovery.
Gaming News
Explore the latest news from the world of gaming that include reviews of the most exciting releases, coverage of the major updates and key related topics 
Netflix Dives into Video Games to Entice More Subscribers, NFLX Stock Up 2% in Pre-market
By moving into game developments, Netflix believes that this would be another way of luring new subscribers and also keeping the old ones.
Blockchain Gaming Firm Gala Games Partners with Binance Smart Chain
By Kofi Ansah
Gala Games in a statement revealed that the greater degree of control over the gaming experience is vital to the company’s core mission of empowering users.
eGame Forms Alliance with Jasmy
By Andy Watson
eGAME is ready to take place AMA (ask me anything) with engineers and Jasmy at the official eGame Telegram Community.
Discord Acquires Ubiquity6, Takes Over Backyard and Other Apps
After raising approximately $38 million from investors, augmented reality (AR) startup Ubiquity6 has been acquired by gaming chat app Discord.
Amazon Unveils Luna Cloud Gaming Service, Analysts Project 10% AMZN Stock Rise by September
Amazon streaming hours on Prime Video are up 70% year-over-year and therefore, Luna is expected to positively impact sales.
Mythical Games to Launch NFT Platform Following $75M Funding Round
By Daria Rud
Mythical Games believes that the future of the gaming industry is in the development of NFTs. Therefore, it is launching an NFT platform to further drive mass adoption of ownership in games as well as enhance the growth of its first game, Blankos Block Party.
How to Earn Money while Conquering in Faraland RPG
By Andy Watson
Faraland is the first NFT integrated game built on Binance Smart Chain, which inherently means that the marketplace slippage will be minimal compared to Voxies.
What’s Up With Pasino?
The crypto casino industry is constantly expanding and keeps presenting lots of new projects every single day, with new impressive features and innovative approaches.
My Neighbor Alice Announces First Virtual Land Sale
My Neighbor Alice indicated only 50% of the available land will be for sale, whilst the rest will be up for rental purposes.
Gaming News
Get real-time access to the latest news and information from the gaming world, including reviews of the new intriguing updates, releases, and coverage on mobile games, video games, casinos, and other key subjects on gaming.
With estimation pointing to a total market capitalization of 300 billion USD by 2025, the gaming industry is one that is rapidly growing and garnering the interest of several investors and tech stakeholders alike. With over three billion gamers across the globe, one can only expect the gaming and casino platforms to grow even bigger in the coming years.
Gaming is often categorized under the entertainment industry as many see both as a means of having fun. For example, Sony’s Playstation consoles offer a combination of video games, music, videos, internet, streaming, etc.
Since there are so many online games whose registration happens to be absolutely free, one would think that the gaming companies are not making much revenue off such games when users play. But that’s not the case, these firms have devised several means of making money through the purchase of in-play gems, coins, and other items.
Other than the predictable and great development of the gaming world, it is intriguing to take note of the fact that there has been a change in sources of income in the business recently. The casino and gaming business used to make the vast majority of its funds from online games, but has seen its income originate from an alternate means and point of view lately.
In the U.S., which boasts of being the biggest computer game market in the globe, the game industry was valued at about 18 billion dollars in 2017 and recorded over 2,450 firms of over 200,000 employees.
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