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.
Latest Gaming News
Coinspeaker provides you with daily breaking news on games, casinos, dApps, etc. as we bring you closer to the exciting gaming world.
Animoca Brands announced that it is shutting down the operations of F1 Delta Time and will allow users to swap their NFTs against REVV NFTs.
The Celestials Stellar Club NFT project has a robust roadmap starting with the protocol launch and awareness campaigns with partners and crypto influencers in the first quarter of this year.
The company said that the upcoming Pokemon games will be an open-world adventure marking a new evolutionary step in the Pokemon series.
Warner revealed the collaboration with Splinterlands to fuse blockchain and music by letting artists develop unique blockchain games.
FTX Gaming would encourage the merger between the crypto, blockchain, and crypto industries to support growth across these sectors.
The Guild Accelerator Program will run on Launchpad Luna. Applications are open until the end of February. Richard Robinson, entrepreneur-in-residence at Animoca Brands, will be in charge of the program.
Zynga’s NFT Gaming plans will create more employment roles, such as creative director. The firm plans to expand the blockchain gaming team from the current 15 people to as many as 100.
Since its launch in 2019, Gala Games has been growing steadily. Currently, the platform has about 1.3 million monthly active users and has sold up to 26,000 NFTs.
Nintendo might introduce blockchain when it is completely sure of it enhancing the end-user experience.
Newspaper powerhouse The New York Times has acquired word-guessing sensation Wordle owing to its immense popularity in a relatively short period of time.
CropBytes wants to build a functional and responsive ecosystem that will serve as a reference point in the Play-2-Earn and gaming world in the near future.
Acquiring Activision Blizzard, Microsoft will be the owner of all the structural parts of the game company. In addition, once the transaction is closed, Microsoft will become the world’s third-largest gaming company by revenue.
An announcement made by Binance disclosed that the new investment fund would see Nine Chronicles strengthen its team and product suite.
Take-Two is looking to leverage its partnership with leading developer Zynga in the video gaming space with this acquisition.
To celebrate the launch of the Paris World metaverse, Hilton will host a party on New Year’s Eve. It will take place online, with Hilton’s avatar serving as a DJ, playing an electronic music set all across New Year’s Eve.