Social games developer Zynga has completed its acquisition of Peak, the mobile gaming business behind the Toon Blast and Toy Blast game franchises, for a total purchase price of $1.85bn (£1.48bn/€1.65bn).
South Korean social gaming giant DoubleU Games has announced that it will put plans to list its social casino subsidiary DoubleDown Interactive on the Nasdaq stock exchange on hold, blaming economic uncertainty.
California-based parent Rebecca Taylor has filed a class action complaint against tech giant Apple, alleging that by providing games containing loot box mechanisms through its App Store, Apple is complicit in or guilty of promoting gambling products to children.
Andrew Wilkie, the Independent Australian Member of Parliament for Clark, Tasmania, has launched a push to have social casino games outlawed across Australia, in an effort to reduce gambling-related harm in the nation.
The Iowa Tribe of Oklahoma, has launched a new social casino product powered by Betconstruct, with the deal also allowing for the supplier to provide sports betting technology to the tribe’s non-profit igaming solutions arm GreySnow Group.
Churchill Downs Incorporated (CDI), the former owner of social gaming studio Big Fish Games, and Aristocrat Leisure, its current owner, have entered into an agreement in principle to settle two class-action suits related to the business.
bV1sion provides an exclusive overview of the social casino market, including market GGR forecasts, regional split and growth rates, as well as the impact of the Covid-19 lockdown with bV1sion now forecasting upside to 2020 growth expectations
Social gaming solutions provider Golden Matrix Group has licensed its GM-X platform to 24 new clients, and expects this number to grow significantly, as operators shift online amid the shutdown resulting from novel coronavirus (Covid-19).
Free-to-play has existed for two decades now, so why do questions persist over its sustainability? Sam Forrest argues that the model can be profitable, provided that operators focus on engaging players for the long term and treat payers and non-payers fairly