Gaming Industry Continues to See RecordBreaking Sales, Despite Global


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Publisher Embracer Group let at least 900 staff go across its many studios, as well as closing veteran UK developer Free Radical Design. Epic Games, the creator of Fortnite, one of the most.


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But the physical release data makes clear that console gaming's digital transition is quickly approaching its end game. In the coming years, games released on physical media seem poised to become.


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An image showcasing the number of layoffs made through 2023 and early 2024. Each dot is a person laid off. (Image Credit: PC Gamer) It has been estimated that in 2023, a whopping 11,250 gaming industry workers were laid off. In January 2024, more than 6,000 people were made redundant across the industry. That trend didn't slow down, either.


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The state of risk in the gaming industry. Everywhere you look—evolving challenges in this ever-changing industry. It is an exciting time for the U.S. casino and gaming industry, which continued to enjoy revenue growth in 2023. Expansion of gaming also continued, with several states legalizing sports betting, the rollout of sports betting in.


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Gaming made over $184 billion last year, showing it's still a big deal. New ways to play, like virtual reality and cloud gaming, are coming out fast. Games now have things you can buy inside them, but not everyone thinks this is good. Some creators keep making new and exciting games that many people love. Players want games to be fun and fair.


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Far from it. Consider Riot Games, which produces League of Legends. "We're doubling down," said Nicolo Laurent, the company's chief executive. "We're hiring like crazy.". Then there.


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But the video game industry is richer than it's ever been, estimated to have brought in a whopping $180 billion in revenue last year, according to IDC data, far surpassing the global film business.


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The gaming industry is continually evolving, with new trends emerging each year that redefine entertainment and technology. As we delve into the current landscape of gaming in 2024, several key trends stand out, shaping the way we play, create, and experience games. Below are the notable trends, each with a subtitle for clarity, and links to.


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July 7, 2023. Maciej Grzymkowski. Gaming is a multi-billion dollar industry, and more people play games on a daily basis now than ever. Some AAA titles cost as much as Hollywood blockbusters to produce and often generate even more revenue than movies. And yet recently, the notion that gaming is dying has become quite popular among gamers, as.


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We look at the data to analyse the video games industry's current contradictory crisis. Feature by Christopher Dring Head of Games B2B. Published on Oct. 31, 2023. There appears to be two main.


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More than one-third of video game developers were impacted by layoffs in 2023, according to a new survey. With AI automation looming, the industry is facing an outflow of talent.


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The delayed game list for 2021 is comically long, affecting all three major systems and PC. Advance Wars 1 + 2: Re-Boot Camp, Dying Light 2, Horizon Forbidden West, God of War: Ragnarok, and.


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Video games are going for the win in 2023. After a sluggish 2022, the video gaming industry is set to unlock new levels of growth next year as more high-budget, high-profile games and next-generation consoles hit the market. In fact, 2023 is likely to be an inflection year, as long as publishers continue to drop new "triple-A games.


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Meanwhile, the share of the population that plays games has shrunk as well. Which leads to layoffs: The games industry shed 8,500 jobs in 2022 and a record 10,500 in 2023, Ball reports. That.


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30 years of gaming and all that is nerdy. I have loved not only the games, but all aspects of the industry. Everything from indie-game developers to AAA studios, the business and the politics.


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Now gaming is as normal as going to the movie theatre to watch a movie. Gaming is a form of entertainment and it has only been growing. I think what your seeing is just a paradigm shift from the type of gaming and gamers that we are used to. The "nerdy" type, you might say. Also, video game creation tools are more accessible than ever these.