TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Twitch content at all-time high; Japan plans esports expansion; and controversy over Gearbox bonuses. Twitch content at all-time high Streamlabs and Stream Hatchet will report later today (2nd April 2020) in their Q1 2020 live streaming industry report that content consumption across the major streaming platforms, namely Twitch; Mixer; Facebook Gaming; and YouTube Gaming Live, has increased substantially during the quarter. Market-leader Twitch has surpassed its records for [...]

In this special exclusive contributed piece, Dimoso CEO Jacki Vause considers the fine art of publishing mobile games to China. Vause is a widely respected veteran of the tech, mobile and PR space, has been named one of PCR’s Top-30 Women in Mobile, and is an experienced entrepreneur and founder. — China should be considered by all mobile games developers who are looking to take their games global. Over the years I have represented many developers and publishers both from the East [...]

As part of the recent UK budget, the government confirmed that it is pressing ahead with its somewhat controversial Digital Services Tax. As reported by the Financial times, the UK plans to raise £500m a year by applying the tax primarily to large US tech companies. It is being seen as a means to secure money in relation to allegations that many large tech outfits are not paying enough tax in the areas in which they operate, instead using low tax [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft focusing on subscribers over consoles; UK VGTR spend hits £582.6m; and ironSource opens mobile game studio. Microsoft focusing on subscribers over consoles Microsoft is focusing less on its hardware devices and is instead more closely examining how to appeal to a wider gaming audience, most preeminently through its Game Pass subscription service, according to comments made by its executive vice president of gaming Phil Spencer on Gamertag [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony gaming revenue declines; 1570 game approvals by China in 2019; and Supercell invests €1m (£846,000) in Wild Games. Sony gaming revenue declines Sony gaming and network services revenue for the third quarter of the financial year has fallen by 20% year-on-year to JP¥632.1bn (£4.451bn), with operating income declining by 36.6% to JP¥53.5bn (£367m), according to the Japanese conglomerate’s published results. The decline has been attributed to foreign [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: UK trade bodies respond to immigration proposals; Animoca Brands reports AUD$25.1m (£12.7m) receipts from customers; Barclays to offer VGTR loans; and Ubisoft acquires Kolibri Games. UK trade bodies respond to immigration proposals Video game industry bodies The Association for UK Interactive Entertainment (UKIE) and The Independent Game Developers’ Association (TIGA) has issued responses to the report released by the Migration Advisory Committee (MAC) examining the potential implementation of [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Facebook Gaming increases audience share; China regulators launch mental health initiative targeting gaming; Pokemon GO generated USD$894m (£684m) in 2019; and Hamburg launches €2.08m (£1.77m) developer fund. Facebook Gaming increases audience share Facebook Gaming increased its audience share of its streaming market by 210% year-on-year during 2019, reaching 102 million total hours watched in December alone, according to figures released in the Q4 State of Streaming report by [...]

Video game tax credits have been withdrawn in the Canadian province of Alberta after just one year. Tax credits – also known as tax breaks – have existed in the game industry for many years, but have in recent months come under increasing scrutiny from those that deem that they are sometimes equatable to tax avoidance. In Alberta, the New Democratic Party rolled out its ‘Digital Media Tax Credit’ scheme local game developers in 2019, writes CBC. However, the NDP lost the [...]

UK inflation growth slowed considerably through August 2019, with the falling price of video games highlighted as a significant factor. While UK inflation growth hit 2.1% in July the same year, through August it slowed to a rate of 1.7%, as reported by the government run Office for National Statistics (ONS). As detailed by the BBC, the stalling growth saw the pound go down 0.41% against the dollar to USD$1.2450. The ONS report points to the ‘recreation and culture’ space causing the largest [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Anger over tax relief for Rockstar North; calls for industry to counter ‘skin betting’ sites; Valve disables TFS inventories due to item-drop bug. Anger over tax relief for Rockstar Rockstar North is facing criticism after it was revealed that the Grand Theft Auto developer has not paid tax in the UK since 2009 despite receiving £42m in subsidies aimed at ‘culturally British’ games in the last three years, according [...]