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Report: One in Five Americans Are Social Gamers

Port Washington, N.Y. - One in five Americans, or some 56.8 million consumers, has played a game on a social network in the past three months,...

Roblox raises $520 million at $29.5 billion valuation, will go public...

VentureBeat reports: "User-generated game platform Roblox has raised $520 million in a new round of funding, and it will still go public through a...

Why Coca-Cola is Becoming the First Worldwide Founding Partner of Wild...

Digiday reports: "Coca-Cola has signed on as the first worldwide founding partner of Wild Rift, Riot Games’ popular mobile title, under a new, multi-year...

Rollic acquires matching game Onnect for $6m

Gamesindustry.biz reports: "Zynga subsidiary Rollic has acquired the matching game Onnect from Chef Game Studio." Read more

Embracer’s next three acquisitions are Demiurge Studios, Fractured Byte and SmartPhone...

GamesIndustry.biz reports: "Embracer Group has announced its latest acquisitions, with Demiurge Studios, Fractured Byte and SmartPhone Labs brought into the fold." Read more

Facebook, Zynga Face Lawsuits Over User ID Privacy Breach

New York - Facebook and social games giant Zynga are now facing federal lawsuits alleging they violated federal privacy laws by sharing personally-identifiable Facebook user IDs...

62% of all App Store revenue is generated from game transactions

Gamesindustry.biz reports: "Apple's App Store is fueled by gaming, with 62% of all revenue created by game purchases on the platform." Read more  

Jam City reportedly going public at $1.2 billion valuation

Gamesindustry.biz reports: "Mobile developer Jam City is reportedly acquiring Montreal-based studio Ludia, with the two companies combining with special purpose acquisition company DPCM Capital...

LIV Raises $8.5M in Series A Funding Round

Gamesindustry.biz reports: "Yesterday virtual reality livestreaming service LIV announced that it has raised $8.5 million in a Series A funding round. The platform allows...

GameStop hearing will include Robinhood and Reddit CEOs

CNET reports: "The House Financial Services Committee has announced the lineup for its GameStop hearing next week. The committee will hear testimony from Robinhood...