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GameStop to Sell Out of PlayStation VR Goggles

GameStop expects to sell out of Sony’s PlayStation virtual reality goggles by Sunday, Chief Operating Officer Tony Bartel said in an interview. The Grapevine, Texas-based operator of computer game stores has asked Sony to supply more of the headsets, the executive said. PlayStation VR, which is used in conjunction with Sony’s PlayStation game console, went […]

GameStop Acquires 507 AT&T Stores

GameStop Corp. have acquired 507 AT&T wireless stores as part of a drive to diversify and reduce its dependence on sales of video games. The stores are located in 26 states, with the biggest share in Texas, Missouri and Oklahoma. Tony Bartel, GameStop’s chief operating officer declined to reveal the purchase price, but said it […]

Nintendo Shares Jump 9.5% on Pokemon GO Phenomenon

Shares in Nintendo Co. jumped as much as 9.5% in early trade on Thursday, powered by ongoing hopes for its new Pokemon GO mobile game, which has become an instant hit after just over a week on the market in three countries. The augmented reality game, where players walk around real-life neighborhoods to hunt down […]

The Pokemon Go Phenomenon

Game developers around the world watched in astonishment as Pokemon Go, a mobile version of the beloved 1990s game from Nintendo Co., became an instant hit — rocketing to the most downloaded app on both Apple and Android phones. It’s too soon to say if its success will reshape the $25 billion mobile gaming industry, […]

Amazon Bets on Gamer Website Twitch in $970 Million Deal

Jeff Bezos is ramping up Amazon.com Inc.’s entertainment ambitions, buying video-game service Twitch Interactive Inc. in one of its biggest-ever acquisitions. Amazon said it’s paying $970 million in cash for the online gathering place for gamers. The deal, which trumped Google Inc.’s pursuit of the startup, is worth about $1.1 billion when including retention-related payouts, […]

Tablet Gaming Expected to Exceed $13.3 Billion by 2019

Worldwide revenue from tablet games is expected to more than triple by 2019 as mobile devices see improvements in graphics and storage capabilities and as more gamers seek the convenience of tablets over PCs, Juniper Research said. Juniper predicted that revenue from tablet games will reach $13.3 billion, up from $3.6 billion this year. Juniper […]

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