Shares of GameStop Corp. (NYSE: GME) surged more than 16% in Tuesday’s extended trading after chairman Ryan Cohen raised his stake in the videogame retailer.
Streaming giant Netflix Inc (NASDAQ: NFLX) has made its intention to expand into the video game space known. With a light slate of games currently available, news that Netflix is releasing a first-person shooter game could be well received by gamers and investors.
Founder of major crypto investment firm DeFiance Capital, “Arthur_0x”, has suffered a hack on one of his hot wallets resulting in the loss of more than $1.6 million in nonfungible tokens (NFTs) and crypto, as he announced in a tweet on March 22.
International Game Technology PLC (NYSE:IGT) subsidiary, IGT Global Services Limited, has signed a six-year contract with lottery operator Singapore Pools. Under the…
GameStop Corporation (NYSE: GME) has learned from the “mistakes of the past decade” when it failed to adapt to the future of gaming, CEO Matt Furlong said on the company’s fourth-quarter earnings call on Thursday.
In January 2021, a group of retail traders from the Reddit page r/wallstreetbets had collectively sent the share price of GameStop (NYSE: GME) to all-time highs, causing hedge fund managers and institutional investors who shorted the stock to lose millions of dollars.
Sports betting companies are in the midst of a fierce customer acquisition battle in which gaming companies aim to take market share as legalization expands across the United States. Rivalry Corp (Pink: RVLCF) is taking a different approach by focusing on esports.
Macau casino stocks have taken a beating so far in 2022, but the selling pressure has intensified in recent days. On Tuesday, Bank of America analyst Shaun Kelley highlighted at least four reasons investors are dumping Macau stocks.