Roblox rival Rec Room to shut down after losses Tech A major rival to Roblox is shutting down after failing to turn its large user base into a profitable business, 10 years after its launch. Rec Room said it will close on June 1, despite having attracted more than 150 million players and creators and reaching a valuation of $3.5bn (£2.65bn) at its peak. In [...]
Games Workshop shares slip despite Warhammer sales surge Tech Games Workshop has dished the cash back to its shareholders after a record-breaking half-year performance driven by a surge in global demand for its Warhammer miniatures. The £6bn gaming giant – which entered the FTSE 100 in December 2024 – reported a 10.9 per cent increase in revenue, breaking £332m for the half-year ending 30 [...]
Football Manager: Losses quadruple after game cancelled Media Losses quadrupled at Sports Interactive after its decision to cancel the release of Football Manager 25, it has been revealed. The London-headquartered video game maker has posted a pre-tax loss of £8.5m for the 12 months to 31 March, 2025, according to new accounts filed with Companies House. The latest total comes after the business [...]
Ubisoft issues sales warning as gamers’ habits change November 17, 2025 The UK arm of Ubisoft has warned its sales will be lower for its current financial year thanks to a combination of fewer new games being released and a major change in habits. The Guildford-headquartered division of the French giant has said gamers playing fewer titles and for longer means that newer games “are struggling [...]
William Hill could close 200 betting shops as gambling industry faces mounting tax pressure October 12, 2025 William Hill is eyeing shutting 200 of its UK betting shops as parent company Evoke looks to steady its heavily indebted balance sheet ahead of a potential tax raid in next month’s budget. The move comes as the Gambling Commission and Treasury consider tougher rules and levies for the gambling sector, which has already been [...]
Roblox: Hugely popular gaming platform surges in value September 29, 2025 Gaming platform Roblox surged in value in the UK in 2024 as it extended its popularity among Gen Alpha. The business, which is the most popular in the UK among young gamers aged eight to 12, is part of the wider US group founded by CEO David Baszucki and Erik Cassel. Roblox has more monthly [...]
Taxpayer-backed gaming studio collapses into administration July 8, 2025 A company backed by the UK government’s British Business Bank and has worked with some of the world’s largest gaming companies has collapsed into administration. Airship Interactive provides artwork for the likes of Disney, Microsoft and Blizzard and has contributed to titles such as Spider-Man, FC24 and Star Wars: Jedi Fallen Order. The British Business [...]
Premier league players challenge use of data by betting firms May 14, 2025 A growing group of professional footballers in the UK are challenging how their personal performance data is being collected, used, and ultimately monetised. The global sports data and technology group (GSDT) has recently submitted firm “stop processing” requests on behalf of footballers and other sportspeople. This forms the latest part of its ‘project red card’ [...]