Improbable unveils move to new London HQ October 8, 2018 A London-based virtual reality firm is to take up a new City headquarters, as it looks to accelerate its expansion ambitions following a wave of investments from abroad. Improbable, a games company that was founded six years ago, is moving its base from Farringdon to Spitalfields as part of a plan to accommodate its growing workforce, [...]
F1 video game-maker Codemasters accelerates towards full-year targets October 8, 2018 Recently listed gaming firm Codemasters today told investors it was on track to meet its full-year targets as it made £39.7m in revenue in the six months to 30 September 2018. The maker of the official F1 video games said digital sales as a proportion of its revenue rose to 53 per cent, amounting to [...]
Leading bookie calls for ban on TV gambling ads before watershed October 7, 2018 The boss of one of the UK's biggest bookmakers will this week call for a ban on gambling adverts being shown before the 9pm watershed. Kenny Alexander, chief executive of Ladbrokes and Coral owner GVC, told City A.M. the number of ads appearing during football games had got "out of hand" as he called for the rest of [...]
Crypto A.M. shines its spotlight on Varius World Tech October 2, 2018 The betting and gaming marketplace is growing rapidly with more players joining online or using land-based casinos as a place of enjoyment and entertainment. Despite this growth there is a lack of trust from players who cannot be certain that the house edge (the profit a casino or gambling company makes from games played) is [...]
Games fans lift HMV fortunes July 2, 2008 HMV, the UK’s leading music retailer, reported yesterday a 25 per cent jump in pre-tax profits. The company told investors its recovery is on track after the first year of its three-year turnaround plan. Strong video game sales helped pre-tax profits soar to £56.6m, up from £45.2m in 2007. Games and technology sales rose 7 [...]