This Singapore Gaming Billionaire Is Betting AI Will Upend The Entire Industry https://t.co/AFA8FlBV04 (Photo: Munster Cheong for Forbes Asia) https://t.co/f7r5SIXj4V ...

Core Insights - The9bit, a gaming platform backed by The9 Limited, successfully concluded its $1 Million August Fiesta campaign, awarding $180,000 to three winners in the grand finale [1][3] - The campaign aimed to transform everyday gaming habits into rewarding opportunities, distributing a total of $1 million in prizes across three phases [3][5] - The platform has achieved nearly 2 million registered users in less than two months since its launch, indicating rapid growth and user engagement [5] Campaign Details - The campaign was divided into three phases: Phase 1 (August 1–15) distributed $100,000, Phase 2 (August 16–20) delivered $400,000, and Phase 3 (August 24–31) closed with $600,000 [3] - The finale utilized a raffle system where winners were randomly selected from participants who completed simple missions such as daily check-ins, top-ups, and content sharing [3] User Feedback - Winners expressed their excitement, highlighting the platform's ability to make gaming feel rewarding and community-oriented [4][5] - The community aspect was emphasized by the third-place winner, who noted the supportive environment within the9bit Spaces [4][5] Future Plans - The9bit plans to expand its game integrations, creator tools, and community-driven events to strengthen its position as a hub for mobile gamers and creators worldwide [6]

Core Insights - The9bit, a gaming platform backed by The9 Limited, successfully concluded its $1 Million August Fiesta campaign, awarding $180,000 to three winners in the grand finale [1][5] - The campaign aimed to transform gaming habits into rewarding opportunities, distributing a total of $1 million in prizes across three phases [2][5] - The platform has achieved nearly 2 million registered users within two months of its launch, indicating rapid growth and user engagement [5] Campaign Details - The August Fiesta campaign ran throughout August 2025, with three phases: Phase 1 distributed $100,000, Phase 2 delivered $400,000, and Phase 3 closed with $600,000 [2] - The finale utilized a raffle system where winners were selected from participants who completed missions such as daily check-ins and content sharing [2] User Feedback - Winners expressed excitement about the platform, highlighting the rewarding nature of gaming on The9bit and the supportive community [3][4] - The platform is perceived as more than just a gaming site, fostering a sense of community among users [4] Future Plans - The9bit plans to expand its game integrations, creator tools, and community-driven events to strengthen its position as a hub for mobile gamers and creators [5][6]

Core Insights - NetEase has decided to shut down its T-Minus Zero Entertainment studio located in Austin, Texas, due to the challenging market environment and insufficient funding opportunities [2][4] - The studio's head, Rich Vogel, confirmed the termination of the collaboration, expressing gratitude for the resources and support provided by NetEase, despite the promising progress made on their game [2][4] Group 1 - T-Minus Zero studio was established in September 2023 and was working on a third-person online action game based on a new sci-fi IP [4] - Rich Vogel, a veteran in the gaming industry, has previously led the establishment of multiple internal studios at various companies, including Sony Online Entertainment Austin, BioWare Austin, and Bethesda Game Studios Austin [4] - NetEase's spokesperson indicated that the decision to stop funding T-Minus Zero was made after careful consideration, as the company is reassessing its key business areas [4]

Core Viewpoint - Tencent's MMORPG "Taris World" will cease operations for its international server on November 4, 2023, at 08:00 Beijing time, while there are no current plans to shut down the domestic server [1] Group 1 - "Taris World" is positioned as a competitor to "World of Warcraft" and is set to launch its domestic server ahead of "World of Warcraft" returning to China on June 12, 2024 [1] - The game features cross-platform account data synchronization, allowing players to access it on mobile, tablet, and PC [1] - The game will adopt a seasonal update model with expansion packs, introducing five new dungeons and two raids per season, along with new gameplay mechanics, gear, and storylines [1]

Product Launch - Lenovo Legion Go 2 is officially launching in October with a starting price of $1,049 [1] - The device features detachable Legion TrueStrike controllers and an 8.8" OLED display [1] Market Positioning - The product is positioned as a hybrid of the Switch and Steam Deck [1] - The industry is questioning whether Nintendo or Valve should be concerned about this new gaming handheld [1] Features - The device includes 3 user-programmable buttons [1]

Group 1 - The event features a keynote conversation with Jason Robins, Co-Founder and CEO of DraftKings, indicating the company's engagement in industry discussions [1][2] - The discussion reflects on the recovery status of the company, with Robins mentioning a "1% recovery" from the previous year, suggesting a gradual improvement in performance [4][5] - Robins notes that his current attendance at the event is under better circumstances compared to the previous year, implying a positive shift in the company's operational stability [5] Group 2 - The conversation includes a light-hearted reference to a unique DraftKings jacket from the previous year, showcasing the company's branding efforts and engagement with its audience [6][8] - The informal tone of the discussion highlights the company's culture and approach to public relations, which may resonate well with stakeholders and investors [3][7]

Core Insights - The game "Grow a Garden" has significantly boosted Roblox's popularity, leading to record highs in stock performance this year, with over 22 million concurrent players, surpassing Fortnite's previous record of 15 million [1][2] - Increased gaming activity translates to higher purchases of Roblox's virtual currency, Robux, which supports sales growth and attracts more advertisers, presenting long-term growth opportunities for the company [2][12] - Roblox's stock has more than doubled in value this year, increasing approximately 120% since January [3] Business Performance - Roblox generated $2.1 billion in revenue in the first half of the year, marking a 25% increase from the same period last year, although operating losses also rose from $540 million to $577 million [9] - The stock recently reached an all-time high, trading at around 21 times its trailing revenue, indicating potential resistance at high valuations [11] Future Growth Potential - The excitement surrounding "Grow a Garden" may provide lasting benefits for Roblox, similar to the long-term popularity of Farmville, although the gaming landscape is competitive with many user-created games [6][7] - Roblox's advertising initiatives, such as video ads that reward users, could enhance growth and improve overall margins, potentially leading to profitability in the future [12][13]

Core Insights - SEGG Media Corporation is reintroducing its flagship brand, Lottery.com, in the US market, leveraging affiliate partnerships and a nationwide rewards platform to engage digital-first lottery players and enhance state lottery revenues [1][4] - The iLottery market is experiencing rapid growth, with significant sales figures in states like Pennsylvania, Virginia, and Michigan, making the timing of SEGG Media's initiative strategically advantageous [2][8] - The rewards platform is set to launch in phases later this year, aimed at increasing player engagement and supporting community investments funded by lottery proceeds [3] Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [5] - The company is committed to compliance with state and federal regulations while promoting responsible gaming practices [4] Market Performance - Pennsylvania's iLottery platform achieved over $1 billion in annual online/mobile sales within two years of launch, marking a record for North American digital lottery [8] - Virginia's iLottery saw online sales surpassing $807 million in its first year, indicating strong market acceptance [8] - Michigan's iLottery program experienced a 320% increase in sales from FY2016 to FY2019, contributing over $1 billion to the School Aid Fund as of FY2023 [8]

RT brother victor (@starkience)To all the game developers who want their game plugged into the open economy, this is your cheat sheet to get started:Technical resources:> Starknet blockchain developer docs: https://t.co/EVdJne5w4L> Cairo Book, Cairo is the smart contract language of Starknet: https://t.co/Hlh2Qn79fJ> Dojo engine, toolchain for building fully-onchain games on Starknet: https://t.co/nBG6DwhUN9> Cartridge Controller, a Web3 user wallet for seamless gaming experience: https://t.co/jNIYFAu6Ho. I ...