Gaming

Search documents
Enthusiast Gaming Announces Debt Financing, Forbearance Transaction and Strategic Review Process
Globenewswire· 2025-07-10 12:30
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSX: EGLX) (“Enthusiast Gaming” or the “Company”) today announces a debt financing and forbearance transaction (the “Transaction”) designed to support the Company’s recapitalization and long-term business objectives. Following the Company’s announcement of the strategic divestment of its direct sales business line, Enthusiast Gaming has sharpened its focus on its portfolio of high-performing digital gaming media assets that deliver ...
游戏账号租赁乱象调查:花几元钱就可绕过未成年人游戏时长限制
Yang Guang Wang· 2025-07-10 11:30
Core Viewpoint - The article discusses the challenges faced by gaming companies in enforcing regulations on minors' gaming time due to the rise of account rental services that allow minors to bypass restrictions [1][2][3]. Group 1: Regulatory Challenges - Multiple gaming platforms, including Tencent, have implemented restrictions on minors' gaming time, allowing only 27 hours over two months during the summer [1]. - Despite these regulations, minors can easily rent adult-registered accounts online for a few yuan, effectively circumventing the gaming time limits [2][3]. - The National Press and Publication Administration had previously mandated that minors could only play games for one hour on weekends and holidays, highlighting the ongoing struggle to enforce these rules [1]. Group 2: Account Rental Market - A significant number of students are renting gaming accounts to access higher-level features and skins, with many reporting that their peers have engaged in this practice [2]. - Various merchants have capitalized on this loophole, offering account rental services on e-commerce platforms, despite claiming that minors are prohibited from purchasing [2][3]. - The rental process often involves using software that bypasses the verification systems, allowing minors to play without restrictions [3]. Group 3: Legal and Ethical Implications - The provision of rental services and associated software that bypasses verification is considered illegal, as it violates the terms set by gaming companies [4][5]. - While renting or selling personal gaming accounts may breach user agreements, it is not inherently illegal unless it involves minors attempting to circumvent regulations [5]. - The lack of specific regulations governing the rental of gaming accounts complicates enforcement, as many platforms operate within a gray area of legality [5].
Codere Online to Release Financial Results for the Second Quarter 2025 on July 31st
Globenewswire· 2025-07-10 11:30
Madrid, Spain and Tel Aviv, Israel, July 10, 2025 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its second quarter 2025 results prior to 8:30AM US Eastern Time on July 31, 2025. At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update. The Company’s earnings ...
Codere Improves Position in Spain’s Brand Finance Ranking
GlobeNewswire· 2025-07-10 10:02
Core Insights - Codere Online has improved its brand ranking in Spain, moving from 85 in 2024 to 77 in 2025 according to Brand Finance [1] - The company remains the only gaming brand in the Top 100 most valuable brands in Spain, highlighting its leadership in the sector [2] - Codere Online has expanded its operations in Spain and Mexico, leveraging partnerships with major football clubs to enhance brand awareness [3] Company Performance - In the twelve months ending March 31, 2025, Codere Online generated over 87 million euros in net gaming revenue in Spain, with an average of more than 50,000 monthly active players [4] - Codere Online operates in multiple countries including Spain, Mexico, Colombia, Panama, and Argentina, providing online sports betting and casino services [5] Company Background - Codere Online is part of the Codere Group, a multinational entertainment and leisure company with over four decades of experience in the private gaming industry [6]
广州海珠前5月:工业投资增长143.4%、税收增长17.8%
2 1 Shi Ji Jing Ji Bao Dao· 2025-07-10 02:25
南方财经记者杨期鑫 广州报道 近日,广州市海珠区统计局公布2025年1—5月主要经济指标运行情况。 固定投资也实现双位数增长。1—5月,海珠区完成固定资产投资额282.39亿元,同比增长12.3%。其 中,房地产开发投资200.15亿元,增长18.4%;建设改造投资82.24亿元,下降0.2%;工业投资增长 143.4%。 这得益于海珠区近年来大力推动都市工业发展,通过"工业回城"和工业总部招引,吸引了大量优质项目 和企业落地。仅2025年一季度,新落地"智造"项目5个,新增都市新工业企业15家,其中苇渡微电子落 地海珠后营收迅速破亿元,成为显示驱动芯片行业领军企业之一,仅今年4月交付规模达100万颗。 此外,海珠区也通过探索"轻型制造+上楼生产"模式,打造珠江科创园和小洲智造园,推动中心城区工 业载体向"垂直化、集约化、智能化"转型,吸引百度ARM云服务器生产企业磐玉科技等落户海珠。 投资的持续扩大,尤其是工业投资的迅猛增长,有效带动了产业链上下游企业的经营活跃度,进一步促 进了经济增长。 海珠区的消费和出口数据也表现不错。 从数据看,海珠区多项经济指标实现高位增长:规模以上工业产值与固定资产投资均保持双位 ...
SEGG Media and David Lloyd Announce Groundbreaking $14M U.S. Expansion Deal
GlobeNewswire News Room· 2025-07-09 16:00
Core Insights - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the brand's entry into the U.S. market [2][3] Company Overview - SEGG Media is a technology company focused on the intersection of sports, entertainment, and gaming, operating under the NASDAQ ticker SEGG [2][11] - David Lloyd is a prominent figure in British and European sports, known for founding David Lloyd Leisure, which operates 130 health and fitness clubs serving over 710,000 members [4][12] Facility Details - The All-Sports Arena will be a 100,000 square-foot facility in Boca Raton, designed to combine sports infrastructure with co-working and business amenities, branded as "Sports.com All-Sports Arena, designed by David Lloyd" [3][8] - Key features of the facility include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space of approximately 10,000 square feet [8][10] Financial Projections - The Boca facility is projected to generate over $6 million in EBITDA in its first year of operations, with plans for additional facilities to be developed [10] Strategic Expansion - The Boca Raton launch is part of a broader international rollout strategy, with plans for expansion across major U.S. cities and the Middle East, leveraging Sports.com's digital audience and David Lloyd's operational expertise [7][9]
SEGG Media and David Lloyd Announce Groundbreaking $14M U.S. Expansion Deal
Globenewswire· 2025-07-09 16:00
Core Viewpoint - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the entry of the David Lloyd brand into the U.S. market [3][4] Company Overview - SEGG Media Corporation operates in the sports, entertainment, and gaming sectors, focusing on immersive fan engagement and AI-driven experiences [11] - David Lloyd is a prominent figure in global sport and fitness, known for founding David Lloyd Leisure, which operates 130 premium health and fitness clubs [6][12] Strategic Partnership - The LOI was signed during Wimbledon, symbolizing a significant partnership between SEGG Media and David Lloyd, aimed at creating a unique sports and business ecosystem [4][7] - The Boca Raton facility will be branded as "Sports.com All-Sports Arena, designed by David Lloyd," featuring a blend of sports infrastructure and business amenities [4][9] Facility Features - The arena will span 100,000 square feet and include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space [4][15] - The facility is projected to generate over $6 million in EBITDA in its first year of operations [10] Expansion Plans - This launch is part of a broader international rollout strategy, with plans for additional facilities across major U.S. cities and the Middle East [8][9]
Score the Draft Party of a Lifetime with Marriott Bonvoy and BetMGM
Prnewswire· 2025-07-09 13:30
Core Insights - BetMGM and Marriott Bonvoy have launched a unique rewards collaboration that allows players to link their accounts and earn rewards points for sports betting and iGaming activities [6] - A special fantasy football draft weekend event will be hosted in Las Vegas, featuring former All-Pro quarterback Matt Ryan, providing participants with insider insights and real-time reactions [2][3] Company Overview - BetMGM is a leading sports betting and gaming entertainment company, formed through a partnership between MGM Resorts International and Entain Plc, and has exclusive access to MGM's U.S. sports betting and online gaming operations [9][10] - Marriott Bonvoy is Marriott International's travel program, offering members access to a wide range of hotel brands and experiences globally [11] Event Details - The fantasy football draft event will take place at the BetMGM Sportsbook at ARIA Resort & Casino, including a three-night stay at The Cosmopolitan of Las Vegas, round-trip flights, and a $6,000 MGM Resorts credit for dining and spa experiences [3] - Participants can enter the sweepstakes by linking their BetMGM and Marriott Bonvoy accounts through the BetMGM app from July 9 to July 30, with the opportunity to enter up to three times [4] Marketing Strategy - The collaboration aims to create exceptional experiences for sports fans, enhancing customer engagement and loyalty through unique events and rewards [3][6] - BetMGM continues to focus on responsible gaming, providing resources and tools to ensure a safe gaming environment for its customers [7]
Rush Street Interactive Announces Second Quarter 2025 Earnings Release Date
Globenewswire· 2025-07-09 12:30
CHICAGO, July 09, 2025 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its second quarter 2025 results after the market close on Wednesday July 30, 2025, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results. RSI’s earnings press release and related materials will be available at ir.rushstreetinteractive.com. To listen to the audio webcast and live Q&A, please visit RSI’s investor relations website at ir ...
ATARI: Fiscal Year 2025 Earnings
Globenewswire· 2025-07-09 06:00
Core Insights - Atari reported a significant revenue growth of 63.7% year-over-year, reaching €33.6 million, marking the highest annual revenue in over a decade [2][5][14] - The company is trending towards operational profitability, with expectations of reaching approximately $60 million in revenue for the fiscal year ending March 31, 2026 [6][26] - The transformation strategy has been successful, with substantial improvements in current operating income, narrowing losses, and positive cash flow from operations of €8.8 million [5][18][22] Financial Performance Highlights - Revenue from the Games segment nearly doubled year-over-year, increasing by 91% to €27.5 million, driven by new releases and strong back catalog performance [14][5] - Current operating loss improved to -€0.8 million from -€7.0 million in the prior year, while operating loss narrowed to -€3.9 million from -€12.9 million [17][18] - Net income loss stood at -€12.5 million, impacted by non-cash adjustments related to contingent liabilities and increased debt [18][20] Business Developments - Atari relaunched the Infogrames publishing label and acquired several key intellectual properties, including Totally Reliable Delivery Service and Surgeon Simulator [6][10] - The company expanded its distribution channels, including a partnership with Netflix for mobile games [9] - New hardware offerings included the Atari 7800+ retro console, contributing to the expansion of the modern-retro hardware ecosystem [13][14] Future Outlook - For the fiscal year ending March 31, 2026, Atari plans to continue investing in high-quality content and new releases, with a sustained development spend of around $20 million [25][26] - The company anticipates stronger activity in the second half of the year, aiming for positive current operating income and cash flow generation [26] - Atari is also considering potential acquisitions and minority investments to enhance its portfolio [27]