The mobile gaming market in Russia is stagnating in terms of downloads, reports “Vedomosti” citing data from the analytics platform data.ai. In the first half of 2024, game downloads from Google Play and the App Store in the country totaled 1.183 billion, 2.3% less than a year ago.

Last fall, a group of Russian deputies proposed defining at the state level which industries are considered creative and how to regulate them. Yesterday, on August 8, the relevant bill was signed by Russian President Vladimir Putin.

Take-Two Interactive has reported its financial results for the first quarter of fiscal 2025, which ended on June 30.

The studio Second Dinner announced a long-term strategic partnership with the Irish startup W4 Games, founded by veterans of Godot. They aim to help build an ecosystem around the Godot engine.

Nexon announced that the multiplayer shooter THE FINALS has surpassed 20 million players. The game reached this milestone eight months after its release: it was launched on December 8, 2023, for PC, PlayStation 5, and Xbox Series.

Alongside the release of the financial report, Nexon announced a new business strategy. The company has revised its approach to working with franchises in an attempt to significantly increase their potential.

Nexon has reported its financial outcomes for the second quarter of 2024. We have selected the main figures from the report.

G5 Entertainment has released its financial report for the second quarter of 2024. Here are the details.

The Turkish authorities have blocked access to the gaming platform Roblox within the country. According to officials, this was done to protect children.

Meta* Corporation has closed the American studio Ready At Dawn. It was dissolved after over 20 years of operation.

A new indie publisher, Digital Bandidos, has entered the gaming market. It was launched by Steve Escalante, the founder of the now defunct Versus Evil, and Lance James, the former head of production at Versus Evil.

The cooperative survival game Abiotic Factor is another successful project in the portfolio of publisher Playstack, which previously released the hit game Balatro. The game entered early access on Steam on May 2, 2024. Since then, it has been purchased over 600,000 times.

American Foretold Studios, known for the Tollan Universe game series, has been failing to pay its employees for months. Several former studio employees discussed this with Game Developer.

Russian gaming companies have become more active in hiring, writes the newspaper “Kommersant” citing data from HeadHunter. From January to July 2024, they published 5.5 thousand job vacancies on the platform—23% more than in the first seven months of 2023.

Cataclismo — a real-time strategy game with Tower Defense elements — has set a sales speed record among games by Digital Sun studio. According to the developers, it crossed the 100-thousand-copies-sold mark faster than any other game.

Sony reported its financial results for the first quarter of fiscal 2024, which ended on June 30. Below are the performance metrics for the company’s gaming division.

The Battle Cats — a real-time mobile strategy game in which armies of cats attempt to conquer the world. It was released in November 2012 by the Japanese company PONOS Corporation. According to Sensor Tower analysts, the game has since earned over $700 million.

On August 5th, the Tokyo Stock Exchange experienced a crash, during which the stocks of Nintendo, Sega, Capcom, and many other Japanese gaming companies dropped significantly. By the next day, they had recovered most of the losses.

Warner Bros. Discovery Holding may sell part of WB Games, sources at Financial Times claim. The company aims to reduce its net debt in this way, which as of March 30, 2024, had exceeded $39 billion.