GameWorldObserver.com: online magazine about video games industry

All publications for 26.07.2022

Market Analysis July 26, 2022

Steam games revenue grew to $3.1 billion in first half of 2022, but analysts expect slight recession

After growing rapidly over the past two years, the Steam market is now facing a recession. Analysts expect a slight decline in games revenues on the platform in 2022 due to a number of macroeconomic factors.

Industry News July 26, 2022

PUBG maker Krafton already invested $100 million in India, plans to double that amount in 2022

Krafton has been building up its presence in the Indian market after relaunching PUBG Mobile in the country last year. The company has already invested $100 million in local startups, planning to double that amount this year.

Industry News July 26, 2022

Capcom cites lack of new major games as reason for nearly 50% drop in net sales

Capcom has released a new financial report for the three months ended June 30. Despite seeing a decline in both net sales and operating income, the company still expects to achieve its goal for the current fiscal year.

Industry News July 26, 2022

Report: Roblox expected Tencent to clone its gaming platform for Chinese players

Roblox had to take several steps to comply with China’s censorship, a new portion of leaked internal documents has revealed. The company also expected Tencent to clone the game and make its own version for the local audience.