Australian gambling company Aristocrat has decided to divest one of its core assets, Plarium. The Raid Shadow Legends developer will be sold to Modern Times Group (MTG) for up to $820 million.

Chamo Games is a new game studio formed by industry veterans. The team, comprised of former IO Interactive, Plarium, Riot Games, and Ubisoft devs, has already secured funding for its debut project.

Rumble Entertainment joins a growing list of studios that have been shut down in recent months. The mobile and web game developer has closed its doors after 13 years.

The mobile role-playing blockbuster from Israile-based developer Plarium has crossed a new threshold. From now on, RAID: Shadow Legends is a revenue colossus that has generated over $1 billion to date.

The exodus of game companies from Russia and / or Belarus continues as Humble Bundle, Niantic, Plarium, and SEGA remove their titles from these countries.

Analytics platform BuzzGuru has analyzed the influencer marketing strategy for RAID: Shadow Legends, finding how much money Plarium pays YouTube creators on average. According to the report, the company has spent $8.66 on this type of ads over the last six months.