Saudi Arabia buys 5% stake in Nintendo
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Saudi Arabia buys 5% stake in Nintendo

Saudi Arabia is now the fifth-largest Nintendo shareholder. The Saudis continued their spending spree in the gaming industry with a significant purchase of Nintendo stock. This is the latest in a string of Saudi investments within the gaming industry. The company has stakes in American publishers Activision Blizzard, Electronic Arts, and Take-Two. It also has…

Epic Games secures $1B investment including $200M from Sony
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Epic Games secures $1B investment including $200M from Sony

Epic Games has completed its latest funding round. The company hauled in $1 billion, including a $200 million investment from Sony. Epic is now valued at $28.7 billion. Other investment partners include Appaloosa, Baillie Gifford, Fidelity Management & Research Company LLC, GIC, funds and accounts advised by T. Rowe Price Associates, Ontario Teachers’ Pension Plan…

New Crowdfunding Website Opens Door to Video Game Profit Sharing
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New Crowdfunding Website Opens Door to Video Game Profit Sharing

Have you ever wanted to invest in a video game project? Crowdfunding websites like Kickstarter let you support games that you like but they do not let you invest in the traditional sense. That’s about to change. Fig is a crowdfunding website dedicated specifically to video games that will allow micro-investors to reap the reward…