Tuesday, June 20, 2023

PwC: US social and casual gaming revenue grew 3.6% YoY to $37.1B in 2022 representing 68.6% of game and esports revenue; traditional gaming revenue fell 0.8% (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
PwC: US social and casual gaming revenue grew 3.6% YoY to $37.1B in 2022, representing 68.6% of game and esports revenue; traditional gaming revenue fell 0.8%  —  Total video games and esports revenue in the U.S. was $54.1 billion in 2022 and is forecast to reach $72.0 billion by $27 billion, according to a report by PwC.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...