Game Digital PLC related news and articles

David Howard, a property and UK retail director, has taken on a new role for GAME as UK MD. Martyn Gibbs will continue to be the CEO of the company.

The retail sector of the games industry has changed quite a lot over the last 12 months. Now with the Wal-Mart-owned Asda looking to merge with Asda the face of retail in the games industry could change once again.

GAME Digital announced yesterday that US firm, Elliott, their largest single investor, had disposed of all of their holdings in GAME Digital. In the wake of Elliott’s actions it seems that Mike Ashley, retail mogul, is now the largest investor in GAME Digital.

UK retailer GAME has posted a revenue increase for the 26 weeks ending on the 27th of January 2018 of 3.9%. The company reported £517.4 million in revenue but their profit has seen a significant decrease.

UK retailer GAME has made a change to the terms and conditions of their Game Reward Card Scheme. The changes effectively half the value of the reward card, bringing down the value of points awarded from £2 per £100 spent to £1 per £100 spent.

A brand new range of of collectibles has been announced by PlayStation which will feature figurines of the biggest heroes from some of the most popular PlayStation game series.

GAME UK have today reported that its GTV (Gross Transaction Value) was up 2.9 percent over the peak trading period, November 1st to January 6th.

GAME Digital announced that Craig Fletcher, Founder of Multiplay which GAME acquired in 2015, will be leaving the company at the end of 2017.

High street video game retailer GAME feel optimistic even though recently announced a £10 million loss for the 12 month period from July 2016 to July 2017.

UK retailer Game today reported a pre-tax loss of £10m. The figures are for the 12 month period from July 2016 to July 2017.