Lords Recommend Immediate Loot Box Reclassification

The House of Lords Gambling Committee is recommending the immediate reclassification of loot boxes in videogames as gambling.

The report goes on to state that any game or mechanic which has ‘gambling like characteristics’ should be similarly regulated.

Edinburgh’s Games Analytics Raises $1.3M Series A Funding

Games Analytics, the Edinburgh-based predictive data specialist has secured $1.3M of institutional investment from Par Equity and STV Group PLC. Publishers and developers around the world deploy GamesAnalytics’ toolkit and technology to improve customer retention …

FanDuel Secures $11M Of Investment

Edinburgh’s FanDuel, the fantasy sports betting company has raised $11M of investment from a variety of venture capital funds including Scotland’s Pentech and Comcast Ventures, the VC affiliate of Comcast Corporation). Other participants were existing …