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 GamesAnalyticsโ toolkit and technology to improve customer retention and monetization ย Games Analytics allows companies to increase player engagement by creating customised playing experiences which reflect individual playing styles …
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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 investors , including Piton Capital, Bullpen Capital and Richard Koch. The company plans to use the new funding to increase …
