Arkadium raises $5M for multiplatform casual games, leading with Windows 8 (exclusive)

Arkadium went 12 years without raising money, but now it's doubling down.

Miniclip and Univision target Spanish speakers with U.S. online game site (exclusive)

Fifty-two million Hispanics live in the U.S., and many of them are avid gamers.

YoYo Games lands Microsoft as a supporter of its cross-platform game engine GameMaker

Developers will be able to use YoYo Games' GameMaker: Studio to publish easily on Windows 8 and Windows Phone 8.

Analysts and game industry reeling from Zynga’s shocking earnings report, stock down 39 percent

Zynga's weak earnings report yesterday has spurred an investor panic, cratering the company's stock price by 39 percent today.

WildTangent moves back into game design with new internal Seattle studio

WildTangent's move into the mobile space suggests that many companies are still staking their claims in hopes of getting rich in the gold rush.

Casual game site operator Oberon rebrands itself as Iplay

Oberon Media is no more. Say hello to Iplay.

The new brand identity reflects an expansion of the company’s game offerings, products and services. The company has rolled out a new technology platform, has added a new executive team, and …

Zynga’s got $1.8 billion in cash and is aggressively looking for the next OMGPOP

Good news for all you mobile game developers out there: Zynga, now a public company, has a big chunk of available cash on hand and says it’s aggressively looking for the next big thing to spend part of its $1.8 …

OMG Stop! Why Zynga is considering $200M purchase of DrawSomething creator OMGPOP

Welcome to the wild world of mobile gaming, where a new king can be crowned in the span of three weeks, and a struggling company can become the most sought after acquisition on the market.

OMGPOP knew it had to …

TransGaming acquires Oberon Media’s TV games division for $7M

Canadian interactive TV game publisher TransGaming has acquired the TV game division assets of Oberon Media, a publisher of casual games, for $7 million.

Toronto-based TransGaming said the deal would bring it a recurring multimillion-dollar annual revenue stream generated from …

Angry Birds hits 350M downloads, more films and media coming

Gamers have downloaded game developer Rovio’s Angry Birds, a popular iPhone slingshot-style game franchise, more than 350 million times, the company’s general manager Andrew Stalbow said today.

Mobile device users play the game for more than 300 million minutes each …

China’s Perfect World game operator to invest $100M in venture capital fund

Perfect World, one of the largest online game operators in China and east Asia, announced today that it will invest $100 million in a venture capital fund.

The company will join the unnamed fund as a limited partner to invest …

Zynga expands its game cards to distributors in Europe and Turkey

Zynga‘s quest is to get the whole world to play social games. To make that happen, the company has to set up payment mechanisms in countries where credit cards aren’t the norm. So the company is announcing today that it …

Angry Birds maker Rovio seeks $1.2B valuation in upcoming funding round

Angry Birds maker Rovio is in the process of a fundraising round that would value the company at $1.2 billion, according to a report by Bloomberg.

That would make the casual games company worth more than Plants vs. Zombies creator …

Electronic Arts buys PopCap for $750M

Supergiant video game publisher Electronic Arts has acquired casual game maker PopCap for $650 million in cash and $100 million in stock. The deal includes a multi-year earn out bonus, but there were no details released about it.

PopCap is …