First quarter game investments and acquisitions gather steam

The consolidation of companies in the social game market has begun, according to first-quarter data gathered by game-focused investment bank Digi-Capital. In the first quarter of 2012, 30 merger and acquisition deals generated $1.7 billion in transaction value at an …

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 …

Social mobile game maker Zattikka goes public on London Stock Exchange

Zattikka, a London-based maker of browser and mobile games, has gone public on the London Stock Exchange.

The company is a social game developer that is making a Monty Python game in collaboration with the Ministry of Silly Games. Zattikka …

Kabam crosses 1M downloads for its first mobile game

Kabam said today that its first hardcore game for mobile devices has been downloaded more than a million times. Kingdoms of Camelot: Battle for the North has been available on the Apple App Store on the iPad, iPhone, and iPod …

At 2.5B games played a month, King.com reaps benefits from its casual Saga titles on Facebook

London-based King.com is launching Candy Crush Saga on Facebook today as part of its bid to capitalize on the shift in audience tastes toward increasingly casual games. Since debuting its first social network title last fall, King.com has become the …

Seismic Games paves new game category on Facebook with CelebrityMe

Social game startup Seismic Games is launching CelebrityMe, a new Facebook title that lets players live out the fantasy of being a celebrity.

The new game is an attempt to find a niche — in this case, the genre of …

Funding daily: crowdfunding, outsourcing, and social gaming

At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in …

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 …

With Mowgli’s Songster social game, you can create your own music (exclusive)

You can let your inner rockstar out, now that Mowgli is launching a music-creation social game called Songster. The Atlanta-based company is releasing the game on Facebook and touting it at the SXSW event in Austin, Texas.

Mowgli hopes to …

Facebook paid $1.4B to game developers in 2011

Facebook paid more than $1.4 billion to game developers (and other app makers) in 2011, according to a Facebook talk at the Game Developers Conference this morning.

Matt Wyndowe , games product manager at Facebook, said that the social network …

Snack your way to FarmVille success, as Zynga teams up with Frito-Lay

For better or worse, snacking and gaming seem to be inexorably linked. Now social gaming giant Zynga is building on this relationship, by teaming up with Frito-Lay and Walmart, to offer in-game rewards for its popular Facebook games with purchases …

Goplay launches portal for social games on the web (exclusive)

Goplay is launching a web portal for social games in the hopes of luring disaffected publishers away from Facebook.

With Goplay, developers can make their games available on a portal that reaches new audiences beyond social networks, and lower the …

Game investments doubled to $2B in 2011; acquisitions grew 160 percent

No matter how you look at it, the game industry is red hot.

The game industry had a record year for investments and acquisitions in 2011, according to an annual report by game investment advisor Digi-Capital. Private placement investments grew …

The Facebook gaming boom is fizzling out, analyst firm says

Facebook's gaming boom has come to an end, according to a report from IHS Screen Digest Media Research. The subject is open to debate and players such as Facebook and Zynga will no doubt dispute this. But IHS Screen Digest has put together an argument that will likely get a lot of attention, as games such as those made by Zynga have driven the growth of the social network...

Game analyst Michael Pachter: The Wii was a bubble, but social gaming isn’t

Michael Pachter, an oft-quoted video game analyst, said the social gaming explosion of the past few years isn’t a bubble; rather, the Nintendo Wii was a bubble, where users tried out a hot new fad and moved on to something …

Bejeweled maker PopCap bets on Facebook casino-game gold rush

Ever since the Justice Department opened the door to the legalization of online gambling, the leading creators of social games are feeling increasingly lucky. PopCap Games just launched Lucky Gem Casino with a collection of seven slot machines themed after …

Love connection: 1 in 10 Words With Friends score in real life

Perhaps it’s time to start calling it Words With Friends With Benefits.

Fans of Zynga‘s Words With Friends social game on Facebook are making love connections. For Valentine’s Day, Zynga polled 100,000 of its 19.9 million players and found that …

Making Fun joins the hidden-object game fray on Facebook with Hidden Haunts (exclusive)

Making Fun, the social game division of Rupert Murdoch’s News Corp., has launched a hidden object game called Hidden Haunts that will set itself apart via photorealistic scenery. The game is part of the company’s strategy to become a major …

Hasbro licenses game characters and brands from Zynga

Hasbro and Zynga are announcing a deal where the big toy company will create toys based on Zynga’s game characters and social gaming brands. It’s a marriage of the old new game worlds that makes sense as the physical and …