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Tag Archives: Financials

eSports economy to hit $1.5 billion by 2020 according to Newzoo

Newzoo, the firm that predicts all things eSports, has released a new report that states the eSports economy will break $1.5 billion by 2020.  The report suggests that this year alone revenue in eSports will hit $696 million, with further brand investment pushing the economy to $1.5 billion in three …

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Nintendo cuts earnings guidance, lowers 3DS sales forecasts

Revenues for fiscal 2016 are expected to be 12.3 per cent lower than originally predicted, Nintendo has told investors. The company now believes it will achieve sales of 500bn for the period, which is down from the previous forecast of 570bn. That’s also less than 2015’s 549bn. Nintendo has also …

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