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Tag Archives: game digital

GAME sells Multiplay Digital to Unity

Unity has acquired GAME’s Multiplay Digital business for £19m, the High Street retailer announced this morning, with an initial transaction of £17.1m and £1.9m in escrow for 19 months. GAME initially acquired Multiplay in March 2015 for £20m. The company runs Insomnia and GAME’s Belong arenas, with Multiplay Digital being …

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GAME sells head office and distribution centre

Retailer GAME digital and entered into a sale and leaseback agreement for its Basingstoke head office and distribution centre. The company’s freehold interest in both locations has been sold to Portsmouth Estates Developments Limited, a local property investment firm owned by Lord Oliver Henry Rufus Lymington, who is the 35-year-old …

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GAME secures £100m new lending facility

GAME Digital has sealed a 50m loan, rising to a potential 100m, from Lajedosa. It is a new asset-backed deal which GAME says ‘affords greater flexibility than the existing revolving credit facilities, allowing the Group to increase or decrease its stock purchasing capacity through higher or lower funding, as required.’ …

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GAME’s profit and revenue fall during H1

GAME’s earnings were down by almost 10m for the half-year until January 23rd, 2016. The firm cited the ‘challenging UK market’ for the slump in earnings, which totalled 33.1m. The figure is a slight improvement on the profit warning GAME issued in January, when it predicted that its half-year results …

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GAME to close internal customer services department

UK retailer GAME says it will now offer a 24-hour customer service hotline by transferring it to an external partner. GAME currently handles customer services internally at its Basingstoke HQ, but can only be reached between 8am – 8pm (or 10am – 5pm on Sunday). According to employees at GAME’s …

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GAME Fest returns to Birmingham NEC just four weeks before EGX

GAME is bringing back its consumer expo between August 26th and 29th. That’s just four weeks before rival event EGX, and it is also taking place in the same venue – Birmingham NEC. However, unlike the last GAME Fest (which was also the first one) in 2011, this year’s event …

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