gaming

Dispatches From CES: Gaming in the Cloud

Judging from the gaming news coming out of this year's Consumer Electronics Show, console gaming, like PC computing, is a relic of a sunset era. Get ready for gaming in the cloud.

Microsoft Xbox 360 Schools Nintendo Wii U in the Sales Game

Nintendo has sold 400,000 Wii U consoles since the system's Nov. 18 launch, plus another 300,000 original Wii units last week. But Microsoft is still the gaming king: Its Xbox 360 outsold both systems combined, moving 750,000 consoles during the Black Friday holiday weekend.

Japanese Pachinko Mogul Sues Wynn Resorts in Tokyo

In the latest move in a months-long battle between Japanese pachinko tycoon Kazuo Okada and American casino owner Steve Wynn, Okada has filed a $140 million lawsuit against Wynn, claiming that the actions of his former friend and business partner damaged his company, Universal Entertainment.

Can Madden NFL 13 Save the Video Game Industry?

It's time to begin tossing around the virtual pigskin again. Electronic Arts' Madden NFL 13 hit stores on Tuesday. In an industry that has suffered three years of brutal declines, its a rare cause for a celebration -- and the industry doesn't want you to forget it.

Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?

If you thought Vegas was where the big gamblers went to play, you're behind the times. Sin City has been blown past by another exotic destination once infamous for corruption and mob activity. But you probably won't be heading there to play baccarat any time soon.

For Las Vegas Sands, the House Edge Is Global Reach

Las Vegas Sands benefits from being more geographically diversified than its major competitors. With a casino resort presence that spans the U.S., Macau and Singapore, LVS is a strong player that can ride out local downturns, and Trefis thinks its stock is undervalued by 10% to 15%.

Where's the Surge in Social Media IPOs?

You'd think investors would be frothing at the mouth for any IPOs in the social media sector. But only a few players look serious about going public soon, and investors aren't putting as much pressure on them to jump as you'd expect.

Sony Unveils New Portable Gaming System

Sony (SNE) unveiled its new PlayStation Portable device, the Next Generation Portable Entertainment System, or NGP. The hand-held device has greater motion sensitivity and allows gamers to connect with other users online, Sony said in a statement. The company plans to release the device at the end of 2011.

Online Video-Game Pirates Outgun the Publishers

More than 19 million people illegally downloaded five of the top-selling video games of 2010, indicating that game thieves remain one step ahead of publishers when it comes to online piracy.

Microsoft Sold More than 8 Million Xbox Kinects in 60 Days

Microsoft Corp (MSFT) says it sold more than 8 million Xbox Kinect motion-sensing game system in the first 60 days since launch, easily beating the company%u2019s target of 5 million. The sales of the Kinect also top that of Sony Corp%u2019s (SNE) competing Move system, Reuters said. Sony sold 4.1 million units of Move in its first two months. That figure does not take into account the peak December holiday shopping month.

Motorcycle Robber Steals $1.5M in Bellagio Casino Chips

An armed man stole as much as $2 million in casino chips from Las Vegas' Bellagio hotel-casino early Tuesday morning, then escaped, the Associated Press reported, citing Las Vegas police officials. No shots were fired and no one was injured.