gaming

Microsoft: 1 Million Kinect Gaming Systems Already Sold

Microsoft (MSFT) sold more than 1 million of its hands-free Kinect gaming system in the first 10 days after its launch. Microsoft is hoping the Kinect, which plugs into an Xbox and lets you play games just by moving your body or speaking commands, will help boost Xbox sales and fend off competition from Nintendo (NTDOY) and Sony (SNE).

Sony Cuts PSPgo Prices Ahead of Holiday Season

Sony Corp. (SNE) will slash the price of its PSPgo portable game player ahead of the holiday period. The company will cut the price of the PSPgo to $199 from $249 in the United States and to 16,800 yen ($207) from 26,800 yen in Japan, Reuters said.

Sony Sees 'Very, Very Strong' Christmas Gaming Sales in Europe

Sony Corp (SNE) forecast "very, very strong" holiday sales for its video-game consoles in Europe, with high demand for the PlayStation 3. Andrew House, head of Sony Computer Entertainment Europe, said that European sales will help Sony exceed its target of selling 15 million PS3s in its fiscal year.

Panasonic to Re-Enter Portable Gaming Market

Panasonic (PC) will re-enter the portable gaming market after more than a decade with a hand-held device called "The Jungle." The device will be a clamshell, with a screen on one side and a keyboard on the other, TechCrunch reported.

Nintendo to Launch 3-D Game Device

Nintendo will release its 3-D gaming device in Japan in February of next year, with a March release date for the U.S. and Europe. Will gamers buy the 3-D devices? The jury is still out.

Disney Internet Chief Wadsworth Quits

The Walt Disney Company%u2019s (DIS) Internet chief resigned following a difficult tenure that included several shifts in strategy. Steve Wadsworth, president of the Disney Interactive Media Group, resigned last night, The New York Times reported.

Big Jump in the Sales of Games Via Download

Sales of digitally-downloaded video games are surging this year as cashed-strapped gamers buy fewer new titles from retailers in favor of cheaper games that may be purchased online. Game downloads saw a 37% rise in the first six months of 2010.

'Halo: Reach' Posts Launch-Day Sales of $200 Million

Microsoft Corp. (MSFT) sold $200 million worth of its new videogame "Halo: Reach" on the game%u2019s launch day earlier this week. The game, the latest in the Halo series that pits human beings in combat against aliens, had the strongest first-day sales of any game or movie this year, Reuters reported.

Microsoft Seeking Chinese Search Engine Partner

Microsoft Corp (MSFT) is seeking a Chinese partner to help boost its presence in China%u2019s Internet-search market. Simon Leung, the company%u2019s CEO for greater China, told The Wall Street Journal that Microsoft plans to invest $100 million in Chinese companies, targeting sectors including software and cloud computing.

California Company Settles Charges of False iTunes Reviews

How much faith can you put in online reviews? A recent settlement suggests you may have reason to be wary. A California marketing company settled charges that it engaged in deceptive advertising by getting its employees to write favorable reviews of clients%u2019 games on the Apple (AAPL) iTunes Store, The New York Times reported. The reviews did not mention that the authors were being paid to write approving comments.

Madden 11 Video Game Goes on Sale - With a Party

Video gaming%u2019s biggest sports franchise got its latest facelift on Monday as Madden 11, the latest edition of the hit football game, hit the shelves. The new edition features Drew Brees, quarter back with Super Bowl champions The New Orleans Saints on the cover, and EA Sports celebrated the launch with a "Madden Gras" party in the Big Easy, featuring players from the Saints, parades and musical guests including Big Boi.

N.J. Governor Gambles on a Gaming Overhaul

New Jersey's GOP Gov. Chris Christie is preparing to announce sweeping plans to overhaul Atlantic City's casino district, just one part of a set of proposals that would mark the most sweeping changes to the state's gaming industry since casino gambling was legalized.

Disney M&A Magic Will Be Good News for Tapulous

Disney buys Tapulous, a scrappy start-up that found success with its Tap Tap App for Apple's iPhone. With the acquisition, Disney gets a team that knows the mobile market and could help the company become a great source of content.

Playboy Looks for Profits in the Casinos of Macau

Think the Playboy brand is dead? Think again. The company, famous for its iconinc magazine and velvet-clad bunnies, is heading to the world's biggest casino playground this year: the Chinese gambling region of Macau.

Casino Industry Ends Its Losing Streak

The U.S. casino gaming market is finally improving, according to a recently released report from Moody's Investor Services. After more than two years of negative outlooks, Moody's has changed its view to neutral and recognizes "signs [that the] industry has bottomed out."

Angry MGM Tries to Sell Casino in Poor Atlantic City Market

MGM Mirage is trying to sell the Borgata, after state officials deemed its Macau partner Pansy Ho as "unsuitable." The sale would come while Atlantic City is trapped in a downward spiral as neighboring states step up their gambling efforts. But A.C. won't go down without a fight.