The Video Game Tax Relief program was recently extended into 2023.
CEO George Sherman continued to blame the company's poor performance on the impending console transition.
AI-based Tourney will embrace existing social media platforms and focus on helping grassroots community-based esports players.
"This is not uniquely a GameStop issue. This is a console issue," CEO George Sherman said in an earnings call.
Soda Saga led the way to a $450 million quarter for King.
Incubator will 'provide a pathway for innovators to nurture and grow ideas that will help evolve the esports and gaming industry.'
The game and tech development studio looks to leverage influencer and brand marketing into player-driven economies.
The indie dev will use the funds to polish up its magic-based battle royale game Spellbreak.
Paradox continues to put up great numbers, seeing revenue of nearly $30 million for three months ending September 30.
Stockholm District Court yet to approve plan outlined by the struggling games studio.