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[KH Explains] Why Nexon shines alone in Q2

Nexon has come out on top in second quarter earnings among major Korean game developers, becoming the only company to post on-year growth in both sales and operating profits during the period. Nexon on Wednesday reported 902.8 billion won ($685.3 million) in sales and 264 billion won in operating profit in the April-to-June period, up 12 percent and 22 percent on year, respectively. The game maker thrived in the seco.

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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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Netmarble bets $2.2 bn on global social casino game market

Netmarble s BTS Universe Story, a storytelling game published in September 2020. South Korean game developer Netmarble Corp. decided to buy the world’s N

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Apple hit with another lawsuit claiming it benefits from illegal gambling apps - General Discussion Discussions on AppleInsider Forums

Credit: Apple The complaint, lodged in the U.S. District Court for the Northern District of California on Tuesday, specifically names casino apps developed by DoubleU Games Co. It alleges that the apps constitute illegal gambling pursuant to various state laws. More specifically, the lawsuit claims that Apple operates as an unlicensed casino by permitting and facilitating illegal gambling. It takes issue with free-to-play casino games, which use in-game currency in lieu of actual money. However, the lawsuit notes that users can purchase more coins or chips using actual currency. Paying money in a game for a chance to win more playing time violates the anti-gambling laws of at least 25 states, the complaint reads. It seeks class action status in those 25 states.

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Apple Inc. (NASDAQ:AAPL) - Apple Hit With Class Action On Allegations Of Running An 'Unlicensed Casino'

Apple Inc. (NASDAQ:AAPL) - Apple Hit With Class Action On Allegations Of Running An 'Unlicensed Casino'
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