GAME Sweden declares bankruptcy

MCV Staff 10th June 2015 Business News

Nordic Games owned GAME Sweden has declared bankruptcy.

GAME sold its Scandinavian arm to Nordic Games following its own financial problems in 2012 in a deal that saved 44 Swedish and 11 Norwegian stores, covering 270 jobs.

A license to use the GAME brand was also secured.

Now a message on GAME Sweden’s site confirms the closure of 31 Swedish and one Norwegian store. It has announced a reconstruction” of the business last month.

GAME Sweden currently employs 127 people. The company handling the bankruptcy says that it is currently looking at ways to secure the highest possible value for the sale of the chain’s assets.

Tags

About MCV Staff

Check Also

ent [Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

[Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era.  Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser

© Copyright 2026, MCV. BizMedia