Gamers face 50 per cent loss on pre-owned exchange

Despite the popularity of trading in used games against the purchase of new ones on the High Street, online games firm Hitflip has claimed that gamers are facing up to a 50 per cent loss on titles each time they do so.

Games that are exchanged only days after their purchase can often seen up to 20 wiped off their face value. Older times experience a far steeper dip in exchange price.

The claims come as the site looks to promote its online games swapping service.

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The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.