VAT increase sees games prices jump

Leading UK games retailer GAME has confirmed to MCV that it has increased the price on some of its products as a result of the VAT increase that came into effect in the UK overnight. However, the chain has pointed out to MCV that it still offers a market-leading price …

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‘Games lose value quicker than cars’

"Brand new video games can lose as much value in percentage terms in just three days as a car would over three years" – that’s the eye-catching introduction to a report into the pre-owned games market by leading consumer watchdog Which? It claims that a Ford Focus loses around 60 …

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UK 2010 games market hits £2.875bn

Official figures from UKIE show that in 2010 the UK video games market was worth a total of 2.88bn. This is down on the overall 2009 value of 3.31bn. In total, console software sales reached 1.45bn with growth on both Xbox 360 and PS3. Xbox 360 games sales hit 538m …

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CityVille shatters Facebook records

Having been on the market for just over a month, Zynga’s latest Facebook title CityVille has already attracted an astonishing 84.2m players. Inside Social Games reports that this puts CityVille ahead of Facebook’s current record-holder, Zynga’s FarmVille. The latter title, however, took nine months to reach that landmark, suggesting CityVille …

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