Tag Archives: credit

Facebook’s push into the games sector has gone physical today as game retailer GAME and supermarket Tesco both introduce Facebook Credit gift cards in store. GAME will sell the cards in denominations of 5, 10 and 25 while Tesco will offer the 10 and 20 versions. The supermarket expects to …

Treyarch, which has for a long time been seen as the underdog to Call of Duty series’ creator Infinity Ward, does not get the credit it deserves for the role it has played in the series according to Activision boss Bobby Kotick. When a Joystiq interviewer referred to Treyarch as …

The British economy contracted by 0.8 per cent in the last quarter – more than double the figure predicted by analysts. According to the BBC, these figures increase the annual rate of decline to 5.6 per cent, which represents the biggest fall since when records began in 1955. There’s more …

Aside from the headlines troubles caused by the wallet-tightening credit crunch, a darker side of the economic crisis is currently blighting UK retail with news that both theft and fraud are significantly on the up. A new report commissioned by Simplybusiness.co.uk claims that 47 per cent of the UK’s independent …

Non-food retailers have experienced their worst month since July 1992, after sales fell by three per cent on 2008. Official figures released by the Office of National Statistics show that overall retail sales fell by 1.6 per cent compared to the previous year. To read the full story, click here …

David Gosen, the current vice president of marketing for EMEA Xbox and former head of Nintendo Europe, has admitted that he believes the games industry doesn’t get the recognition or thanks that it deserves from both the wider public and government. It frustrates me that from a public standpoint, the …

Fresh doubt has been cast over the future of rental chain Blockbuster after it emerged that a deal to amend the company’s credit facilities is in jeopardy, Reuters reports. It is hoped that new credit terms will be agreed in May, but the company has been unable to offer assurances …

Casual games firm TiltFactor has released a new casual title based on the current economic crisis and, more specifically, the worrying level of unemployment sweeping to the global workplace. Entitled ‘Layoff’ the game is based on the successful Bejeweled template, and sees players matching up lines of three or more …

Some of the biggest names in the casual games sector have told MCV’s sister site CasualGaming.biz that the casual games sector can not just survive the global recession, but actually benefit from it – though some aspects of the business may struggle to cope amidst the downturn. CasualGaming.biz spoke to …

Capital city offers savings despite credit crunch