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Ömer Yakabagi

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$100M Fund for Mobile Studios: Akin Babayigit Launches Arcadia Gaming Advisors

Akin Babayigit, co-founder of Tripledot Studios, is back in the game—this time as an investor. The gaming entrepreneur has launched Arcadia Gaming Advisors, a new investment firm armed with a $100 million fund dedicated to mobile game companies. According to sources speaking to Bloomberg, the firm is targeting studios shaping the future of mobile gaming. London Roots & A Familiar Face A Companies House filing confirms Arcadia Gaming Advisors was established in London in December 2024, with Babayigit joined by Orkun Kilic—neither holding a majority stake. While Babayigit has yet to officially announce the firm, Spyke Games CEO Rina Onur Sirinoglu spilled the news on LinkedIn, congratulating her "long-time friend, brother, colleague, and investor." A Power Player in Gaming & Investment Babayigit co-founded Tripledot Studios in 2018, propelling it to one of the UK's top mobile game publishers. The company […]

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Hybridcasual Puzzle Rocks: Triple Tap Games secures $1.2M Investment

Triple Tap Games secures $1.2 million in pre-seed funding led by Eximius Ventures and Kalaari Capital. Mumbai-based Triple Tap Games has raised $1.2 million in pre-seed funding to craft next-gen hybridcasual puzzle games. The studio—helmed by former Crazy Labs & Super Huge Studios veterans—is setting its sights on US and European markets, with plans to expand its team and supercharge its AI-driven content pipeline. Powering Up with Top Investors The funding round was led by Eximius Ventures and Kalaari Capital, alongside influential angel investors from the gaming and entertainment world. The capital will bolster rapid prototyping, data analytics, distribution, and monetization efforts. A Team with Proven Hits Founded in 2024 by ex-Crazy Labs India head Karan Khairajani, Triple Tap Games brings together industry heavyweights from Firescore Interactive, Games2win, Super Huge Studios, and Nukebox Studios. Their track record? 400 million+ downloads […]

AppLovin selling games business to focus on Ad Tech
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AppLovin Offloads Games: $500M Cash, $400M in Stock

Yes, it's still a hot topic. After what? AppLovin Monopoly in Mobile Gaming? AppLovin Scandal: New Target of Short Sellers? AppLovin to Sell Its Gaming Division for $900M AppLovin’s $900M Games Sale: Mystery Buyer, Big Moves & Strategic Shifts Ad Tech Titan AppLovin is offloading its gaming division in a $900 million deal—$500M in cash, $400M in equity—to a still-undisclosed buyer. The acquirer has signed a non-binding term sheet and plans to borrow up to $250M to fund the purchase. If financing falls through, AppLovin will step in with a promissory note. The February 12, 2025 agreement comes with a catch: AppLovin can’t negotiate with other buyers for now. While speculation swirls, one major contender is Savvy Games Group, while public giants like Playtika and Tencent are ruled out. Why the Sale? Despite strong gaming revenue, $1.5B in 2024, up […]

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Brawl Stars: Supercell’s Billion-Dollar Success Story

Source: YLE While game studios worldwide are laying off thousands, Supercell continues to thrive. Since its 2018 release, Brawl Stars has raked in over $2 billion out of 480M Downloads, making it one of the most successful mobile games ever. Data: AppMagic Something Cooler? Something even cooler? Helsinki HQ, Hey Spike! The Secret Behind *Brawl Stars' *Success At Supercell’s Helsinki headquarters, the Brawl Stars team operates like a well-oiled machine. The workspace is filled with game memorabilia, plush toys, and even South Korean cereal boxes featuring Brawl Stars characters—an indication of the game’s global reach. Frank Keienburg, the game’s team leader, attributes their success to continuous innovation. “We update the game every two months, keeping content fresh and players engaged,” he explains. The team, which started with 19 members, now has 64 developers from around the world, proving that diversity […]

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AppLovin Scandal: New Target of Short Sellers?

Are the reports Overblown or Misleading? Maybe, here are the details for you. AppLovin's CEO, Adam Foroughi, dismissed short-seller reports from Fuzzy Panda & Culper Research as “false and misleading,” accusing them of driving down the company’s stock for financial gain. Inflating metrics and tracking users, including children, without consent? Auction Manipulation & Data Exploitation Click Fraud & UX Dark Patterns Targeting Minors & Illegal Tracking Foroughi refuted the claims, stating they contain inaccuracies and insisting the company does not track children’s data or engage in financial misconduct. He emphasized AppLovin’s focus on strategy, cash flow, and share buybacks. Short-sellers profit from declining stock prices, as seen in a recent case involving Roblox. Following their release, AppLovin’s shares dropped by up to 20%. Both Fuzzy Panda and Culper are short AppLovin stock, which means that they have essentially bet the […]

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Claude AI is playing Pokemon on Twitch

Claude, the AI, is taking on Pokémon Red—and it's struggling. Hours into its Twitch stream, the model found itself blocked by a simple rock wall. No matter how hard it tried, walking through solid stone wasn’t an option. The Twitch chat had a field day: “Who would win? A computer AI with thousands of hours of programming, or one rock wall?” Eventually, Claude figured out it could just go around. Watching Claude play is both maddening and mesmerizing. It moves at a Slowpoke’s pace, deliberating every step with excruciating caution. Onscreen, its left side displays an intricate breakdown of its reasoning, while the right shows the game in real-time—turning simple actions into a saga of decision-making. At one point, Claude attempted to find Professor Oak in his lab but got confused by other NPCs in the room. Spotting a character […]

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Mobile Gaming Today: 48

Hallo Fam, Crazy how Hamburg is enjoying amazing weather this week while Istanbul is buried under snow! ☃️ Guess I should study Geography to make sense of it... or maybe it's just global warming doing its thing, huh? Game of the Week 🍭 Candy Crush Solitaire by King Having its global launch on Feb 6th, looking at the numbers the game did just $260K on 3M+ downloads. Doesn't seem like the result King was looking for. Why? 🤔 Compared to competitors, and there are many, there is one major change in core gameplay, where players can store 1 extra card as another "connecting" card, instead of just linear connecting all the cards on the board. This gives them much more tactical gameplay ⚔️, where they can save this card for later when they run out of their current chain to […]

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Apple Just Removed 135,000 Apps across EU App Stores

The deadline came, and Apple didn’t hesitate. Over 135,000 apps vanished from EU App Stores overnight, casualties of the Digital Services Act (DSA). The new rule? Developers must publicly list their address, phone number, and email to keep their apps live. No compliance, no app. Apple made it crystal clear: as of February 18, 2025, any app without a verified “trader status” is gone. And they’re not coming back until developers cough up the required details. While the DSA aims for transparency, it’s hitting small and indie developers the hardest. Many work from home, relying on a simple support email rather than sharing personal contact details. Now, they’re scrambling for solutions—virtual offices, coworking spaces, and burner numbers—just to stay compliant without sacrificing privacy. The rule applies to any app that makes money—whether through in-app purchases, ads, or even one-time downloads. […]

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Hasbro 2024 Financials: MONOPOLY GO! contributed $112M

Hasbro’s playing Monopoly GO! in real life. Cool numbers, right? Let's also check how Scopely is doing there! In 2024, Monopoly GO! got 2.2bn IAP & 60.5M Downloads. 🚀 Wizards of the Coast & Digital Gaming Soar as Hasbro Charts a Winning Course Hasbro isn’t just playing the game, changing it. Delivered on its 2024 promises, and leveled up profitability. 🎮 Gaming Leads the Charge MONOPOLY GO! was a massive hit, contributing $112 million in 2024. Wizards of the Coast & Digital Gaming revenue climbed 4%. MAGIC: THE GATHERING held strong despite the tough comparison against last year’s Lord of the Rings set. Digital & Licensed Gaming surged 22%, showing Hasbro’s IP expansion is a game-changer. 📊 Financial Power-Ups Adjusted operating profit skyrocketed 76% to $839 million, thanks to cost efficiencies and a sharper business mix. Operating cash flow hit […]

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Amazon App Store’s Exit from Android

Well, it's official. Amazon App Store is bidding farewell to Android. As of August 20th, the store will shut its doors on Android devices, marking the end of an era for Amazon’s alternative app marketplace. What’s Changing? 🚫 No More App Submissions – Developers can no longer submit new apps to the Amazon App Store on Android.⏳ Final Updates Until August 20th – Existing apps can still receive updates, but only until the shutdown date.💰 Amazon Coins Discontinued – The Coins program will vanish alongside the store, but any unspent coins will be refunded.🛑 No More In-App Purchases in Japan – Japanese users will lose the ability to make purchases through the store on Android, though other marketplaces will still function temporarily. What Stays? 📱 Amazon Devices Still Supported – The Amazon App Store isn’t disappearing completely. It will continue […]

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Good Job Games Secures Investment from Menlo Ventures, Valued at $100M+

Source: Webrazzi Turkey-based mobile game studio Good Job Games, known for its focus on hyper-casual and casual puzzle games, has received an investment from Menlo Ventures. According to available data, the investment surpasses $15 million, pushing Good Job Games' valuation above $100 million. This funding round includes contributions from multiple funds under Menlo Ventures. About Good Job Games Founded in 2017 by İlker Ilıcalı, Good Job Games has developed over 30 games and accumulated more than 100 million downloads across iOS and Android. Some of its most popular titles include: Fun Race 3D Color Bump 3D Run Race 3D Color Fill 3D Epic Race 3D Already scaling. Growing Match Villains & Wonder Blast, or new game incoming? Past Acquisitions Good Job Games has previously been in the spotlight due to significant acquisitions: In 2022, the company sold its Zen Match […]

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Unity Q4 2024: A Rocky Reset with a 25% Loss

Source: StockTitan Unity (NYSE: U) reported Q4 2024 revenue of $457 million, down 25% year-over-year, as the gaming and ad tech giant navigates a major portfolio reset. Despite the decline, the company sees momentum in AI-driven advertising solutions, mobile game development tools, and strategic growth areas. Feb 20: NASDAQ Weirdly, Unity Stocks jumped from 18,3 to 25,3 (38%) while AppLovin went to 440 from 490. (-10%) AppLovin Empire: Monopoly in Mobile Gaming?AppLovin to Sell Its Gaming Division for $900M to Strengthen Its Ad Tech Focus Key Financials (Q4 2024) Create Solutions (Game Engine & Dev Tools): $152M, down 47% Y/Y. Without the $99M Weta FX contract termination, the decline would have been 20% Y/Y. Grow Solutions (Ad Tech & Monetization): $305M, down 5% Y/Y. Excluding pre-merger IronSource incentives, revenue would have risen 2% Y/Y, supported by strong seasonal ad demand. […]

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