SkyCity Entertainment Group, a prominent name in the gaming industry, has made a decisive move to divest its entire 10% shareholding in Gaming Innovation Group Inc (GiG). This strategic decision, announced on Tuesday, is part of SkyCity’s ongoing capital management strategy aimed at reducing debt. The sale, yielding approximately NZ$55 million (US$33.7 million) after expenses, underscores SkyCity’s commitment to financial prudence.
SkyCity’s strategic divestment:
In a formal statement (PDF), SkyCity emphasized that the divestment aligns with its core operational focus. The company stated, “‘SkyCity has decided to divest its shareholding in GiG as it is non-core…
There’s nothing more ’80s than GI Joe, Knight Rider, and Transformers, but smashing those properties into a new line of cool collectibles is extra radical. Out later this year, fans can grab two very cool Transformers toys based on iconic vehicles from GI Joe and Knight Rider.
More Transformers deals and preorders
A bunch more Transformers figures are dropping soon, including new …
Several Cormac McCarthy novels have been adapted into films, but few were as well-received as No Country for Old Men. It earned an impressive 92 Metascore and universal acclaim when it hit theaters in 2007–and now you can add the film to your home theater with the newly released No Country for Old Men: The Criterion Collection 4K Blu-ray. The unique collection just launched on December 10, yet it’s already seeing an enticing price cut to $28 (was $50).
Regardless of which version you pick up, you’ll get a long list of bonus features. Here’s a closer look at everything packed inside.
No…
Former PlayStation executive Shuhei Yoshida left the company recently, and he has been sharing some thoughts on the game industry and the PlayStation brand, such as why the PlayStation Vita trailed behind in popularity with competitors like the Nintendo 3DS.
In a new interview, he said that there was a combination of factors that lead the Vita to sell poorly. One reason was its proprietary memory cards. They were incredibly expensive and just added more costs for the consumer. While the PSP had the proprietary memory sticks, players were also able to use micro SD cards with an adapter.
In addition to the beautiful OLED screen, the Vita also had a back touchpad. While it provided some clever mechanics and gimmicks for some games, it was ultimately unnecessary. Both the OLED s…