Bing Gordon
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Draft of new EU law proposes sweeping restrictions on online games
The EU Commission has proposed the EU KIDS Act, which would introduce significant restrictions on online games sold within EU territories. These proposed rules aim to curb excessive use by minors, restrict communication between users, and increase transparency on in-game currencies and lootboxes. Separately, Nex Playground announced securing $150 million in funding as its active console sales surpass one million units, with plans for international expansion.
"Every major publisher has approached us to review their old Kinect and Wii catalogue" - Nex Playground is spoilt for choice as its international rollout continues
Nex Playground, a family-friendly micro-console, is expanding globally, with Germany being its next major market. The company has sold over a million units and is seeing strong subscription attach rates. Nex Team is actively reviewing older Kinect and Wii titles for potential revival on its platform, alongside new partnerships with Sega and Bandai Namco for Pac-Man and Sonic Forces: Rival Rush.
Nex Playground announces $150m in new funding as hardware sales pass one million
Nex Team has secured $150 million in Series E funding, co-led by Baillie Gifford and BAI Capital, as sales of its Nex Playground active console surpass one million units. The company's subscriber base has grown sevenfold in 18 months to nearly one million. The new funding will support international expansion, inventory, and go-to-market initiatives, with former Niantic CFO Jeff Shouger and executive Bing Gordon joining the team.
Reaper Actual Secures Investment Before May Steam Early Access Release
Distinct Possibility has secured investment from Decasonic to accelerate the development of their game, Reaper Actual, which is set for a May 2026 Steam Early Access release. The studio also announced new board members, including Decasonic CEO Paul Hsu and industry veteran Bing Gordon. Both traditional and blockchain versions of the game are in development.
Smed’s MMOFPS Reaper Actual is still alive and just hauled a fresh pile of venture capital cash
Distinct Possibility Studios announced that its MMOFPS title, Reaper Actual, has secured a new round of venture capital funding led by Decasonic. The company plans to launch the game on Steam Early Access in May. Gaming industry veterans Bing Gordon and Paul Hsu have also joined the company's Board of Directors.
Distinct Possibility Studios Closes Additional Funding Round Led by Decasonic
Distinct Possibility Studios has closed an additional funding round led by Decasonic to support the development and upcoming Steam Early Access launch of their online shooter, Reaper Actual. Industry veterans Bing Gordon and Paul Hsu have joined the company's Board of Directors. The new capital and expertise will aid in polishing the player experience for the game's launch in the coming weeks.
Jobs Roundup: April 2026 | Sega Europe appoints Irina Kim as chief financial officer
This article rounds up recent executive appointments across the gaming industry. Notable changes include Irina Kim as CFO of Sega Europe, Joost Hagesteijn leading Roblox's European operations, and Andy Norman appointed COO of CodeDev. Several other key roles have also been filled at companies like Astragon Entertainment, Rovio, and Blizzard Entertainment.
