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    3 takeaways on the state of the global games market (hint: it's growing)

    LOS ANGELES — The massive business of video games is only expected to get bigger, and it has highly anticipated titles and an uptick in younger ranks of gamers to thank, according to a new report. The global games market is expected to generate nearly $188 billion in revenue in 2023 — up 2.6% from last year, according to a report from Amsterdam-based industry tracker Newzoo. The growth of the ...
    by Sarah Parvini, Los Angeles Times Aug 23, 2023 3 minutes
    Annie and Tibbers: Statue of characters from the League of Legends game, in the new headquarters of Riot Games, a video game developer and esports tournament organizer in Los Angeles on April 11, 2022.

    LOS ANGELES — The massive business of video games is only expected to get bigger, and it has highly anticipated titles and an uptick in younger ranks of gamers to thank, according to a new report.

    The global games market is expected to generate nearly $188 billion in revenue in 2023 — up 2.6% from last year, according to a report from Amsterdam-based industry tracker Newzoo.

    The growth of the industry is good news for California, home to video game publishers and developers like

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