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Wizards of the Coast, Magic: The Gathering continue to outperform as Hasbro’s deep cost-cutting raises profits

Magic: The Gathering and Dungeons & Dragons owner Hasbro has recorded a jump in profits in the first quarter of 2024, on the back of continued strength from Wizards of the Coast and Magic, and an ongoing cost-cutting programme which has so far involved the planned layoffs of nearly 2,000 people.

Mike Didymus - True
24 April 2024

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New-look Charles S Roberts Awards aims to better reflect broadening definition of ‘wargames’

One of the longest-running awards honouring conflict-focused tabletop games has shaken up its categories again, in an ongoing attempt to leave behind a traditionally narrow definition of 'wargame'.

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Asmodee’s owner loads it up with €900m debt amid plan to spin off board game giant, CEO Carville to be replaced

Asmodee's troubled corporate owner Embracer Group has revealed plans to spin off the tabletop gaming giant, which will see the business take on the vast majority of its parent company's hefty debt pile.

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Hasbro Gaming, Wizards of the Coast president Cynthia Williams resigns after two years in role

Cynthia Williams, the president of Hasbro's digital gaming arm and Magic: The Gathering and D&D publisher Wizards of the Coast, has resigned from the company after two years in the role.

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CMON’s profits jumped 35% last year on $45m sales, thanks to huge drop in costs

CMON, the crowdfunded board game specialist which left Kickstarter for rival Gamefound earlier this year, saw its profits soar to over $23m in 2023 amid a hefty drop in its sales-associated costs.

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Women in Toys launches revamped scholarship to drive next generation of industry leaders

Long-running advocacy and networking non-profit Women in Toys, Licensing & Entertainment has launched a new scholarship to forge the next generation of women looking to work in the industry.

Mike Didymus - True
16 April 2024

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Embracer Group commits to Asmodee’s future as restructuring program ends

The CEO of Asmodee’s troubled corporate owner Embracer Group has praised the tabletop giant as "one of the absolute most important businesses we have", as the parent company prepares to end a severe restructuring process which has seen it lay off about 1,400 people.

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Hasbro invests in family card game design from Women Innovators of Play winner Ellie Dix

Toy and game giant Hasbro is developing a board game with Ellie Dix, one of three winners of the company's inaugural Women Innovators of Play challenge.