Latest news for Konami Gr (OTC:KONMY) Stock

Konami Group Corp is a Japan-based company which develops, publishes, markets and distributes video game software products for stationary consoles and for portable consoles. It also produces gaming machines for casinos and operates Health & Fitness clubs. The company operates through four business operations namely Digital Entertainment, Amusement, Gaming & Systems, and Sports. The company generates the majority of its revenue from the Digital Entertainment segment which is involved in the production, manufacture and sale of digital content and related products including mobile games, arcade games, card games and computer and video games.

Gaming

News

General

KONMY

Konami Group ADR&#39;s (OTC: KONMY) &#34;Silent Hill: Ascension&#34; — an interactive streaming series released on Halloween — has stirred controversy among the franchise&#39;s fans due to 

&#39;Silent Hill: Ascension&#39; Faces Backlash Over Microtransactions: A Sign Of Gaming Industry&#39;s Problem?

Sports

Sony Group Corporation American Depositary Shares

SONY

TCEHY

UBSFF

The International Olympic Committee (IOC) announced it will dive into the esports scene with the Olympic Esports Series.


Olympic Esports Series 2023 Will Feature The Strangest Video Games: Here&#39;s Why League Of Legends Isn&#39;t Included

Entertainment

All true gamers are eager to try out the incredible titles 2023 has to provide. And the hype grows more and more since producers from top publishers tease amazing news.

2023 Will Be A Big Year For Videogames, Says Konami Producer: Are &#39;Star Wars&#39; And &#39;Metal Gear Solid 3&#39; In The Works? What Else Can We Expect?

KONAMI GRP CORP U/ADR by Konami Group Corporation

Konami Group Corp

B of A Securities analyst Wamsi Mohan maintains TE Connectivity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) with a Buy and raises the price target from $165 to $170.

Price Target

Analyst Ratings

B of A Securities Maintains Buy on TE Connectivity, Raises Price Target to $170

Loop Media, Inc. ("Loop Media," the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPTV#NYSE">LPTV</a>), a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels and digital signage for businesses, today announced that on July 16, 2024, it received notification (the "Acceptance Letter") from the NYSE American LLC (the "NYSE American") that the Company's previously-submitted plan to regain compliance with the NYSE American's listing standards (the "Plan") was accepted. In the Acceptance Letter, NYSE American granted the Company until October 23, 2025 (the "Plan Period"), to regain compliance with the continued listing standards.

LPTV

Loop Media Gets NYSE American Acceptance Of Plan To Regain Compliance

HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterates Genmab (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMAB#NASDAQ">GMAB</a>) with a Buy and maintains $50 price target.

Reiteration

GMAB

HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $50 Price Target

WIIM

TAOP

Taoping shares are trading higher after the company announced  further expansion of its AI business with a new order for enhanced AI-powered Smart Terminals.

SBEV

Splash Beverage Group's Chocolate SALT Tequila Receives Authorization From Pennsylvania Liquor Control Board; Available In Nearly 600 Stores Across Pennsylvania Starting In September

Alaska Air Group, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) reported second-quarter 2024 total operating revenue growth of 2% year-over-year to $2.897 billion, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39828568/alaska-air-group-reports-second-quarter-2024-results" rel="noreferrer noopener">missing the consensus of $2.945 billion.</a>
Adjusted EPS stood at $2.55, down from $3.00 a year ago, beating the consensus of $2.39.
&#8220;It&#8217;s clear that premium airlines are rising above the rest of the industry, and Alaska&#8217;s product and performance put us in that top tier, with a strong long-term outlook to grow and compete. That&#8217;s how we brought in record quarterly revenue and achieved a 15.8% adjusted pretax margin that should lead the industry,&#8221; commented CEO Ben Minicucci.
Revenue passengers rose 3% Y/Y, traffic was up 2%, capacity gained 6% Y/Y, and load factor contracted from 87%% to 84.1%.
Economic fuel cost per gallon for the quarter rose 3% Y/Y to $2.84.
Alaska Air repurchased 663,177 shares of common stock for ~$28 million in the quarter, bringing total repurchases to $49 million for the six months ended June.
The airline generated $580 million in operating cash flow for the quarter. As of June-end, the company held $2.5 billion in unrestricted cash and marketable securities.
ALK ended the quarter with a debt-to-capitalization ratio of 45%, within the target range of 40% to 50%.
Alaska Airlines received one E175 aircraft during the quarter, bringing the total in the Horizon fleet to 44.
During the quarter, ALK received six 737-9 and three 737-8 aircraft, added a second 737-800 freighter, and expanded Alaska Air Cargo&#8217;s network with twice-weekly service to Los Angeles.
The airline purchased a 600,000-square-foot facility in Renton, Washington, for its training programs and operational teams, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/39107502/alaska-airlines-acquires-training-facility-once-owned-by-boeing-details" rel="noreferrer noopener">to open in 2025 after renovations.</a>
ALK reached a tentative agreement with mainline flight attendants, recognizing their contributions. Voting on the agreement will conclude by mid-August.
Additionally, Alaska Airlines announced that it is <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39827924/alaska-airlines-announces-major-expansion-of-first-class-and-premium-seating" rel="noreferrer noopener">expanding its fleet with 1.3 million new premium seats annually</a>, enhancing First Class and Premium Class features while maintaining four lavatories. This move meets rising demand and boosts comfort, making upgrades more accessible for business and leisure travelers.
Q3 Guidance: Alaska Air expects EPS of $1.40-$1.60 versus $2.05 consensus; ASMs expected to be Up 2%-3% compared to 2023 And sees economic fuel cost per gallon between $2.85 to 2.95.
2024 Guidance: ALK expects <a target="_blank" href="https://www.sec.gov/Archives/edgar/data/766421/000076642124000038/ex99207172024investorupdate.htm" rel="noreferrer noopener">EPS of $3.50-$4.50</a> (prior $3.25-$5.25) versus $4.49 consensus; ASMs expected to be &lt; 2.5% compared to 2023 and sees Capex Of $1.2 billion – $1.3 billion.
Price Action: ALK shares are trading higher lower 1.80% at $39.31 premarket at the last check Thursday.
Photo Courtesy: Robin Guess On Shutterstock.com

Earnings

Equities

Guidance

Alaska Airlines Reports Mixed Q2 Results And Cautious Q3 Outlook, Enhances Premium Services

Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communities
LOS ANGELES, July 18, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDZI#NASDAQ">CDZI</a>) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") secured three additional sales contracts for iron and manganese filtration systems totaling an expected $1.5 million in sales revenue.

Contracts

CDZI

Cadiz's ATEC Water Systems Secures 3 New Sales Contracts Expected To Add $1.5M In 2024 Revenues

UBS analyst Doug Harter downgrades Morgan Stanley Direct (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSDL#NYSE">MSDL</a>) from Buy to Neutral and maintains the price target from $23.5 to $23.5.

Downgrades

MSDL

UBS Downgrades Morgan Stanley Direct to Neutral, Maintains Price Target to $23.5

SBET

SharpLink Gaming Initiates Strategic Alternatives Review Process

Taoping Expands AI Business With New Order For AI-Powered Smart Terminals

<ul>
<li>Facility part of approximately half-billion dollar investment in US thin film R&amp;D infrastructure</li>
<li>Investment expected to reinforce America's strategic leadership in thin film PV</li>
<li>Announces new thin film world record with 23.1% efficient CdTe cells</li>
</ul>
First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) today commissioned a new research and development (R&amp;D) innovation center in Lake Township, Ohio, believed to be the largest facility of its kind in the Western Hemisphere. The Jim Nolan Center for Solar Innovation is dedicated to the late James "Jim" F. Nolan, a former member of First Solar's Board of Directors and the architect of the company's cadmium telluride (CdTe) semiconductor platform.
 &nbsp;

FSLR

First Solar Commissions Western Hemisphere's Largest Solar R&D Center, Facility Part Of ~Half-Billion Dollar Investment In U.S. Thin Film R&D Infrastructure

KOPN

Kopin Corporation Achieves Final Milestone In Production Qualification Of High Performance OLEDoS Display For Collins Aerospace's F-35 Lightning II Helmet Mounted Display System

KITT

Nauticus Robotics Completes And Invoices Phase I Of Four-Phase Contract With Brazil's Largest Offshore Oil & Gas Operator; Milestone Concludes Part Of 2023 Awarded Contract

Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) faces yet another challenge as Washington state factory workers voted overwhelmingly in favor of a strike mandate, amid the workers' demand for a 40% raise during their first full <a target="_blank" href="https://www.benzinga.com/topic/boeing" rel="noreferrer noopener">negotiation with Boeing </a>in 16 years.
Union members, representing around 30,000 workers who manufacture Boeing's 737 MAX and other jets, had cast their votes in Seattle's T-Mobile Park.
The mandate, which has more than 99% approval, highlights the workers' determination. However, Reuters reported that they cannot strike before their contract expires on September 12.
Boeing's labor negotiations are unfolding as the company grapples with <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39694403/why-boeings-shares-are-flying-lower-on-tuesday" rel="noreferrer noopener">losing market share</a> to Airbus SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EADSY#OTC">EADSY</a>) and dealing with a crisis following a <a target="_blank" href="https://www.benzinga.com/markets/equities/24/01/36523143/im-going-to-die-passengers-experience-15-minute-nightmare-during-alaska-airs-harrowing-emergency" rel="noreferrer noopener">mid-air incident involving</a> Alaska Air Group Inc's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) 737 MAX and other legal issues.
North American unions have leveraged tight labor markets to secure substantial contracts, with pilots, auto workers, and others achieving significant raises.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39818420/boeings-737-max-crisis-ripple-effects-disrupt-airlines-suppliers" rel="noreferrer noopener">Boeing's 737 MAX Crisis Ripple Effects Disrupt Airlines, Suppliers</a>
Union local president Jon Holden of the International Association of Machinists and Aerospace Workers (IAM) criticized Boeing's executive decisions, stating they jeopardize workers' livelihoods.
Holden emphasized the importance of the vote, noting it empowers the negotiating committee and sends a powerful message.
Boeing, referencing an earlier statement, expressed confidence in reaching a deal that meets both employee needs and business realities.
The strike mandate allows the union to allocate funds for potential future strikes, with workers ready to take action if necessary.
Boeing employs over 66,000 people in Washington state, contributing to programs like the MAX, 767, and 777 jets.
Boeing stock has lost more than 12% in the last 12 months.&nbsp;Investors can gain exposure to the stock via&nbsp;IShares U.S.&nbsp;Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) and&nbsp;Invesco Aerospace&nbsp;&amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>).
Price Action: At the last check on Thursday, BA shares were trading higher by 0.09% at $184.99 in the premarket.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39788122/judge-allots-time-for-boeing-737-max-crash-victims-relatives-to-object-plea-deal-report" target="_blank" rel="noreferrer noopener">Judge Allots Time For Boeing 737 MAX Crash Victims' Relatives To Object Plea Deal: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Tech

European Aeronautic Defence And Space Unsponsored

EADSY

iShares Dow Jones US Aerospace & Defense Index Fund

Boeing Workers Vote For Strike Mandate

Macro Economic Events

Econ #s

Economics

USA Continuing Jobless Claims 1,867 Vs 1,860K Est.; 1,847 Prior

Macro Notification

USA Initial Jobless Claims 243K Vs 229K Est.; 223K Prior

Philadelphia Fed Manufacturing Index (Jul) 13.9 vs 2.7 Est.

UBS analyst Batya Levi initiates coverage on Frontier Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) with a Buy rating and announces Price Target of $33.

Initiation

FYBR

UBS Initiates Coverage On Frontier Communications with Buy Rating, Announces Price Target of $33

NKGN: 88% &#x7C; <a href="https://www.benzinga.com//node/39836538">NKGen Biotech Will Present New Biomarker Data On SNK01 In Alzheimer's Disease During A Poster Presentation At The Upcoming Alzheimer's Association International Conference From July 28 – August 1</a>
&nbsp;
AGEN: -63% &#x7C; <a href="https://www.benzinga.com//node/39835717">Agenus shares are trading lower after the company announced the FDA discouraged an accelerated approval pathway at the end-of-Phase 2 meeting.</a>
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BYND: -25% &#x7C; <a href="https://www.benzinga.com//node/39833679">Beyond Meat shares are trading lower following a report suggesting the company's liquidity has weakened and it is engaging bondholders for debt discussions.</a>

Movers

Trading Ideas

AGEN

BYND

NKGN

Market-Moving News for July 18th

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/07/17/final-trades-cisco-systems-arch-capital-pfizer-and-the-cowz.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management said he is staying long on Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>).
On July 11, Pfizer announced it will advance the development of Danuglipron. The company selected the once-daily weight loss drug for continued advancement based on an <a href="https://www.benzinga.com/news/24/07/39736144/why-pfizer-stock-is-moving-higher-on-thursday">ongoing pharmacokinetic study</a>.
Bryn Talkington of Requisite Capital Management named Pacer US Cash Cows 100 ETF (CBOE: COWZ) as her final trade.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joe Terranova of Virtus Investment Partners picked Arch Capital Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>), which is a financial stock.
Arch Capital Group will release its its second quarter results after the closing bell on Tuesday, July 30. Analysts expect the company to report quarterly earnings at $2.21 per share, up from $1.92 per share in the year-ago period. The company is projected to post quarterly revenue of $3.99 billion, compared to $3.34 billion a year earlier.
Jim Lebenthal of Cerity Partners said higher highs and higher lows shows the downtrend is over in Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) stock.
Cisco is reportedly planning to establish a cybersecurity center in Taiwan and collaborate with the local government to expand the cybersecurity workforce. The company unveiled the initiative as part of its ongoing efforts to enhance digital security infrastructure in regions facing high cyber threat levels, reported Reuters.
Price Action:
<ul>
<li>Pfizer shares gained 1.8% to close at $30.03 on Wednesday.</li>
<li>Pacer US Cash Cows 100 ETF slipped 0.1% during Wednesday's session.</li>
<li>Arch Capital shares gained 0.8% to close at $97.87 on Wednesday.</li>
<li>Cisco shares gained 2.3% to close at $48.52 during Wednesday's session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a></li>
</ul>
Image: Shutterstock

Long Ideas

Markets

Media

ACGL

COWZ

CSCO

Pfizer, Cisco, Arch Capital And More: CNBC's 'Final Trades'

Catalyst Watch: Eyes on the Birkenstock IPO, PepsiCo earnings and FOMC minutes

European sports betting giants Flutter Entertainment and Entain continue to fly in the U.S.

New titles drive 10% jump in U.S. videogame sales for September

December U.S. videogame sales rise 4% from prior year in shop-season success

U.S. video game sales fall 3% in April, led by a 43% drop in hardware sales

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Konami Gr

Konami Group ADR&#39;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KONMY#OTC">KONMY</a>) &quot;Silent Hill: Ascension&quot;&nbsp;&mdash; an interactive streaming series released on Halloween&nbsp;&mdash; has stirred controversy among the franchise&#39;s fans due to <a href="https://www.benzinga.com/general/gaming/23/05/32537531/lawsuit-targets-nintendos-mario-kart-tour-microtransactions-as-immoral-and-deceptive">unexpected microtransactions</a>.

What Happened: &quot;Ascension&quot; is free to access. However, it offers microtransactions, including a $20 Founder&#39;s Pack that includes a Season Pass, in-game puzzles, and cosmetic items like emotes.

The central gameplay involves group-based real-time voting to determine the story&#39;s progression. Viewers can also use Influence Points (IP) to sway decisions. IP can be purchased with real money, giving those with more IP greater influence in the narrative choices.

See Also:&nbsp;<a href="https://www.benzinga.com/news/23/01/30588987/microtransactions-dominate-30-of-the-200-billion-gaming-market-this-startup-is-fighting-back">Microtransactions Dominate 30% Of The $200 Billion Gaming Market &ndash; This Startup Is Fighting Back</a>

Why It Matters: Fans took to social media and forums to express their frustration, claiming that the game has a pay-to-win aspect.

Some voiced concerns about not being able to access certain puzzles without the Season Pass. Redditors criticized the quality of the experience, citing laggy quick-time events, a poor story, and unappealing animation.

Despite the microtransaction controversy, some fans remained hopeful for other Silent Hill projects in development, like the &quot;Silent Hill 2&quot; remake.

Jacob Navok, the CEO of&nbsp;Genvid, the publisher behind &quot;Ascension,&quot; defended the game, asserting that all decisions and content are free, and no video content is behind a paywall. He emphasized that the microtransactions are primarily for cosmetic unlocks and don&#39;t affect narrative control.

Navok also stressed that the game&#39;s economy and content availability would grow as the product develops, accommodating a larger audience.

&quot;We continue to make improvements on the interface and take user&#39;s feedback into consideration,&quot; the CEO <a href="https://www.ign.com/articles/silent-hill-ascension-microtransactions-spark-major-backlash-among-fans">told</a> IGN.

This isn&#39;t the first time microtransactions have come under public scrutiny. Recently, &quot;Mortal Kombat 1&quot; faced backlash from fans for introducing paid microtransactions for seasonal Fatalities&nbsp;&mdash; special edition maneuvers that a victor of a match can inflict on his or her opponent.

Read Next:&nbsp;<a href="https://www.benzinga.com/general/gaming/23/10/35449152/mortal-kombat-1-faces-backlash-for-premium-halloween-fatalities-microtransactions">Mortal Kombat 1 Faces Backlash For Premium Halloween Fatalities, Microtransaction</a><a href="https://www.benzinga.com/general/gaming/23/10/35449152/mortal-kombat-1-faces-backlash-for-premium-halloween-fatalities-microtransactions">s</a>

Image courtesy of<a href="https://register.ascension.com/realms/MILE/protocol/openid-connect/auth?client_id=murkwood-public&amp;redirect_uri=https%3A%2F%2Fascension.com%2F&amp;state=e42cba26-fbbf-440e-8b17-ba04302770f1&amp;response_mode=query&amp;response_type=code&amp;scope=openid&amp;nonce=03ea1823-34f3-41d7-974c-202a93f3b9ca&amp;ui_locales=en&amp;code_challenge=ilNU8yMNq454HIW6A4_0XgPkkJMHxlefTUQ47Vs3XJ0&amp;code_challenge_method=S256"> Genvid.</a>

'Silent Hill: Ascension' Faces Backlash Over Microtransactions: A Sign Of Gaming Industry's Problem?

The International Olympic Committee (IOC)&nbsp;announced it will&nbsp;dive into the esports scene with the Olympic Esports Series. 
But, contrary to what many people expected, the respected sporting body did not&nbsp;choose popular games for its 2023 edition, so say goodbye to your hopes of seeing Tencent&#39;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)&nbsp;&quot;League of Legends,&quot; Valve&#39;s &quot;Dota 2&quot;, &quot;Valorant,&quot; or &quot;Counter-Strike&quot; in this year&#39;s Olympic Esports.

See also:&nbsp;<a href="https://www.benzinga.com/general/gaming/23/03/31424346/why-esports-teams-are-hiring-more-women-gamers-than-ever-before">Why Esports Teams Are Hiring More Women Gamers Than Ever Before</a> 
So, which games will be represented? Mainly, video games that are simulations of real-world sports, like Sony Group Corp&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>)&nbsp;&quot;Gran Turismo,&quot; Ubisoft Entertainment&#39;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UBSFF#OTC">UBSFF</a>)&nbsp;&quot;Just Dance&quot;, Konami Group Corp&#39;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KONMY#OTC">KONMY</a>)&nbsp;&quot;WBSC eBaseball: Power Pros,&quot; &quot;Virtual Regatta,&quot; &quot;Virtual Taekwondo,&quot; &quot;Tennis Clash,&quot; and &quot;Tic Tac Bow&quot;, as well as a chess video game and an indoor cycling trainer.

<h3>Olympic Esports 2023: The Reason Behind It All</h3>

Polygon, the gaming website, <a href="https://www.polygon.com/23630221/olympic-esports-series-2023-sports-are-weird-heres-why">reached </a>out to the IOC to ask for clarification about the controversial video game picks, which cited violence as one of the main reasons for discarding the most-popular esport games. The Committee also pointed at &quot;inclusivity,&quot; and &quot;technical barriers to entry&quot; which could be referring to titles that need a high-end PC to operate.&nbsp;

&quot;When considering these proposals, it is important to us that the featured games in the Olympic Esports Series align with the Olympic Values. This includes participation inclusivity, such as technical barriers to entry, the gender split of player base and avoiding any personal violence,&nbsp;against the backdrop of the IOC&rsquo;s mission which is to unite the world in peaceful competition,&quot; the IOC told Polygon.

Moreover, the IOC explained it partnered with international sports federations for the selection of the games, and that the popularity of the titles was not a factor in its consideration.&nbsp;

&quot;The Olympic Games has always offered a diverse programme, including those sports whose competitors do not benefit from the platform of other high-profile competitions. In order to build a similarly diverse programme for the Olympic Esports Series 2023, we have partnered with International Federations (IFs), who in turn propose game developer partnerships. Although not currently sports on the Olympic programme, both chess and motorsports are recognised International Federations, so were invited to submit proposals to be part of the competition,&quot; the IOC added.&nbsp;

The Olympic Esports Series&#39; qualification rounds started on March 1, and the event will culminate in live, in-person finals at the first Olympic Esports Week, which will take place from June 22 to June 25 in Singapore.

Next:&nbsp;<a href="https://www.benzinga.com/general/entertainment/22/12/30142764/what-are-esports-and-where-is-the-industry-going-everything-you-need-to-know">What Are Esports And Where Is The Industry Going? Everything You Need To Know</a>

Image credits: Yan Krukau on Pexels and logo on Twitter

Olympic Esports Series 2023 Will Feature The Strangest Video Games: Here's Why League Of Legends Isn't Included

All true gamers are eager to try out the incredible&nbsp;titles 2023 has to provide. And the hype grows more and more since producers from top publishers tease<a href="https://www.benzinga.com/general/gaming"> amazing news.</a>

For instance, Noriaki Okamura, a long-time Konami (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KONMY#OTC">KONMY</a>) producer, assured that &ldquo;2023 will be a year of many announcements&rdquo; and that this year has been &ldquo;long-awaited.&rdquo;

See also:<a href="https://www.benzinga.com/general/gaming/22/11/29776862/the-video-game-industrys-acquisition-fever-2022-was-a-year-full-of-giant-purchases-and-a-few-disap">&nbsp;The Video Game Industry&#39;s Acquisition Fever: 2022 Was A Year Full Of Giant Purchases And A Few Disappointments</a>

<a href="https://insider-gaming.com/2023-many-announcements-konami/">As per </a>Insider Gaming, Okamura -who is a producer of the &quot;Metal Gear Solid&quot; franchise- this could mean that a &quot;Metal Gear Solid 3&quot; remake is in the making.

Moreover, to the excitement of the fans, rumor has it that Konami might bring back the &quot;Castlevania&quot; and &quot;Silent Hill&quot; franchises.

<h3>Will We See A New Star Wars Game in 2023?</h3>

Julian Gerighty, creative director of Ubisoft (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UBSFF#OTC">UBSFF</a>)&rsquo;s Massive Entertainment, suggested that we will see a full reveal of the new &quot;Star Wars&quot; game at some point in the next 12 months.

The video game, whose development was confirmed back in January 2021, is an open-world game, as <a href="https://gamingbolt.com/ubisoft-massives-star-wars-game-will-be-announced-this-year-director-suggests">reported</a> by Gaming Bolt.

Gerighty took to Twitter to celebrate the New Year and provided a hint for the saga&rsquo;s fans.

&ldquo;2023 is going to be huge for us. Join the adventure,&rdquo; he wrote while accompanying the Tweet with a &quot;Star Wars&quot; image.

Happy New Year to you all.

2023 is going to be huge for us.

Join the adventure.<a href="https://twitter.com/hashtag/MassiveStarWars?src=hash&amp;ref_src=twsrc%5Etfw">#MassiveStarWars</a> <a href="https://t.co/NGqKMXImpc">pic.twitter.com/NGqKMXImpc</a>

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&nbsp;
&mdash; Julian Gerighty (@jgerighty) <a href="https://twitter.com/jgerighty/status/1609657216868487169?ref_src=twsrc%5Etfw">January 1, 2023</a>



<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

In addition, Massive Entertainment shared a post on social media in early December 2022 announcing it had begun to accept applicants for the game&rsquo;s playtesting. However, the official release date has yet to be informed.

See also: <a href="https://www.benzinga.com/general/entertainment/22/12/30217523/which-video-game-did-people-quit-and-complete-the-most-in-2022-hint-its-an-elon-musk-favori">Which Video Game Did People Quit (And Complete) The Most In 2022? Hint: It&#39;s An Elon Musk Favorite</a>

As per statements <a href="https://www.cbr.com/ubisoft-star-wars-game-promising-update/">collected </a>by CBR, Gerighty referred to the &quot;Star Wars&quot; project and said: &quot;This is a lore that we love, and we want to do it justice with a game and story that bring both lifelong and new fans on an immersive and outstanding journey that will stay with them for years.&quot;

Photo by <a href="https://unsplash.com/@tarun_savvy?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Tarun Savvy</a> on <a href="https://unsplash.com/photos/XKhi2aS1iUo?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

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2023 Will Be A Big Year For Videogames, Says Konami Producer: Are 'Star Wars' And 'Metal Gear Solid 3' In The Works? What Else Can We Expect?

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