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Games & Commerce

Mgame Q2 operating profit falls 9.4 percent to 2.44 billion won

Mgame reported second-quarter consolidated revenue of 21.26 billion won and operating profit of 2.44 billion won, it said in a filing on Thursday. Revenue rose 6.4 percent from a year earlier, while operating profit fell 9.4 percent and net profit dropped 56.7 percent to 717 million won. First-half revenue totalled 45.5 billion won. The company cited tax and financial asset valuation factors for the net profit decline.

Games & Commerce

Stove joins BIC 2026 as gold sponsor, supports indie game entries

Smilegate said on Thursday that its global game platform Stove will take part as a gold sponsor at Busan Indie Connect (BIC) Festival 2026, running through Aug. 16 at BEXCO in Busan. Stove will support offline booth entries by partner companies, including three titles from China’s Thermite Games. Two new titles will be revealed for the first time at Smilegate’s booth. Stove will also run an online STOVE x BIC collaboration page through Aug. 28.

Games & Commerce

Mgame opens pre-registration for martial arts idle RPG Gwihon Raising

Mgame said on Monday it has begun pre-registration for its self-developed martial arts idle role-playing game, Gwihon Raising. The new title uses the intellectual property of the PC online game Gwihon and carries over key elements such as jobs, martial arts skills, regions and monsters, redesigned into a stage-based idle structure. Players can pre-register via app stores and receive various in-game items, with rewards claimable until Dec. 31.