The Traderszone Network

Published in TZ Latest News 13 August, 2015 by The TZ Newswire Staff

Candy Crush creator King Digital forecasts lower bookings

King Digital’s shares slipped 9 percent in extended trading after the company also reported an 18 percent drop in quarterly revenue, citing fewer franchise games and a strong dollar. The company, which makes games for social media websites and mobile devices, has been struggling to boost bookings, an indicator of future revenue, as new game launches were planned only toward the second half of the year. In August, King Digital launched its first simulation game, Paradise Bay.