AMC Lags Behind in Saudi Arabia’s Surprisingly Competitive Cinema Market

Four years since the kingdom lifted a ban on theaters, local rivals have moved ahead of the U.S. giant. The Saudi Kingdom market is proving difficult for the world’s largest cinema chain, which was expected to dominate a region with no other major global players. AMC’s experience illustrates how Saudi Arabia remains a difficult place for Western companies to do business, even despite the country’s efforts to woo international business with legal and social changes. AMC said it would open up to 20 theaters by the end of last year,…

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Go!Gaming opens first location in Pathé Schouwburgplein

On Friday December 17, Go!Gaming opened its first location in Pathé Schouwburgplein in Rotterdam. According to the owners, the game location is equipped with the very best gear, including 3080 RTX video cards, Playseat Gaming Chairs and Playseat Raceseats. Go!Gaming is a partnership between cinema chain Pathé and H20 Esports Campus and brings gamers, esporters and Pathé visitors together. Pathé Rotterdam Schouwburgplein is the very first cinema to be expanded with a Go!Gaming location. The location is located within the Pathé foyer and is accessible through the entrance of the…

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The greatest land grab since the internet is underway

New York-based property developer Republic Realm forked out $4.3 million for a plot of land. This undeveloped lot sold for almost 4X more than the average NYC apartment. But the land wasn’t in sought-after cities like San Francisco, Manhattan, or Boston. The record purchase wasn’t in the Cayman Islands either. In fact, it wasn’t even in the “physical world.” Republic Realm paid $4.3 million for a plot of land inside The Sandbox, a video game. Virtual land is booming… In the past week, folks spent $18 million on virtual land…

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