All posts tagged: Roblox

Illegal casinos are using Roblox to draw children into online gambling | Science, Climate & Tech News

Illegal casinos are using Roblox to draw children into online gambling | Science, Climate & Tech News

Illegal online casinos are using Roblox, one of the most popular video games in the world, to draw children as young as 12 into online gambling, a Sky News investigation has found. Warning: This article contains a mention of suicide. Although the unlicensed casinos are not published on Roblox, they allow children of any age to sign up using their Roblox credentials and bet their in-game currency (Robux) on games like slots and blackjack. Winnings can be withdrawn as cryptocurrency – and then converted into real cash. Roblox is one of the most popular video games in the world, with an estimated 80 million daily active users. Described by its CEO as a “digital playground,” Roblox is particularly popular with children – 42% of its users are thought to be aged 12 or under. Sky News spoke to one teenage Roblox user in the US who says he gambled around 15 million Robux (£150,000). He started using the sites aged just 14 – seven years below the legal age for gambling in his state. Image: …

Roblox is launching a generative AI that builds 3D environments in a snap

Roblox is launching a generative AI that builds 3D environments in a snap

Roblox’s new tool works by “tokenizing” the 3D blocks that make up its millions of in-game worlds, or treating them as units that can be assigned a numerical value on the basis of how likely they are to come next in a sequence. This is similar to the way in which a large language model handles words or fractions of words. If you put “The capital of France is …” into a large language model like GPT-4, for example, it assesses what the next token is most likely to be. In this case, it would be “Paris.” Roblox’s system handles 3D blocks in much the same way to create the environment, block by most likely next block.  Finding a way to do this has been difficult, for a couple of reasons. One, there’s far less data for 3D environments than there is for text. To train its models, Roblox has had to rely on user-generated data from creators as well as external data sets.  “Finding high-quality 3D information is difficult,” says Anupam Singh, vice president …

Roblox will soon open Marketplace to creator item bundles

Roblox will soon open Marketplace to creator item bundles

GamesBeat Next is connecting the next generation of video game leaders. And you can join us, coming up October 28th and 29th in San Francisco! Take advantage of our buy one, get one free pass offer. Sale ends this Friday, August 16th. Join us by registering here.  Roblox announced recently that it will soon offer a new path for creators looking to make money from their content. Specifically, the company plans to offer an option for creators to sell avatar bundles — meaning, collections of different items — both on the Marketplace and within experiences. The company plans to offer this new option “in the coming months.” Enrico D’Angelo, Roblox’s VP of economy, said in a blog post, “Selling avatars and items as a bundle is much more convenient for people, as they’ll be able to shop for full looks all at once rather than piecemeal. We recently launched a new way to search for avatar bundles and have already seen a positive uptick in people shopping for full looks, rather than individual accessories.” At …

Netflix and Roblox unveil Netflix Nextworld digital theme park on Roblox

Netflix and Roblox unveil Netflix Nextworld digital theme park on Roblox

Join gaming leaders live this May 20-21 in Los Angeles to examine the strategies needed to adapt and excel in an ever evolving landscape, featuring insights from leading voices and thought leaders in the industry. Register here. Netflix and Roblox announced the launch of Netflix Nextworld, a digital theme park on Roblox that expands the worlds of fans’ favorite films and series.  The world will start early access today and feature three tentpole activations around Stranger Things, One Piece, and Rebel Moon, plus an activation tied to upcoming release Jurassic World: Chaos Theory. Nextworld is all about bringing fans closer to the entertainment they love. From exploring the Upside Down (in Stranger Things) to jumping into the East Blue, they’ll be able to embark on quests from their favorite Netflix characters, compete in mini-games and uncover easter eggs they can only find in Netflix Nextworld. It sounds like a metaverse (Netflix Nextworld) inside a metaverse (Roblox), but of course there is no mention of that word as it has a lost a lot of its cachet lately. Cobra Kai inside Netflix Nextworld. …

Roblox reports Q1 bookings of 3.8M, up 19%, but stock plunges on weak Q2 outlook

Roblox reports Q1 bookings of $923.8M, up 19%, but stock plunges on weak Q2 outlook

Join gaming leaders live this May 20-21 in Los Angeles to examine the strategies needed to adapt and excel in an ever evolving landscape, featuring insights from leading voices and thought leaders in the industry. Register here. Roblox reported that its first quarter bookings reached $923.8 million, up 19% at a time when much of the game industry has reported weak results. However, the company’s stock price has fallen 27.36% in trading to $28.32 a share this morning due to a weak financial outlook. Based on the midpoint of its guidance, Roblox expects bookings in the second quarter of $885 million, compared to the consensus estimate of $929 million. For the full year, Roblox forecast bookings of $4.05 billion, which missed the expected target of $4.18 billion. The company also saw its daily active users in the quarter hit 77.7 million, up 17% from a year ago. The company reported a net loss of $270.6 million in the quarter, while adjust earnings before interest, taxes, depreciation and amortization (EBITDA) was a loss of $6.9 million, …

Voldex acquires Roblox sports game Ultimate Football

Voldex acquires Roblox sports game Ultimate Football

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Voldex, the game studio behind user-generated content-based games in Roblox, Fortnite Creative and Minecraft, announced today that it has acquired Roblox’s Ultimate Football. The multi-million dollar deal (the exact terms of the deal weren’t disclosed) will see the game join other UGC-based titles in Voldex’s library, such as Driving Empire and Dungeon Quest. The co-creators of the game, as well as the core team, will also join Voldex. Ultimate Football is one of Roblox’s top-grossing UGC games, and has received over 150 million visits in six months. Following Voldex’s track record, it’ll implement several improvements and changes to the title to improve its already-high profile. According to the developer, Driving Empire received an 80% surge in monthly active players after it was acquired by Voldex. Alex Singer, Voldex CEO, said in a statement, “We’re excited to work with the Ultimate Football creators and team. We’re proud to enter and lead in the …

There Are Dark Corners of the Internet. Then There’s 764

There Are Dark Corners of the Internet. Then There’s 764

WIRED collaborated with Der Spiegel, Recorder, and The Washington Post on this reporting. Each wrote separate stories that the news organizations agreed to publish in tandem. This story contains descriptions of abuse, self-harm, murder, and suicide. Reader discretion is advised. It sounds like a cheap true-crime conspiracy: An international network of predators steeped in Satanism lure children from seemingly harmless online platforms like Discord, Minecraft, and Roblox and extort them to sexually exploit and grievously harm themselves. Some victims are even pushed to suicide. Except it’s true. A reporting consortium including Der Spiegel, Recorder, The Washington Post, and WIRED has unearthed a sprawling ecosystem that has targeted thousands of people and victimized dozens, if not hundreds, of children using some of the internet’s biggest platforms. Law enforcement believes the “com” network encompasses a swath of interlocking groups with thousands of users, including hundreds of hardcore members who victimize children through coordinated online campaigns of extortion, doxing, swatting, and harassment. This reporting consortium has obtained and analyzed more than 3 million messages from more than 50 …

SpongeBob gets ready for Super Bowl LVIII with Roblox and Gamefam

SpongeBob gets ready for Super Bowl LVIII with Roblox and Gamefam

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Gamefam announced last week that it was partnering with the NFL on a special activation: A SpongeBob-themed Super Bowl event within several of its popular games in Roblox. This event is a continuation of Gamefam’s previous collaboration with the NFL, which includes last year’s Saweetie concert and its Super NFL Tycoon game. The event launched on February 2 and will run through February 19, past the end of Super Bowl LVIII. The SpongeBob-themed event is in the recently launched SpongeBob Simulator, as well as several of Gamefam’s other games: Easy Obby, Super NFL Tycoon, Twilight Daycare and TMNT Battle Tycoon. Each game features a number of different Super Bowl and SpongeBob-related quests. Players complete challenges for a number of different prizes, including wearable cosmetics related to the event. Parker Bennett, Gamefam’s associate manager of brand partnerships, spoke to GamesBeat about building the in-game event. “The whole basis around the event is ‘The …

Roblox reports 25% YoY growth with over B bookings in last quarter

Roblox reports 25% YoY growth with over $1B bookings in last quarter

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Roblox Corporation today gave its latest earnings report, for the last quarter of 2023 and the full year together. The company reported strong growth across the quarter, with substantial increases in bookings and daily active users. Some of the losses have also grown at the same rate, though Roblox’s executive staff have emphasized how the game has reached new audiences this quarter. Roblox sees an increase in bookings in the fourth quarter to $1.1 billion, a 25% year-over-year increase, while the daily active user count was 71.5 million, a 22% increase. It also saw a consolidated net loss of $325 million, up from $291 million in the same quarter. In a letter to shareholders, the company attributes its growth in part to Roblox’s release on PlayStation and Meta Quest platforms, as well as growth in experiences with over 1 million players. For the full year results, the company reports bookings of $3.5 …