{"id":22155,"date":"2022-12-21T15:21:15","date_gmt":"2022-12-21T15:21:15","guid":{"rendered":"https:\/\/www.xtremeservers.com\/blog\/atari-says-it-may-need-extra-funding-to-continue-following-vcs-retro-console-flop-and-blockchain-struggles\/"},"modified":"2022-12-21T15:21:15","modified_gmt":"2022-12-21T15:21:15","slug":"atari-says-it-may-need-extra-funding-to-continue-following-vcs-retro-console-flop-and-blockchain-struggles","status":"publish","type":"post","link":"https:\/\/www.xtremeservers.com\/blog\/atari-says-it-may-need-extra-funding-to-continue-following-vcs-retro-console-flop-and-blockchain-struggles\/","title":{"rendered":"Atari says it may need extra funding to continue following VCS retro console flop and blockchain struggles"},"content":{"rendered":"
\n

\nAtari is in a spot of bother, and has signalled it may need extra cash to continue.\n<\/p>\n

\nReporting<\/a> its half year results to 30th September 2022, the Paris-based company admitted any delays in the development of its four activities (gaming, hardware, licensing and blockchain), or underperformance in its initiatives may cause it to make less money than expected, and in turn spark “a liquidity shortfall and additional financing requirements”.\n<\/p>\n

\nThere’s an “uncertain macro-environment” for video games and blockchain, the latter of which Atari has gone in heavily on, and so the company reckons actually implementing its new strategy “may require additional funding resources”.\n<\/p>\n

Read more<\/a><\/p>\n<\/div>\n

Source – eurogamer.net<\/p>\n

All content and images belong to their respected owners. This article is aggregated for informational purposes only with full credit to the source.<\/p>\n","protected":false},"excerpt":{"rendered":"

Atari is in a spot of bother, and has signalled it may need extra cash to continue. Reporting its half year results to 30th September 2022, the Paris-based company admitted any delays in the development of its four activities (gaming, hardware, licensing and blockchain), or underperformance in its initiatives may cause it to make less<\/p>\n","protected":false},"author":4,"featured_media":22156,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[5886,5624,2199],"class_list":["post-22155","post","type-post","status-publish","format-standard","has-post-thumbnail","category-xbox","tag-atari","tag-bother","tag-spot"],"yoast_head":"\nAtari says it may need extra funding to continue following VCS retro console flop and blockchain struggles | Xtreme Servers<\/title>\n<meta name=\"description\" content=\"View Atari says it may need extra funding to continue following VCS retro console flop and blockchain struggles for free, here on XtremeServers. 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