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Majesco exploring strategic initiatives to maximise value

16th September 2014 7:58 am GMT

NASDAQ-listed gaming company Majesco Entertainment said Monday that it is exploring a number of strategic initiatives to stabilise and increase company value, having posted nearly two years of operating losses.

Majesco said that in the past it was able to capitalize on and derive a substantial amount of revenue from a “thriving” casual games market on Nintendo handheld and console systems.

“However, more recently the shift of the casual gamer from dedicated platforms to smartphones, tablets and [...]

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