Tech & Gadgets

150 million users later, Roblox competitor Rec Room is shutting down

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Rec Room, a social gaming platform with over 150 million users and valued at $3.5 billion, is shutting down on June 1st due to unsustainable profitability challenges. This closure highlights the financial risks in maintaining large-scale interactive platforms, especially amid market shifts and economic pressures in gaming. Developers should watch for further consolidation or changes in the social gaming sector as a result of Rec Room's demise.

Read the full article at The Verge

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