Who is the new owner of my games?
The new owner of MY.GAMES is Aleksander Chachava, the managing partner at LETA Capital, who completed a multi-stage deal to acquire 100% of the company in September 2022. As the owner of MY.GAMES and managing director of LETA Capital, Chachava oversees a leading European publisher and developer with over one billion registered users worldwide, and a portfolio of popular titles including War Robots, Rush Royale, and Hustle Castle.
About MY.GAMES and its Ownership
MY.GAMES is a Dutch video game publisher and developer headquartered in Amsterdam, Netherlands, and its acquisition by Chachava marks a significant development in the gaming industry.
Frequently Asked Questions
General Questions
- Is MY.GAMES a Russian company?: No, MY.GAMES is a Dutch video game publisher and developer headquartered in Amsterdam, Netherlands.
- Do I own my video games?: No, games purchased digitally are legally licenses and not sold, meaning consumers do not have legal ownership and cannot resell their games.
- What is the first game in the world?: Some historians believe that mancala is the oldest game in the world, based on archaeological evidence found in Jordan that dates around 6000 BCE.
Roblox-Related Questions
- Is Roblox OK for a 5-year-old?: While Roblox offers learning potential, it is rated OK for users age 13+ by Common Sense Media due to potential risks.
- Why is Roblox called Roblox?: Roblox was originally created under the name DynaBlocks, but was later renamed as a mix of Robot and blocks.
- Do you own your Roblox games?: Yes, any original game created by a user on Roblox is automatically protected by copyright law.
Health and Safety Questions
- Are video games OK for you?: While some games can improve hand-eye coordination and problem-solving skills, excessive gaming may cause problems, including reduced active play and exercise.
- Is it OK if I play video games?: Playing games can be a great way to reduce stress, but excessive gaming may increase the risk of mental health issues.
- Can a 2-year-old play video games?: Some experts recommend introducing digital media at 2 1/2 years, but others suggest waiting until the child is older.
Gaming Industry Questions
- What video game was invented in Russia?: The most famous Russian game designer, Alexey Pajitnov, created the worldwide megahit Tetris.
- Who bought Warface?: The old Warface game in Russia is now owned by Astrum Entertainment, an entirely separate entity from MY.GAMES.
- Who owns the biggest gaming company?: The largest video game company is Sony Interactive Entertainment, with an annual gaming revenue of $28.2 billion.
Parenting and Gaming Questions
- Is Roblox safe for 7-year-olds?: While Roblox has safety precautions, it is rated OK for users 13+ by Common Sense Media due to potential risks, including harassment and exploitation.
- Should I let my kid play Roblox?: Parents should be aware of the potential risks, but Roblox can also offer learning potential and creative opportunities for kids.
- How long should a 7-year-old play video games?: The American Academy of Pediatrics recommends no more than 60 minutes on school days and 2 hours on non-school days for kids over 6 years old.