1、1Q4 2025 Video Game Market Update2DisclaimerAream&Co.is a shared trading name with Aream Group LLP,Aream Advisors LLC and Aream Advisors GmbH.Aream Group LLP is a Limited Liability Partnership registered in England and Wales,Registered Number:OC426365,Registered Office Address:1 Cavendish Place,Lond

2、on,England,W1G 0QF,United Kingdom.Aream Group LLP(FRN 839407)is an an Appointed Representative of Sentinel Regulatory Services Ltd(FRN 1007903)which is authorized and regulated by the Financial Conduct Authority.Aream Advisors LLC is a US regulated Broker Dealer CRD#318177 and is registered with the

3、 Financial Industry Regulatory Authority(FINRA).Aream Advisors GmbH operates in the European Union as a Tied Agent of NFS Netfonds Financial Services GmbH(NFS).NFS is authorized and regulated by the Bundesanstalt fr Finanzdienstleistungsaufsicht(BaFin).This report is provided for general information

4、 and discussion purposes only and is intended solely for subscribers.It does not constitute a financial promotion,investment advice,or a recommendation to engage in any investment activity.The content reflects the views of the authors at the time of publication and may be subject to change without n

5、otice.Nothing in this report should be construed as an offer,invitation,or solicitation to buy or sell any financial instruments or to engage in investment activity,as defined by the Financial Services and Markets Act 2000(FSMA).This presentation is intended solely for the use of the recipient and m

6、ay not be distributed to any other company or person without the prior written consent of Aream&Co.23SAN FRANCISCOSAN FRANCISCOLONDONLONDONBERLINBERLINCOMPANY SNAPSHOTM&A AND FINANCING M&A AND FINANCING TRANSACTIONSTRANSACTIONS105+TRANSACTION TRANSACTION VALUEVALUE$38bn+GAMING BANKERSGAMING BANKERS2