Global
Whitepaper
Bylaws of the International Game Developers’ Association, Inc.
The bylaws establish the governance framework for the International Game Developers’ Association, Inc., a California‑based nonprofit created under the Mutual Benefit Corporation Law. The organization’s principal office is at a location chosen by its Board, while a registered agent must be maintained in the state of incorporation. The bylaws outline membership categories—individual, organizational, and honorary—with voting rights limited to individual members in good standing. Annual dues are set by the Board, and membership meetings include an annual gathering and special meetings that may be called by the Chair or a 5 % member petition, with detailed notice and electronic voting procedures. Quorum requirements vary: a 20 % threshold for board removal actions, and presence of members at meetings for other matters. The Board of Directors may consist of up to six appointed directors, at least three elected directors, and an optional ex‑officio director. Directors serve three‑year terms, must be members for two consecutive years prior to election or appointment, and are subject to removal by majority vote of the membership or Board. Officers—Chair, Vice‑Chair, Secretary, Treasurer—are appointed by the Board and serve one‑year terms, with specific duties outlined for each role. Committees, including an Executive Committee and optional task forces, are empowered to act on behalf of the Board except for major constitutional changes. The bylaws provide procedures for notices, conflicts of interest, ethics, indemnification, and amendment. Fiscal year follows the calendar year, and the organization maintains a policy of private inurement prohibition. Overall, the document defines comprehensive governance structures, membership engagement protocols, and operational safeguards for a global game‑development professional association.
International Game Developers’ AssociationJul 2022
Report
Global Gaming Report H1 2022
The first half of 2022 marked the most active period in the history of the gaming industry, characterized by unprecedented consolidation and record-breaking investment levels. Total deal value exceeded $107 billion across 651 transactions, with mergers and acquisitions accounting for $95 billion of that total. This surge was primarily driven by massive strategic consolidations, most notably Microsoft’s acquisition of Activision Blizzard and Take-Two’s purchase of Zynga. While the public markets faced significant headwinds and valuation corrections, the private sector remained resilient, securing $7 billion in financing across nearly 500 deals. Blockchain gaming and metaverse infrastructure emerged as the dominant catalysts for growth, representing over half of all financing transactions in the second quarter. This sector attracted more than $2.2 billion in funding, supported by the launch of multi-billion dollar funds from major venture capital firms. Despite the robust private activity, public gaming stocks largely underperformed, leading to a shift in investor focus toward high-quality, profitable targets. The absence of activity in the IPO and SPAC markets further underscored a transition toward private equity and strategic M&A as the primary vehicles for industry movement. The industry landscape is currently defined by a divergence between aggressive private investment and cautious public market sentiment. As valuation multiples adjust to new economic realities, the sector is positioned for a second half of the year focused on opportunistic acquisitions and potential take-private transactions. The continued integration of Web3 technologies and the entry of massive capital reserves suggest that while the pace of "mega deals" may fluctuate, the fundamental restructuring of the gaming ecosystem toward a consolidated, blockchain-integrated future remains the central trajectory for the global market.
Drake Star PartnersJul 2022
