Game On: Roblox may face lawsuits over alleged child exploitation

“Game On” is The Fly’s weekly recap of the stories powering up or beating down video game stocks.

NEW RELEASES: This week’s most notable release is the Xbox Series X/S (MSFT) port of Game Science’s 2024 action title “Black Myth: Wukong,” which originally released only for PlayStation 5 (SONY) and PC. The game will be available on Xbox on August 20.

ROBLOX LITIGATION: A group of law firms across the U.S. is seeking to file many lawsuits against Roblox (RBLX) in the coming months, all for clients alleging the platform facilitated the sexual exploitation and grooming of their children on the gaming platform, Wired’s David Gilbert and Megan Farokhmanesh reported this week. “I would assume by the end of September there should be about 100 to hundreds of these pending, and I would assume by this time next year you’ll probably be looking at over 1,000 of these filed,” Matt Dolman from Dolman Law Group told Wired. “We alone already have about 300 of these cases.” The lawyer also told Wired that the vast majority of his clients are under the age of 16 and estimates roughly 60% of the cases involve girls.

Click here to check out recent Media Buzz Sentiment on Roblox as measured by TipRanks.

‘ASSASSIN’S CREED’: Ubisoft’s (UBSFY) “Assassin’s Creed Shadows” has been Europe’s best-selling new video game this year so far, surpassing Electronic Arts’ (EA) “Split Fiction,” Capcom’s (CCOEY) “Monster Hunter Wilds,” Nintendo’s (NTDOY) “Mario Kart World,” and Deep Silver’s “Kingdom Come: Deliverance II,” The Game Business’ Christopher Dring reported, citing data shared from GSD ahead of Gamescom 2025. Over 71M PC and console game units have been sold across the major European markets so far in 2025, with data up until July 28, marking a 6% year-over-year decline from last year. The overall best-selling game in Europe in 2025 so far is EA’s “EA Sports FC 25,” which released in 2024, Dring noted.

‘BATTLEFIELD 6’: Electronic Arts’ “Battlefield 6” has already pulled in over 605,000 Steam preorders, amounting to revenues of roughly $35M on Steam alone, despite the game not coming out until October 10, according to Alinea Analytics’ Rhys Elliott. The data comes following the game’s first Open Beta weekend. Additionally, Steam wishlists for “Battlefield 6” have shot up to 2.7M from 500,000 just weeks before the Beta, Elliott noted.

Meanwhile, based on a more comprehensive look at data points across games of similar size and genre, Oppenheimer concludes that the open beta total player count for “Battlefield 6” is close to 20M, up from the firm’s prior estimate 5M-plus. While week 1 of open beta “set a high bar for players,” week 2 “did not elevate the bar to new heights” with players’ negative feedback concentrated in one game mode, Rush. The firm, which does not believe the criticism on Rush is detrimental to the overall positive player impression thus far, has an Outperform rating and $185 price target on Electronic Arts shares.

TAKE-TWO/ROTHSCHILD: Rothschild & Co Redburn raised the firm’s price target on Take-Two to $260 from $227 and maintained a Buy rating on the shares. “Grand Theft Auto VI” is now just nine months away, notes the analyst, who believes that unit sales estimates, particularly for PC, remain too low, while consensus does not reflect an amortization schedule consistent with “GTA V.” The firm’s FY27 and FY28 EPS forecasts are 6% and 18% ahead of consensus, respectively, the analyst noted.

MORE VIDEO GAME NEWS:

• Nintendo said the racing game “Kirby Air Riders” will release exclusively for Nintendo Switch 2 on November 20, 2025
• Cloud Chamber, the video game studio working on Take-Two’s “BioShock 4,” is laying off an unspecified number of workers, Bloomberg reports
• NetEase (NTES) reported year-over-year increases in Q2 earnings per share and revenue