Rhode Island Rakes in $713K From Kingdoms of Amalur: Reckoning Steam Sales

June 5, 2013 -

The State of Rhode Island has raked in $713,000 from Kingdoms of Amalur: Reckoning sales since it acquired various Amalur assets last summer from 38 Studios, according to GameSpot. The figure is from cumulative revenue from ongoing sales of Kingdoms of Amalur: Reckoning made through Steam, but not physical copies of the game. Rhode Island attorney Richard Land of Chace Ruttenberg & Freedman explained that Electronic Arts continues to have the right to sell the game and earn revenue.

The $713,000 is in addition to the $430,000 raised from auctions of computers, office furniture, and various other wares left over after 38 Studios filed for bankruptcy last May. Rhode Island acquired 38 Studios assets in August of 2012, which included the unreleased MMO codenamed Copernicus, and the company's action RPG. The state is trying to sell those assets, and has found some parties that have shown interest in buying them.

Rhode Island faces over $100 million in debt related to the 38 Studios loan and the company's bankruptcy. Rhode Island is also suing founder Curt Schilling and others related to the $75 million loan that enticed the studio to relocate from Massachusetts to Rhode Island in 2010.

Source: GameSpot


 
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