Gameloft CFO calls mobile gaming business 'an ugly scene'

Speaking at the Reuters Global Technology Summit, Gameloft CFO Alexandre de Rochefort said competition in the mobile gaming sector is increasingly intense, and aspiring developers should be extremely cautious in their attempts to emulate the runaway success of titles like Angry Birds. "It's an ugly scene," de Rochefort said. "The smartphone market is not a goldmine for developers. It's a bit like playing the lottery." Article