Modern Times Group
Modern Times Group MTG AB is a Stockholm-based, Nasdaq Stockholm-listed international gaming holding company that owns and operates seven gaming studios across casual and mid-core mobile genres under its Gaming Village structure, distributing globally through app marketplaces.
- Company typePublic
- Founded1989
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Modern Times Group does
Modern Times Group MTG AB is a publicly listed international gaming holding company headquartered in Stockholm, Sweden, and traded on Nasdaq Stockholm under the tickers MTGA and MTGB. The group operates a "Gaming Village" structure that houses seven wholly-owned gaming studios organized into two segments: a Midcore District comprising InnoGames, Hutch, Ninja Kiwi, Snowprint, Plarium (acquired in 2024), and Futureplay, and a Casual District comprising PlaySimple. These studios develop, publish, market, and operate mobile games across casual, mid-core, and hybrid genres with global intellectual property franchises, distributed primarily through the Apple App Store and Google Play Marketplace to consumer audiences worldwide.
The company's core technology centers on game development and live-operations platforms embedded within each portfolio studio, rather than a single unified technology stack. MTG layers a holding-company platform on top of these studios, providing shared strategic, financial, and consolidation capabilities. The group additionally operates an MTG VC Fund that invests in gaming startups globally, serving as both a financial vehicle and an acquisition pipeline.
MTG's business model is to acquire and operate successful gaming studios, accelerating their growth while retaining their creative identities under the Gaming Village umbrella. Revenue is generated through in-game monetization (likely free-to-play mobile gaming mechanics typical of the portfolio genres, though pricing is not publicly disclosed). The company originated from a 2022 corporate split that repositioned it as a pure-play gaming group, and has executed a 2021 rights issue, the 2024 Plarium acquisition, and ongoing share buy-back programs through 2026. Its stated strategy is to be an active driver of gaming industry consolidation.
Modern Times Group firmographics
Firmographics- Name
- Modern Times Group
- Legal name
- Modern Times Group MTG AB
- Website
- https://mtg.se
- Company type
- Public
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Modern Times Group MTG AB is a Stockholm-based, Nasdaq Stockholm-listed international gaming holding company that owns and operates seven gaming studios across casual and mid-core mobile genres under its Gaming Village structure, distributing globally through app marketplaces.
- Ownership category
- akta.pro rank
Modern Times Group industry classification
Industry- Product category
- Mobile Gaming
- NAICS
- Software Publishers (513210), Management of Companies and Enterprises (55111)
- akta.pro primary industry
- Digital Game Distribution Platforms & Storefronts (PC/Mobile/Console) (MPAFABAB)
Keywords
Where Modern Times Group is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Markets served
Modern Times Group business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain
Distribution channels1 record
Marketing channels2 records
Modern Times Group product offering
Product offeringCore offering
Modern Times Group is an international gaming group that owns and operates seven gaming studios under its "Gaming Village" platform, organized into the Midcore District (InnoGames, Hutch, Ninja Kiwi, Snowprint, Plarium, Futureplay) and the Casual District (PlaySimple). These studios develop, launch, market, and operate mobile games across casual and mid-core genres with popular global IPs distributed through app store marketplaces. MTG also operates a VC Fund that invests in gaming companies globally and pursues strategic acquisitions to accelerate portfolio company growth.
Product overview
MTG is an international gaming group operating as a platform-plus-portfolio architecture. The company's central Gaming Village platform houses seven gaming studios organized into two segments: the Midcore District (InnoGames, Hutch, Ninja Kiwi, Snowprint, Plarium, Futureplay) and the Casual District (PlaySimple). MTG functions as both an operator and strategic acquirer of gaming studios, supporting game development, launch, marketing, and operations across casual and mid-core genres. The group also maintains a VC Fund for gaming industry investments. The company's shares are listed on Nasdaq Stockholm under symbols MTGA and MTGB.
Differentiator
Problem solved
Functional benefit
Brands
- Midcore District: Gaming portfolio segment containing InnoGames, Hutch, Ninja Kiwi, Snowprint, Plarium, and Futureplay studios
- Casual District
- The Gaming Village
- VC Fund
Products and services
- The Gaming Village MTG's central platform housing seven international gaming studios that develop, launch, market, and operate a wide variety of games across the Midcore and Casual District portfolios.
- Midcore District A portfolio segment within MTG's Gaming Village comprising six mid-core gaming studios developing games across mid-core genres, including tower defense, strategy, mid-core combat, and hybrid casual/mid-core titles.
- Casual District A portfolio segment within MTG's Gaming Village comprising casual gaming studios, including PlaySimple, focused on casual and puzzle game genres.
- InnoGames A gaming studio within MTG's Midcore District that develops and operates online games with global IPs.
- Hutch A gaming studio within MTG's Midcore District developing mobile games across mid-core genres.
- Ninja Kiwi A gaming studio within MTG's Midcore District known for popular tower defense game franchises.
- Snowprint A gaming studio within MTG's Midcore District focused on strategy and turn-based gaming experiences.
- Plarium A gaming studio within MTG's Midcore District acquired by MTG in 2024, specializing in mid-core and hardcore mobile games.
- Futureplay A gaming studio within MTG's Midcore District developing hybrid casual and mid-core games.
- PlaySimple A gaming studio within MTG's Casual District specializing in casual mobile puzzle and word games.
- MTG VC Fund MTG's venture capital fund focused on investing in gaming companies and startups globally.
Companies that use Modern Times Group
Customer profileSegments1 record
Ideal customer profiles2 records
Modern Times Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Modern Times Group partnerships and signals
Strategic signalRecent moves8 records
Expansion highlights5 records
Modern Times Group competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Modern Times Group social profiles
Digital presenceModern Times Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modern Times Group leadership team
Management profileNumber of profiles
Modern Times Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
Modern Times Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modern Times Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Modern Times Group
What does Modern Times Group do?
Modern Times Group is an international gaming group that owns and operates seven gaming studios under its "Gaming Village" platform, organized into the Midcore District (InnoGames, Hutch, Ninja Kiwi, Snowprint, Plarium, Futureplay) and the Casual District (PlaySimple). These studios develop, launch, market, and operate mobile games across casual and mid-core genres with popular global IPs distributed through app store marketplaces. MTG also operates a VC Fund that invests in gaming companies globally and pursues strategic acquisitions to accelerate portfolio company growth.
Is Modern Times Group a public or private company?
Modern Times Group is a public company. It is classified as public and is currently operating.
When was Modern Times Group founded?
Modern Times Group was founded in 1989. It employs 11 to 50 people.
Where is Modern Times Group based?
Modern Times Group is headquartered in Stockholm, Sweden, in the Europe region.
Does Modern Times Group have an API?
No public API is recorded for Modern Times Group.
What industry is Modern Times Group in?
Modern Times Group's product category is Mobile Gaming. Its primary akta.pro industry code is MPAFABAB, Digital Game Distribution Platforms & Storefronts (PC/Mobile/Console). Its NAICS code is 513210.