Gamestop has taken a new step in its attempts to break into the downloadable games market. The game-retail giant has now bought out Flash-game portal Kongregate. What does this mean for gamers? You make the call.

The buyout will make Kongregate a subsidiary of Gamestop. The gaming giant will reportedly make use of the Flash portal as a means of hosting game content on its own website. Kongregate itself will remain under the ownership of its founders, Jim & Emily Greer.

Neither Gamestop nor Kongregate have released information on how much the company was purchased for. Regardless, the two are expected to finish inking the deal by August 1st.

Source: Gamasutra, MCV UK, MarketWatch

Section: Gaming News | Keywords: Money, Retail