Game Digital bolstered by online players Game Digital, the high street video games retailer that has rebounded from collapse two years ago, reported a 17 per cent rise in year-on-year revenues for the three months to the end of October. The group credited the boost to a jump in hardware sales, as well as a renewed focus on digital gaming, via titles such as Call of Duty. These constantly evolving online games offer some respite from the volatility that accompanies new console releases, with digital gaming sales up 49 per cent year on year. "Both Game's UK and Spanish businesses continue to grow their market share across hardware, software and digital," the group said on Thursday, pointing to data indicating that the video games market in the two countries was up 14 per cent in the period. "We are pleased with the continued progress made across our strategic initiatives and as we move into the key trading months of the year we are encouraged by the strength of the line-up of new physical and digital games being launched," said Martyn Gibbs, Game's chief executive. The company, previously known as Game Retail, went bankrupt after facing increased competition, an expensive real estate base and a lack of new console launches. It was bought out by an entity acting on behalf of Elliott Advisors, the activist hedge fund. The company returned to the London Stock Exchange this year as Game Digital at a market capitalisation of £340m, with the valuation taking a hit from investor disappointment over the glut of recent retail listings. Game's shares were up 1 per cent at 359.9p in afternoon London trading, a rise of more than 80 per cent since the IPO. In September, veteran fund manager Neil Woodford, who made his name avoiding tech stocks during the 1990s tech bubble, increased his shareholding in Game by buying up some of Elliott Advisors" stake. His current share of the company stands at 5.3 per cent, according to regulatory filings.