Hasbro Games Show Signs of Life in IPad World as Sales Surge
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Hasbro Inc., the world’s second-largest toymaker, is showing signs that its games business just may thrive in an iPad world.
Sales of games such as “Monopoly” and “Magic: The Gathering” rose 19 percent to $255.4 million in the second quarter, Pawtucket, Rhode Island-based Hasbro said today in a statement. That was the unit’s third straight sales gain and reverses a 7.6 percent drop in the same period a year earlier.