Glitchy ‘Grand Theft Auto Online’ Earns Gamers $500K in Virtual Cash

by Christopher Freeburn | October 16, 2013 12:01 pm

grand theft auto v 243x300 Glitchy 'Grand Theft Auto Online' Earns Gamers $500K in Virtual Cash[1]Take-Two Interactive Software (TTWO[2]) is trying to placate anger over a rough start to the online version of its popular Grand Theft Auto video game by paying users in currency usable only in it game’s digital world[3].

The company’s Rockstar Games division announced that it will give players “a cool half a million in GTA$” for their troubles. GTA$ is online currency that can be used to purchase equipment and accessories within the game, MediaBistro notes.

Grand Theft Auto 5 was an immediate, record-setting hit when it landed on store shelves last month, generating sales of $800 million in just 24 hours[4].

The launch of the massive, multiplayer online version of the game was expected to draw heavy interest from gamers, but the company’s servers were overwhelmed by the volume[5], leading users to experience problems logging on.

Rockstar Games advises players not to spend their half a million GTA$ “in one place” as they navigate the game’s missions of gleeful mayhem and theft[6].

Shares of Take-Two Interactive Software rose modestly in Wednesday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/09/grand-theft-auto-v.png
  2. TTWO: http://studio-5.financialcontent.com/investplace/quote?Symbol=TTWO
  3. by paying users in currency usable only in it game’s digital world: http://www.mediabistro.com/prnewser/rockstar-apologizes-for-gta-online-glitch-with-lots-of-free-fake-money_b74851
  4. generating sales of $800 million in just 24 hours: http://investorplace.com/2013/09/grand-theft-auto-v-smashes-24-hour-sales-record/
  5. the company’s servers were overwhelmed by the volume: http://investorplace.com/2013/10/glitches-mar-grand-theft-auto-vs-online-launch/
  6. navigate the game’s missions of gleeful mayhem and theft: http://investorplace.com/2013/09/8-things-to-know-about-grand-theft-auto-online/

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