David Zucker, big cheese at Midway, has said that the firm are planning to launch a web-based gaming portal. Zucker hopes the service will boost revenues, after the firm posted a loss of 97 million USD for the previous financial year.

Midway will also unveil some new casual console titles shortly, apparently, the firm clearly hoping that the Wii-inspired casual market can help revive the balance sheets.

Atari have also said they will look to online games and the casual market to improve the company's fortunes, while Zucker admitted that 2008 will be "challenging" for the firm, but with new technology starting to bare fruit, the future looks more promising.

More when the suits fill us in. Already.

By Luke Guttridge

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