Midway today announced financial results for the second quarter ended June 30, 2006. Quarterly net revenue was $25.9M, compared to $36.9M at the same time last year, and net loss clocked in at $31M, which is a small increase over the previous year's Q2 loss of $29.9M. Midway anticipates similar numbers for Q3 but expects Mortal Kombat: Armageddon to buoy Q4 results.

Another day, another batch of game trailers was released. Instead of giving them all their own posts, we grouped them, and so far there are trailers for:

• Just Cause (X360/PC) - Trailer #4
• Rayman Raving Rabbids [ALL] - Trailer (2)
• Theatre of War - Trailer #4
• Rule of Rose [PS2] - E3 2006 Trailer
• GTR [X360] - Trailer
• 
  
  We will update this throughout the day when new trailers become available. Read more for download links ...

Activision released its financial numbers for Q1 of fiscal 2007, and while revenue dropped from $241 to $188 million, and net losses went up from $3.6 to $18 million, the overall results were better than expected, mainly due to strong sales of X-Men: ToG and Over The Hedge. The subsequent conference call revealed that Enemy Territory: Quake Wars has a tentative release date set for Q4 2007 (ends March 2007) and executives were impressed by the popularity of the two Call of Duty 2 mappacks, which garnered a total of nearly $1 million.

LucasArts presents the first in a series of feature stories about Thrillville. You can expect stories like the one that follow approximately once every month from now until the game's release on PS2, PSP and Xbox this November, each article further detailing certain aspects of the game.

For Liberty! is a turn based computer strategy game for the PC, covering two wars of independence - the American Revolution (1775-1783) and the Rakoczi War of Independence in Europe 1703-1711. This v1.51 patch fixes a few bunch, and makes some enhancements.

Crackdown pushes the action-driving hybrid genre into the next generation with the introduction of the first-ever truly 3-dimensional persistent playground, highly innovative co-op gameplay and an extensive prop interaction system all while taking place in a massive and highly-stylized urban center.

Enchanted Arms is an X360 exclusive RPG, an epic adventure created by FromSoftware in Japan arriving for the first time in North America and Europe. Enchanted Arms allows players to escape to a fantasy world filled with beautiful cinema-quality graphics, unique characters and bizarre creatures.

Pac-Man World Rally is an original kart racing game that puts players behind the wheel as Pac-Man or one of 14 other classic Namco characters racing for the checkered flag while using unique power-ups and items to prevent their opponents from claiming victory.

Paradox Interactive announced today the launch date for their expansion to Victoria: An Empire Under the Sun. Launching exclusively on Gamersgate.com, Victoria: Revolutions will be available on August 17 for $9.99/EUR9.99.

Enemy Territory: Quake Wars pits the armies of Earth against the invading alien Strogg in the ultimate online strategic shooter. Featuring strategic team play, persistent character promotions, day and nighttime combat missions, and the universe's most powerful weapons and vehicles.

Penny Arcade announced that next month's Penny Arcade Expo (PAX) in Washington State will play host to the first ever Guild Wars Live Event, an ArenaNet and NCsoft sponsored event where attendees can compete for more than $10,000 in cash and prizes at the PAX 10K Arena.

Test Drive Unlimited challenges players online to experience the most exotic and fastest vehicles on more than 1000 miles of diverse Hawaiian roads. Gamers win races, challenges, missions and tournaments to earn credits and purchase new cars, bikes, rare performance parts, clothes, apparel, homes and garages.

Blizzard announced plans to strengthen its current development efforts by refocusing key members of its console team on other projects within the company. This decision followed an extensive evaluation of the company's aggressive development plans.

In addition to previously announced titles Rayman Raving Rabbids and Red Steel, Ubisoft is working on Monster 4X4 World Circuit, Open Season, a game based on the popular Far Cry franchise, Blazing Angels: Squadrons of WW II, and GT Pro Series. Prince of Persia is also in development, scheduled for March 2007.

An evolution in open world gaming, Saints Row provides an unprecedented amount of freedom to experience the game as the player sees fit. The game, based in the fictional urban surroundings of Still Water, is action adventure with its core as a third-person shooter.

Artificial Studios announced today the December 2006 release of CellFactor: Revolution, an updated & enchanced version of its tech demo Cellfactor: Combat Training. The title is an action-packed FPS with true-to-life physics for the PC, which takes advantage of the capabilities of the dedicated AGEIA PhysX processor.

Full Auto 2: Battlelines puts high-speed vehicles outfitted with weapons and armor into fully realized and fully destructible urban street environments. Fierce combat-racing will ensue as you strategically use destruction to win races as well as leave massive devastation in your wake.

GC 2006 will be a debut for Buka’s recently announced non-stop action game Collapse, as well as an updated look at titles such as Aggression: Europe 1914, DUSK-12, Pacific Storm: Allies, Hard Truck Apocalypse: Rise of Clans and The Stalin Subway: Red Veil.

In One Piece: Pirates' Carnival you can dominate the game board by defeating up to three friends in a series of zany games guaranteed to tickle the funny bone of the surliest of pirates. Gamers must evade bombs in a dodge ball field, locate the Pandaman, out-maneuver giant feet and more to become King of the Pirates.

Turbine announced today that The Lord of the Rings Online: Shadows of Angmar has entered the alpha phase of development, and so far over 125,000 fans have already signed up for the Beta Program.

Untold Legends Dark Kingdom will set the standard for next-gen action-RPGs by delivering an immersive fantasy experience through its breath-taking graphics, dramatic storyline, and action-packed battles filled with heart-pounding combat, magical spells and brilliant SFX.

Rochester Institute of Technology student Micah Ernst has become $100,000 richer by emerging from a field of over 6,000 registrants to win Verizon's first online gaming competition, the Verizon FiOS Grand Tournament.

B-Boy uses a dynamically controlled fighting system to help you battle the best b-boys on the planet. Over the course of an in-depth "B-Boy Life" mode, players build up a crew and battle against real-life superstar b-boys including legendary and original b-boy in-game host Crazy Legs.

ArenaNet and NCsoft announced today that the Guild Wars online store is now open for business. Players can now download Guild Wars games and accessories from right inside the game, and the digital distribution will enable this content to be used immediately, without the need for downloads or CD installation.

Ubisoft has released a new patch for its tactical FPS Ghost Recon Advanced Warfighter, bringing your retail/download version to v1.21 and adds 2 new game modes, Team Deathmatch and Hamburger Hill. Additionally, it will implement the death cam, a feature showing you how you died and who shot you.

Mage Knight Apocalypse is an action RPG based on the collectible miniature game from WizKids Games. Designed with a unique character leveling system and an unprecedented focus on team play, Mage Knight Apocalypse allows up to five players to embark on a cooperative or competitive journey through a war-torn fantasy setting.

Microsoft today announced what anxious players have been eagerly awaiting: Emergence Day 2006. Available exclusively for the Xbox 360, Epic's highly anticipated Gears of War will be available in North America on Nov. 12, 2006 and Europe Nov.17, 2006.

A spiritual sequel to Woo's action masterpiece, Hard Boiled, Stranglehold redefines the action gaming experience with its acrobatic gunplay, thrilling cinematography, frenetic combat and incredible massive destructibility. Originally scheduled for winter 2006, it has been pushed back to Q1 2007.

Call of Duty 3 delivers the intensity of being closer than ever to the fury of combat during the battle for the Liberation of Paris, the most harrowing campaign of WWII, known as The Normandy Breakout.

Midway today announced the development of Rampage: Total Destruction for the Nintendo Wii, reinventing the classic arcade series and offers up a wide array of playable monsters that have the ability to perform unique combo attacks and individual super moves.

THQ has signed a worldwide publishing agreement with Gas Powered Games for its RTS game Supreme Commander. Chris Taylor is known for his work with Total Annihilation under Cave Dog, and Supreme Commander will mark his return to a genre that he helped popularize.

With the recently announced changes to the E3, Lunar Tide Communications is pleased to offer America's VideoGame Expo (VGXPO) as an alternative venue where the game industry can communicate directly with their target audience - the consumer.

Echoes of Faydwer introduces a new playable race, The Fae, as well as over 350 new quests, new hats, cloaks, armor, and new horse mounts available to players of all levels. On top of that EQII players will encounter over 40 new types of creatures, more than 20 new zones and adventure areas, new PvP rewards, plus all-new items, equipment, spells and tradeskill recipes.

1C Company unveiled today the 7 titles to be shown at the Games Convention (GC) in August, 2006. The lineup spans multiple genres including a first-person shooter, real-time strategy, third-person stealth action and role-playing games.

Taking place three years after the original PS1 title, gamers follow Vincent Valentine's journey as he uncovers shocking truths never revealed in Midgar. Vincent is connected to recent attacks, and he may be the only one who can save this shattered world. When the world is engulfed in darkness, his gun will toll a dreadful dirge.