Hasbro Inc. Chief Executive Officer Chris Cocks said he’ll be focusing even more on video games and the collector card game Magic: The Gathering to reduce the company’s exposure to tariffs associated with traditional toys.
Participants play a Magic: The Gathering card game during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. In the battle for gaming dominance, Hasbro Inc. has what it hopes is an ace up its sleeve—in a deck of playing cards that hit the market 26 years ago.
Hasbro's turnaround is gaining momentum, powered by the game "Magic: The Gathering." Revenue from the popular card game more than doubled in the fourth quarter. Hasbro CEO Chris Cocks joins "Bloomberg Open Interest." (Source: Bloomberg)
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