If you were worried about Midway, what with its rather bloody-looking first quarterly earnings report for the year of 2008, then fret not, as Wedbush Morgan's own Michael Pachter thinks that this year will be a good year for the company. In fact, his own firm is telling investors to hold on to Midway shares, as they truly believe that they're going to bring in the dough soon enough. All the details in the full article.

Eager for next-gen football action with Electronic Arts' Madden NFL 09( Xbox 360, PS3, PSP, Wii, DS)? Then head on over to the full article as we catch wind of a groundbreaking new feature being included in the game. Yes, you read the title right - you'll be able to return missed field goals, and turn that mess-up from the opposing team into an opportunity get some points and make sure the victory goes to you. The details after the jump.

It's always a bit daunting (in a good way) to see the quarterly financial figures of your favorite gaming company, and it's the same here, as Midway Games has just posted its numbers for the first quarter of 2008. Sure, they're still losing quite a bit of money, but they're also making quite the killing when compared to previous quarters. In any case, all the numbers, facts, and figures after the jump. Bring your own calculators.

It seems that Rockstar's own Vice President of Creativity, Dan Houser, has something to say about the recent boom in casual gaming. Before you ask, no, he actually appreciates what the Nintendo Wii and Nintendo DS are doing - but as far as casual games are concerned, you might as well color him unimpressed. Check out what Dan said in the full article and see what it means to you.

Looking for a homebrew game for your Nintendo DS that teaches as well as entertains? Then get ready to impress your friends at any party (provided there's a piano in there somewhere) after you've given homebrew developer DesertDog's Game Melody Oratorio for the Nintendo DS a spin. Check out what's new in the second  volume of this award-winning rhythm game.

Download: Game Melody Oratorio Volume Two

If you're one of the few people to ever finish Etrian Odyssey, Atlus' charming but definitely challenging RPG for the Nintendo DS, then here's some good news. You'll have a new set of stratas to tear through, courtesy of Etrian Odyssey II: Heroes of Lazaard, and we have its first official trailer for you. Check it out in the full article, and see just how deep this particular strata in the world of video games goes.

Wondering just who the unlucky suitor was that got shot down by SCi Entertainment? Then wonder no more, as it seems the jilted lover pretty much came up and admitted to it. Who is it, you ask? Infogrames, the guys who brought us the Alone in the Dark series. Check out just what could have gone wrong in this deal at the full article, and why Infogrames thinks they could've been perfect for one another.

There's a lot going on in the videogames industry, corporate-wise, and it seems that Midway is also joining the fray - with none other than CEO Matt Booty talking about how the publisher famous for the Mortal Kombat series might possibly be joining Viacom. Interested? Then check out all the details in the full article, and see what it means to you as well as the industry in general.

If you're wondering just what's going down in the upcoming Paris Games Developer Conference this June 23 and 24, then we've got a news update regarding the ever-so-important keynote: LittleBigPlanet creators Mark Healey and Alex Evans will be delivering it. They'll be talking about quite a lot of things (besides their own game). Check out all the details in the full article and see what this means to you.

Itching for some oldschool shoot-em-up action on your Nintendo DS? Then homebrew developer Dopefish's OpenTyrian DS should be what you need. Now in its 0.3 version, this blast from the DOS gaming library should keep you occupied, with more improvements and updates to make the gaming happy flow. Check it out in the full article.

Download: OpenTyrian DS v0.3