The state of Magic: The Gathering Arena in 2021



If you sat in on Hasbro’s Q3 earnings call in October of 2020, you might think Magic: The Gathering Arena had escaped the economic sinkhole that swallowed its cardboard counterpart. You would hear numbers like 2.8 billion games played, “which is up quite a lot since Q2“, and a narrative of digital success being the tide that raises the dinghy of its venerable but struggling analog counterpart.

But the story from players and fans would read more like a relationship where one partner keeps promising this time will be different, punctuated by I-can-do-better gifts. What went wrong, and how can Wizards scry a brighter future?

What happened last year?


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