technology
Rec Room to shut down June 1
The US social gaming platform, once valued at $3.5 billion and used by over 150 million players, will close on June 1 after failing to achieve profitability.
Mar 31st 2026 ยท United States
Insights
- Rec Room will stop operating at 12 p.m. PT on June 1.
- No new accounts or friend requests can be made and creators can no longer share monetized content.
- The platform reached a $3.5 billion valuation in December 2021 and attracted more than 150 million users since 2016.
- Rising operating costs and insufficient revenue led to layoffs earlier this year and the decision to close.
- The company cited a shift in the VR market and broader gaming headwinds as reasons it could not reach profitability.
Sources
- 150 million users later, Roblox competitor Rec Room is shutting down www.theverge.com
- Rec Room, a Roblox-style VR game, is shutting down www.engadget.com
- Social gaming platform Rec Room, once valued at $3.5B, is shutting down techcrunch.com