C

Business

Cloud9 raises $50 million in investments, plans to build LA headquarters in 2019

Cloud9 raises $50 million in investments, plans to build LA headquarters in 2019

The 20,000-30,000 square foot facility will be used as a hub for its teams and the organization’s staff, as well as youth esports outreach and training efforts.

Fire, wolves, and knights: WSOE's announcement video is a must-watch

Fire, wolves, and knights: WSOE's announcement video is a must-watch

The video that aims to hype up the company looks like something a 13-year-old boy would dream about after overdosing on Axe body spray.

Russia's largest lottery distributor, Stoloto, signs EPICENTER deal

Russia's largest lottery distributor, Stoloto, signs EPICENTER deal

Russian lottery distributor, Stoloto, has signed a partnership agreement with tournament organizer Epic Esports Events that will see them provide support for their upcoming CS:GO tournament, EPICENTER.

Infinite Esports lays off 19 employees and President

Infinite Esports lays off 19 employees and President

The new company President claims they grew too quickly.

OGN launches $100m NA expansion, creates National PUBG League

OGN launches $100m NA expansion, creates National PUBG League

OGN, one of the oldest esports tournament organizers and a broadcasting network based in South Korea, has partnered with PUBG Corp. to stream and produce the North American National PUBG League (NPL).

NiP extends betting site sponsorship despite Valve warnings

NiP extends betting site sponsorship despite Valve warnings

NiP has decided to extend their sponsorship deal with betting site Betway, even though Valve asked teams not to pick up betting sponsors in the pre-TI8 players meeting in August.

Newbee reportedly in financial trouble, implicated with Chinese mob

Newbee reportedly in financial trouble, implicated with Chinese mob

The team's owner has reportedly borrowed money from other high-profile team owners and investors without being able to pay them back.

Fnatic and G2 among 5 teams to reportedly make EU LCS franchising

Fnatic and G2 among 5 teams to reportedly make EU LCS franchising

Fnatic, G2 Esports, Misfits, FC Schalke 04 Esports, and Team Vitality have all secured their spots in the upcoming EU LCS franchise, according to a report from ESPN.

NODWIN Gaming & Viacom18 bring DreamHack to Asia

NODWIN Gaming & Viacom18 bring DreamHack to Asia

NODWIN Gaming and Viacom18 have partnered with prominent tournament organiser, DreamHack, to bring world-renowned esports events to Asia.

Splyce, H2K & PSG reportedly declined for EU LCS

Splyce, H2K & PSG reportedly declined for EU LCS

It has been reported that Splyce, as well as the newly-partnered H2K and PSG, have both been declined as franchise partners for the EU LCS.

League of Legends annual revenue on track to be worst since 2014

League of Legends annual revenue on track to be worst since 2014

League of Legends is on track to have its worst annual revenue figures since 2014, according to a new report by games and marketing intelligence firm SuperData.

Real Madrid presents esports arena in stadium revamp plans

Real Madrid presents esports arena in stadium revamp plans

The Spanish football club presented a concept of the Santiago Bernabéu Stadium revamp that features its own esports arena.

Head & Shoulders celebrate RAMZES666 as brand ambassador

Head & Shoulders celebrate RAMZES666 as brand ambassador

One of the youngest and most promising esports players becomes the brand ambassador for Head & Shoulders. Details of the contract were not disclosed.

EPICENTER sign partnership with Citymobil

EPICENTER sign partnership with Citymobil

Russian taxi service Citymobil has signed a deal with EPICENTER that will see the company become an official partner of EPICENTER's Moscow CS:GO tournament next month.

Mastercard enters global partnership in "biggest deal Riot has ever done"

Mastercard enters global partnership in "biggest deal Riot has ever done"

American multinational financial services corporation Mastercard has penned a deal with Riot that is reportedly the "biggest deal Riot has ever done", according to The Esports Observer.

FACEIT partners with ODEON to bring the London Major to UK cinemas

FACEIT partners with ODEON to bring the London Major to UK cinemas

FACEIT announces more partnerships, including Barcraft United, to broadcast the first UK Major everywhere they can outside of the internet.

Details of rocky relationship between Riot Games and Tencent revealed

Details of rocky relationship between Riot Games and Tencent revealed

Riot Games and Tencent’s union has not been the rosiest. Although both entities grew, there were times where they did in adverse conditions — as revealed by The Information.

French telecom giant Orange partners with Team Vitality

French telecom giant Orange partners with Team Vitality

Team Vitality have announced on Twitter that they have partnered with French telecom giant Orange S.A.. Terms of the deal were not disclosed.

Sky Sports to broadcast FACEIT London Major finals

Sky Sports to broadcast FACEIT London Major finals

The action from the FACEIT Major — London 2018 is heading to television, as Sky Sports and FACEIT announce a deal that will see the broadcasters display the final matches from the UK's first CS:GO Major.

Riot Games hires former Uber exec to help with workplace culture issues

Riot Games hires former Uber exec to help with workplace culture issues

Frances Frei becomes a senior adviser to help the LoL developer with its recently-announced workplace culture initiative.

ESPN: Paris Saint-Germain, H2K Gaming partner for EU LCS franchising

ESPN: Paris Saint-Germain, H2K Gaming partner for EU LCS franchising

H2K Gaming and Paris Saint-Germain have joined forces to apply for an EU LCS franchising spot, according to a report from ESPN’s Jacob Wolf.

Alibaba esports to relocate and build international presence

Alibaba esports to relocate and build international presence

The esports branch of Alibaba Group's sports affiliate is moving to Chongqing to develop a strong resource platform for esports and build an international esports street.

21st Century Fox invests $100 million in Caffeine streaming platform

21st Century Fox invests $100 million in Caffeine streaming platform

The famous mass-media corporation plans to launch a broadcast studio co-run by Caffeine and Fox Sports called Caffeine Studios.

FACEIT London Major to demonstrate new esports data platform, GRID

FACEIT London Major to demonstrate new esports data platform, GRID

New technology platform GRID officially launches today, created by Moritz Maurer with the aim of making in-game data "accessible, engaging, and commercially viable".

North impress in Stockholm as Dota 2 roster shuffle continues: Weekend recap

North impress in Stockholm as Dota 2 roster shuffle continues: Weekend recap

A surprising Danish side took the competition by storm at DreamHack Masters Stockholm as the Dota 2 roster shuffle continues. Here's the Weekend Recap!

Joe Rogan comments on the possibility of esports in the Olympics

Joe Rogan comments on the possibility of esports in the Olympics

Popular podcast host and stand-up comedian Joe Rogan has shared his thoughts on why esports being incorporated into the Olympics is "dirty business".

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