esports

Chess Player Named Highest Earning Esports Player of 2020

Thirty-year-old Norwegian Magnus Carlsen banked $510,587 in prize money from online site Chess24 — more than any other esports player.

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Video Game Studio Acquisitions Are About To Heat Up

There’s no indication yet which studios might get acquired and by whom, but reports suggest there are plenty of deals in the works.

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Former WWE Co-Presidents Launch New SPAC With Sports In Mind

Last year, there were more than 250 SPAC shell companies listed in the U.S., raising nearly $79 billion for acquisitions.

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'Fortnite' Continues Collaboration Push With Soccer Skins

Epic Games continues to bring real-world entities into its titles.  The developer’s wildly popular “Fortnite” will launch the “Kickoff Set” on Jan. 23, featuring professional soccer uniforms as in-game skins. […]

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Element Partners Will Acquire World Poker Tour

Element Partners is acquiring Allied Esports Entertainment’s poker-related business and assets, including the World Poker Tour.  The transaction is expected to close in late January or early February for over […]

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Amid Short Squeeze, GameStop Stock Surges Over 80%

GameStop’s stock surged last week following its announcements of holiday sales numbers and that Chewy co-founder Ryan Cohen was added to its board. Analysts maintain that its future is uncertain, […]

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League of Legends Drives $1.75B in 2020 Revenue for Riot Games

“League of Legends” is an undisputed heavyweight.  Riot Games’ flagship title generated nearly $1.75 billion in revenue in 2020, the most by any non-mobile free-to-play game. It was No. 6 […]

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Esports Valuations Slow Despite Video Game Surge

With more than $4.8 billion invested into the industry over the past five years, VC firms are putting pressure on esports endeavors to make money.

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Facebook Launches New Effort to Support Black Gaming Creators

The Black Gaming Creator Program is a part of Facebook’s $200 million commitment to support Black-owned businesses and organizations.

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An Epic Year

As more entities cross over into the universes of Fortnite and Rocket League, the NFL expands its partnership with Epic Games.

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