League of Legends

‘League of Legends’ Boosts Tencent’s $21.3B Quarter

Video games accounted for 32% of Tencent’s total revenue in Q1 2022. The tech conglomerate generated $21.3 billion in revenue in Q1.

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‘League of Legends’ Maker Agrees to $100M Settlement

Riot Games, maker of “League of Legends,” has agreed to a $100 million settlement with two California agencies.

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Sleeper More Than Quadruples Valuation to $400M

Fantasy sports startup Sleeper has reached a $400 million valuation following a $40 million funding round.

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The Biggest Deal in Esports History

TSM has announced a $210 million naming rights partnership with FTX. The deal is the largest of its kind in gaming history.

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As Esports Rise, Tencent Continues to Invest

Tencent, the Chinese conglomerate, has started to invest not only in its wheelhouse of games but the players behind the screen.

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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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ESPN to Cease Daily Coverage of Esports

ESPN launched its vertical devoted to the world of competitive gaming in 2016. But ultimately the new business didn’t scale enough to make a meaningful impact, said sources.

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Just Game It

Nike is leaning further into esports with a new ad that began airing in China alongside the ongoing League of Legends World Championship in Shanghai. Last year, the event drew […]

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Spotify Inks First Esports Deal, Becomes Audio Sponsor of Riot Games

More than 100 million people tuned in to the 2019 League of Legends World Championship, solidifying its status as the most popular esport. The game already had an official Spotify page with 4.9 million followers.

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Verizon Gaming

Verizon is taking another step into esports as it is becoming a lead sponsor of esports organization FaZe Clan. FaZe Clan, which includes competitive players, more than 80 influencers and […]

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