Faze Clan records $53.2m loss for 2022 as financial troubles continue
North American esports organisation FaZe Clan has announced a net loss of $53.2m (~£43m) for…
Investments, M&A
Astralis initiates ‘strategic review’ amid low stock price, considers delisting company
Astralis Group, the parent company of Danish esports organisation Astralis, announced its Board of Directors…
Heroic secures vital $1m investment, avoids closure
Norwegian esports company Heroic Group has secured a funding round of NOK 10m (~£780,000) with…
Enthusiast Gaming records CAD $76.8m net loss for 2022
Esports holding company Enthusiast Gaming has recorded a net loss of CAD $76.8m (~£45.9m) for…
Esports venue Level Tap to open in Liverpool ONE shopping complex
Shopping, leisure and residential complex Liverpool ONE will open an esports venue later this year.…
Giants Gaming launches Giants Innovation Hub, VC fund
Spanish esports organisation Giants Gaming has unveiled the Giants Innovation Hub in Málaga, Spain. According…
StudioNow acquires esports talent agency Bad Moon Talent
Digital production company StudioNow has acquired esports talent agency Bad Moon Talent. As a result,…
FURIA expands to Europe; opens Malta facility
Brazilian esports and gaming organisation FURIA has expanded into Europe after announcing a new base…
X1 Entertainment Group parts ways with recent acquisition ShiftRLE
Rocket League news outlet ShiftRLE has parted ways with its owner, Canadian esports holding company X1 Entertainment Group, the outlet announced on Twitter. Shift will operate independently going forward, with…
Astralis 2022 financial results show increased revenue and decreased loss
Danish esports organisation Astralis has revealed its financial results for 2022 in a 52-page annual report which included a letter to shareholders, finance details, an auditor’s report and a future…
Entain agrees $13.25m acquisition of esports betting company Sportsflare
Global sports betting company Entain has agreed to purchase Sportsflare, Tiidal Gaming’s esports betting solutions firm, for $13.25m (~£10.9m). The agreement will see Tiidal Gaming sell all of Sportsflare’s shares…
Which footballers own esports teams?
With every passing year, the esports and sports crossover becomes progressively prevalent. Esports are increasingly integrated into sports events, from racing to the Asian Games and the Olympics. Football clubs…
China Esports Blast: February 2023
Each month, sports digital agency Mailman shares the biggest industry news and insights from China’s esports scene, along with analysis on why it matters. February 2023 saw several key developments in China’s…
British Esports expands Sunderland esports campus plans
UK non-profit industry body the British Esports Federation (BEF) is expanding plans for its campus in Sunderland to incorporate a new creative hub alongside esports and gaming accommodation. The new…
