Rivalry reports Q3 loss but sees increases in betting handle and revenue
Esports bookmaker Rivalry has released its financial results for Q3 2023, which includes increases in…
Financial
Promod Esports reportedly shutting down, lays off all staff
UK-based tournament operator and esports agency Promod Esports has reportedly filed for bankruptcy, with its entire…
GameSquare Holdings records increased revenues and net loss for Q3 2023
GameSquare Holdings, the parent company of North American esports organisation Complexity, has announced its financial…
Enthusiast Gaming posts increased losses in Q3 2023 financial report
Esports and media holding company Enthusiast Gaming has reported a net loss of CAD $59.1m (~£34.53m) for Q3…
ByteDance reportedly looking to sell Mobile Legends developer Moonton
ByteDance, the Chinese parent company of TikTok, is reportedly talking to potential buyers for its…
Online tournament organiser GameBattles to shut down in 2024
Online tournament website GameBattles has announced it will close its platform on January 15th, 2024.…
Women’s Car Ball owner G1 late again on staff, team payments
North American esports organisation Gamers First (G1) has yet to pay teams and some staff…
MNM Gaming Rainbow Six roster departs organisation following lack of payments
The Rainbow Six Siege esports roster of MNM Gaming has publicly claimed that the British…
What is the esports winter — and how to navigate the cold?
The news is spreading: the esports winter is upon us. Yet despite being discussed rigorously by media, stakeholders, and professionals, the concept of an ‘esports winter’ divides opinions and causes uncertainty.…
Guild Esports raises £130,000 in follow-on fundraise
UK-based esports organisation Guild Esports has completed a follow-on fundraising round of £130,000. The fundraising was made through a share placing and subscription of up to 26,000,000 new ordinary shares at a…
Toronto Defiant exits Overwatch League, OverActive Media receives payout
Esports conglomerate OverActive Media has announced that its Overwatch League franchise Toronto Defiant has exited the league. OverActive Media explained that it has terminated its Team Participation Agreement in the…
Why domain name protection and enforcement in esports is important
Georgina Bell-Scott, a Solicitor at technology practice Kosnahan Law, writes for Esports Insider to highlight why domain name protection and enforcement in esports is important regarding brand safeguarding. In the…
Esports investment report, October 2023: Microsoft, Karmine Corp and FaZe Clan
Last month was one of the biggest periods for esports investments in the last two years. Not only did Microsoft and Activision Blizzard’s near two-year merger finally get completed, but…
Sentinels ownership group provides $3.4m to support esports organisation
North American esports organisation Sentinels announced earlier this week that it will receive a new cash injection of $3.4m (~£2.79m) from its ownership group. An update from Sentinels’ StartEngine crowdfunding campaign stated that the…
