Disguised Toast esports venture projects $1m loss for 2023
Popular content creator Jeremy ‘Disguised Toast’ Wang has unorthodoxly revealed the 2023 budget for his…
Investments, M&A
Bollywood actor Tiger Shroff invests in Revenant Esports
Indian esports organisation Revenant Esports has announced that Indian actor Jai Hemant Shroff (Tiger Shroff)…
List of publicly traded esports teams
Running a top-flight esports organisation is an expensive business. Player salaries in esports can be…
Influencers who own notable esports organisations
The relationship between esports organisations and online influencers has grown increasingly symbiotic. Most, if not…
University esports company NUEL acquired by GGTech
UK-based university esports company NUEL has announced that it has been acquired by GGTech Entertainment.…
RTE and Galaxy Racer announce merger to form Celestial
Digital media entertainment company Riva Technology and Entertainment (RTE — formerly MSM Corporation International Limited)…
GameSquare Esports releases Q1 2023 results
UPDATE 22/05/23: The article has been updated to include more details about the GameSquare Esports…
Esports company NODWIN Gaming raises $28m
South Asian esports company NODWIN Gaming has signed definitive and binding documentation to raise $28m…
Indian streaming platform Rooter raises $16m
Indian esports and gaming content platform Rooter has announced a new round of financing today, valued at $16m (£12.9m) and led by venture capital company Lightbox. The finance round is…
French esports organisation Team LDLC to cease operations in July
French electronics retailer LDLC has announced that its esports segment, LDLC OL (Team LDLC), will cease operations at the end of July 2023. The owners of LDLC OL, Groupe LDLC…
EU Commission approves $69bn Microsoft Activision Blizzard acquisition
The European Commission has approved Microsoft’s pending $68.7bn (~£50.5bn) acquisition of game publisher Activision Blizzard. The commission said commitments by Microsoft had fully addressed its initial concerns, raising the gaming…
Heroic Group receives cash offer amid financial woes
Publicly-traded Norwegian esports organisation Heroic Group announced it has received a cash offer from Krow Bidco AS to acquire all outstanding shares in the company. Krow Bidco AS has offered…
Level Tap partners with AlphaSync to kit out new esports facility
Liverpool-based esports venue Level Tap has announced three new partnerships to help kit out the facility prior to its grand opening. The venue, set to open later this month, has…
WePlay Esports rebrands to WePlay Studios
Ukraine-based esports tournament organiser and production company WePlay Esports has announced a new brand identity and focus. The first step in the company’s new identity is a name change to…
