VCT generates $44.3M to teams from digital goods in 2024
The Global Head of VALORANT Esports, Leo Faria, has revealed that the VALORANT Champions Tour (VCT) generated $44.3m...
Tag: Financial
Enthusiast Gaming claims first profitable quarter in Q3 2024 financial results
Gaming media and entertainment company Enthusiast Gaming Holdings has revealed its Q3 2024 financial results, reporting its first-ever...
GameSquare records $14m in new contracts for August 2024
Esports and gaming company GameSquare has claimed that it closed deals valued at over $14m (~£10.69m) in August 2024,...
GameSquare reports increased Q2 2024 revenues despite $12m net loss
Esports and gaming holding company GameSquare Holding has announced its second quarter reports for 2024 ending June 30th,...
Guild Esports explores financial options amid lack of cash
UK esports organisation Guild Esports has revealed that it is exploring a variety of financial solutions following a...
GameSquare secures $20m Pre-Paid Advance Agreement
Esports and gaming holding company GameSquare Holdings announced a $20m (~£15.61M) Pre-Paid Advance Agreement (PPA) with an investment fund...
GameSquare records $17.7m in revenues for Q1 2024 but net loss increases
Esports conglomerate GameSquare Holdings has announced revenues of $17.7m (~£13.9m) and a gross profit of $3.4m (~£2.7m) for...
Saudi Arabia unveils $120m esports and gaming investment funds at LEAP 2024
Saudi Arabia's National Development Fund (NDF) has announced the establishment of two venture funds in collaboration with the...
Automated content platform Allstar secures $12m Series A funding round
Content creator-focused platform Allstar.gg has officially raised $12m (~£9.56m) in Series A funding to accelerate product development. This...
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 results for Q3...