The Saudi Arabian government’s Public Investment Fund (PIF) has reportedly acquired a five percent stake in game developer and publisher Nintendo. The $500bn (~£403bn) fund said it purchased the stake for ‘investment purposes’, according to a filing to Japan’s Finance Ministry reported by Bloomberg. The PIF is Saudi Arabia’s sovereign wealth fund. It has purchased similar stakes in Japanese game […]

Canadian esports holding company OverActive Media, owners of MAD Lions, Toronto Ultra, and Toronto Defiant, has revealed its financial results for the first quarter of 2022. The company recorded CAD $2.1m (~£1.3m) in revenue and a net loss of CAD $4.6m (~£2.88m). Both figures are higher than those recorded for the same time period last year.  RELATED: OverActive Media releases […]

Warner Bros. Games’ fighting title MultiVersus announced on its official Twitter account that it will be a part of the Evolution Championship Series (EVO) 2022, set to be held in Las Vegas on August 5-7th.   The title will hold a 2V2 format tournament featuring a $100,000 (~£82,000) prize pool. RELATED: Can fighting games become a mainstream esport without abandoning grassroots? […]

Esports data company Bayes Esports has announced a strategic investment of €6m (~£5.1m) that will be used to further scale the company and expand to new markets. According to the release, the new investment will be used to hire at least 25 new team members and double the Berlin-based company’s strategic partnership portfolio. RELATED: Bayes continues crunching numbers for ESL […]

South Asian tournament organiser Skyesports has partnered with content platform Rooter and chip manufacturer AMD for the upcoming season of the Skyesports Champions Series (SCS). AMD will be the presenting partner for the VALORANT tournament. Moreover, the SCS will be ‘powered by’ Rooter. As a result, Rooter will broadcast the regional language streams for the event in Tamil, Telugu, Bengali […]

International esports organisation T1 Entertainment & Sports has signed a deal with CAA Sports, a division of entertainment and sports agency Creative Artists Agency. The deal will see CAA Sports represent the organisation for sponsorships and endorsements. In addition, CAA Sports has signed T1’s Korean star player Lee ‘Faker’ Sang-hyeok. RELATED: Smart teams up with T1 to bolster Philippines esports […]

Dota 2’s WePlay AniMajor wasn’t your regular large scale LAN event. It was an anime-inspired showcase, held during the height of a global pandemic, on the site of the legendary Kyiv Major 2017.  Moreover, it recorded the most hours watched for a Dota 2 Major, and the second-largest peak viewership for any Dota 2 Major with 645,000 concurrent viewers.   To reach […]

American esports and gaming company FaZe Clan has announced a partnership with mechanical keyboard brand Ducky.  As a result of the partnership, Ducky and FaZe will collaborate on a FaZe-branded mechanical keyboard that will be sold in May 2022.  RELATED: EXCLUSIVE: FaZe Clan announces partnership with Current Founded in 2008, Ducky is a Taiwanese manufacturer of high-end gaming keyboards. The […]

Esports and gaming company Wisdom Gaming has named prediction platform BallStreet Trading as the official fantasy partner for HeroesCCL Season 4.  Starting this August, the BallStreet platform will serve as an official extension to the competitive Heroes of the Storm competition. RELATED: Wisdom Gaming launches Fight Night: Lights Out tournament series As part of the deal, the platform will also […]

Game publisher Garena has announced a $1m BRL (~£160,000) prize pool off-season tournament in Brazil for its mobile battle royale Free Fire. Titled the ‘C.O.P.A. FF: Corrida do Milhão‘ (roughly translated as Free Fire Cup: The Million Race), the tournament will feature the 18 teams qualified for the Brazilian Free Fire League’s (LBFF) first division, plus six invited teams. RELATED: […]