Esports tournament organiser and platform FACEIT has announced a partnership with cryptocurrency fintech platform Cake DeFi. FACEIT and Cake DeFi shared that this is a ‘multi-million dollar’ agreement, however, exact figures of the deal have not been revealed. RELATED: FACEIT signs MENA-focused partnership with FATE Esports According to the release, the agreement will help players […]
Astralis terminates Roobet partnership – Esports Insider
Despite only being announced yesterday, Danish esports organisation Astralis has terminated its partnership with online casino platform Roobet. In a statement by the organisation, Astralis admitted it didn’t perform due diligence well enough around ‘local legal matters’. RELATED: Astralis appoints Samantha Foltmar as Head of Digital A day prior, the two entities had announced a […]
MIBR partners with crypto exchange Bybit – Esports Insider
Brazilian esports organisation MIBR (Made in Brazil) has announced a partnership with cryptocurrency exchange Bybit. As a result, the exchange will sponsor MIBR’s female and male rosters across various games such as CS:GO, Rainbow Six, VALORANT and Free Fire. Financial aspects of the partnership were not disclosed. RELATED: Astralis agrees three-year deal with cryptocurrency platform Bybit […]
EXCLUSIVE: W7M announces Free Fire comeback, discloses LBFF 2021 sale price – Esports Insider
Brazilian esports organisation W7M Esports has announced its return to Garena’s Free Fire esports scene by unveiling a woman’s team that will play in the Brazil Woman League. In addition, W7M Esports also disclosed to Esports Insider how much its Brazilian Free Fire League (LBFF) slot was sold for back in August 2021. W7M Esports’ […]
Farming Simulator League shares Season 4 details
GIANTS Software, the developer of Farming Simulator, has announced details regarding the fourth competitive season of its Farming Simulator League (FSL). The FSL will feature a €100,000 (~£84,300) prize pool. Moreover, the tournament will be supported by server infrastructure company Nitrado and gaming chair brand Noblechairs. RELATED: Farming Simulator Esports: A niche scene with €100,000 […]
Generation Esports secures $19m in funding – Esports Insider
Generation Esports (GenE), the founder of the High School Esports League, has secured $19m (~£15.17m) from its Series B funding round. In addition to the funding, the platform has acquired content creation platform Wizard Labs Inc. RELATED: Ghost Gaming unveils partnership with Generation Esports The funding was led by Altos Ventures, which also led the platform’s Series A […]
Galaxy Racer appoints Upmanyu Misra as Managing Partner – Esports Insider
Dubai-based esports organisation Galaxy Racer has appointed Upmanyu Misra as its Managing Partner. In the role, Misra will be responsible for leading investments in addition to the organisation’s financial strategy. RELATED: Galaxy Racer appoints Alisa Jacobs as Chief Strategy Officer Misra joins the organisation after tenures at the likes of American multinational investment banks JP Morgan and Citi, the latter of […]
Understanding market variations in esports – Esports Insider
As a cornerstone of culture, video games have become an extension of various cultures around the world, as laid out in the Interactive Software Federation of Europe (ISFE)’s Guide to Esports. From the Starcraft 2 craze in South Korea to fighting games in the United States and Japan, video games and the competitions around them […]
uGameSquare Esports reveals 2021 financial report – Esports Insider
International gaming and esports company GameSquare Esports, the owner of esports agency Code Red Esports and esports organisations Complexity Gaming, LGD Gaming and R7 Gaming, has shared the financial report for 2021. The company recorded a revenue of CAD $13,6m (~£8.5m), most of which was generated by the company’s agency services department (CAD $10m). The teams […]
Esports Around The World: Malta – Esports Insider
Esports Around The World is a series of profiles outlining the esports ecosystem in various countries globally. The series ties into our ESI Washington DC event taking place 16-18th May 2022, which will focus on esports’ growth around the world. The event will include a first-of-its-kind embassies tour alongside ESI’s trademark combination of networking, education […]