Team Envy and Generation Esports announced that they have partnered to bring more esports programs to Texas schools. Financial terms of the deal were not disclosed. Envy will work with Generation Esports’ High School Esports League (HSEL) and Middle School Esports League (MSEL), integrating its “players, coaches, and content creators into HSEL and MSEL curricula,” […]
The best ways to sell your CS:GO skins for cash
CS:GO skins are a real, profitable, large market. Although reliable data regarding its cash flow is difficult to obtain, in 2021 it will probably be worth more than $10 billion. In 2015, it was worth $2.3 billion, in 2016 $5 billion… Its rapid growth suggests that in 2021, it might be worth even more than […]
Krafton Announces PUBG Mobile Replacement for India: Battlegrounds Mobile India – The Esports Observer
PUBG Mobile will return to India, albeit under a new name, according to an announcement from South Korean video game developer Krafton, Inc. The game will be released under the new name, Battlegrounds Mobile India, and will be launched as a free-to-play offering on mobile devices. There will be a pre-registration period before launch (at […]
Envy Gaming join forces with Generation Esports – Esports Insider
Dallas-based esports organisation Envy Gaming has announced a partnership with Generation Esports, the founder and operator of the High School Esports League (HSEL) and Middle School Esports League (MSEL). As a part of the deal, Envy Gaming has been named the exclusive professional esports partner of HSEL and MSEL in Texas. Moreover, the organisation will […]
Facebook Gaming Supporting PUBG Mobile Tournament in Brazil – The Esports Observer
The Netenho Cup, a tournament organized in Brazil by PUBG Mobile principles Tencent Games and PUBG Corp in partnership with the influencer Neto “Netenho” Cavalcante, will count on the support of Facebook Gaming and the sponsorship of the Brazilian hardware brand Pichau Gaming. The tournament is set to happen May 8-16, counting both on professional […]
Three (types of) companies that might unshackle monetisation in esports
To see the myriad companies adapting to the digital world, one need only look. In the last few years, entrenched business models in sport have been challenged by fresh-faced newcomers with different ideas. Esports is a classic disruptor. Down to the way in which competition is played and observed, this precious UFO is flying in […]
Evil Geniuses Hires Renee Hall as its New Director of Gaming Operations – The Esports Observer
North American esports organization Evil Geniuses announced Friday that it has hired Renee Hall as its new director of gaming operations. Prior to joining EG, Hall worked for nearly four years at Red Bull Media House as a partnerships marketing manager and a partnerships & events specialist. Before that, she worked for Red Bull for […]
Modern Times Group Reports Net Loss of $14.7M, Invests into B2C, Mobile, and Sports Digitalization Products – The Esports Observer
ESL and DreamHack parent Modern Times Group (MTG) reported its financial results for the first quarter of 2021, recording net sales of kr1.01B SEK ($120M USD), up 9.4% compared to kr924M ($110M) in the same quarter last year. The majority of the net sales were generated by the group’s gaming vertical, which recorded kr767M ($91.1M) in net sales or 75.9% of the group’s total net sales, while its esports […]
Esports investment report, April 2021: OverActive Media, GRID, Epulze
Aside from Epic Games raising an eye-watering $1bn (~£727m), endemic esports companies such as GRID, Epulze, Semper Fortis, and OverActive Media also raised substantial funds in April. Every month, Esports Insider compiles a list of the month’s key investment stories. To read more about a story below, click the link in the corresponding title. Spotlighted […]
Huya secures Chinese League of Legends deal, ECI launches | ESI Digest #40 – Esports Insider
Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below. In this week’s ESI Digest, we cover Huya’s monumental Chinese League of […]