Business of Esports News - August 22, 2019

All the day's business news from the esports industry - powered by thebusinessofesports.com

When A 16-Year-Old Earns $3 Million, You Know It's Not A 'Silly Fad'

When A 16-Year-Old Earns $3 Million, You Know It's Not A 'Silly Fad'

Video gaming has a massive audience of engaged fans. According to Newzoo, this year e-sports will generate $1.1 billion in revenue and the ranks of its fans will swell to over 450 million. It turns out most of these folks love watching others play vide...

forbes.com
These 'gamer shoes' are terrible, overpriced, and a perfect example of why 'gaming'-bra...

These 'gamer shoes' are terrible, overpriced, and a perfect example of why 'gaming'-bra...

In a surprising twist, there is no benefit to playing games while wearing K-Swiss's "performance esports shoes."

businessinsider.com
Ninja’s first book isn’t literature — it’s a brand extension

Ninja’s first book isn’t literature — it’s a brand extension

If you’re already a gamer, his advice can’t help you

theverge.com
Glu Mobile Reminds Investors Why Mobile Gaming Is a Fickle Industry

Glu Mobile Reminds Investors Why Mobile Gaming Is a Fickle Industry

The mobile gaming specialist tanked after one of its titles failed to bring in the dough.

finance.yahoo.com
Dubai to host the World Finals of the GIRLGAMER E-Sports Festival

Dubai to host the World Finals of the GIRLGAMER E-Sports Festival

Are you a big fan of video games?

timeoutdubai.com
Interactive gaming firm Nazara Technologies acquires 67% stake in Sportskeeda - Exchang...

Interactive gaming firm Nazara Technologies acquires 67% stake in Sportskeeda - Exchang...

With this investment, Nazara adds 25 million monthly active users and closes in on 100 million monthly active users on its network

exchange4media.com
Luminosity Gaming Adds Three Popular Fortnite Influencers With Reach of Almost 3M Follo...

Luminosity Gaming Adds Three Popular Fortnite Influencers With Reach of Almost 3M Follo...

TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast” or the “Company”), one of the largest vertically integrated video gaming media companies in North America, is excited to announce th...

globenewswire.com
Mobile gaming is a $68.5 billion global business, and investors are buying in – TechCrunch

Mobile gaming is a $68.5 billion global business, and investors are buying in – TechCrunch

By the end of 2019, the global gaming market is estimated to be worth $152 billion, with 45% of that, $68.5 billion, coming directly from mobile games.

techcrunch.com
Allied Esports Entertainment CEO says esports is bigger than 'music and movie industry ...

Allied Esports Entertainment CEO says esports is bigger than 'music and movie industry ...

Allied Esports Entertainment went public on the NASDAQ, after being acquired by Black Ridge and combining with WPT enterprises, under the ticker AESE. Frank Ng, CEO of Allied Esports Entertainment, joins Yahoo Finance to discuss the esports industry an...

sports.yahoo.com
DrLupo signs multi-year streaming and esports contract with Rekt Global

DrLupo signs multi-year streaming and esports contract with Rekt Global

Popular Twitch game streamer Benjamin "DrLupo" Lupo has signed a multi-year contract with esports company Rekt Global.

venturebeat.com
Red Bull Conquest Orlando Qualifier set for the Fortress at Full Sail University

Red Bull Conquest Orlando Qualifier set for the Fortress at Full Sail University

Red Bull Conquest is set to kick off its 2019 qualifying series at The Fortress at Full Sail University, the new state-of-the-art esports venue, in Orlando on Saturday, Aug 24.

fullsail.edu
Ubisoft on Rainbow Six Siege’s Esports Future and Revenue-Share Program Changes

Ubisoft on Rainbow Six Siege’s Esports Future and Revenue-Share Program Changes

During this weekend’s $500K USD Six Major Raleigh 2019 tournament, Ubisoft announced a series of changes to its revenue-sharing pilot

esportsobserver.com
Newzoo: Esports Audiences Vary By Franchise, 71% Loyal to Just One Game

Newzoo: Esports Audiences Vary By Franchise, 71% Loyal to Just One Game

Newzoo compared audiences for popular esports franchises in regard to viewership and gameplay. Roughly a quarter of League of Legends

esportsobserver.com
Finished at 23, eSports players peer nervously into retirement

Finished at 23, eSports players peer nervously into retirement

As the first generation of professional gamers enters retirement, eSports is forced to confront a vexed question: after years spent killing rivals in a virtual world, what next? It is a quandary that comes far earlier than in most sports -- in the mos...

sports.yahoo.com