Business of Esports News - August 29, 2020

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

App Store netted $22.2bn in gaming revenue in H1 2020

App Store netted $22.2bn in gaming revenue in H1 2020

Apple made more than double the revenue compared to Google and its Play Store.

gsmarena.com
‘Gaming has saved a lot of guys’: Inside the NBA bubble’s favorite pastime

‘Gaming has saved a lot of guys’: Inside the NBA bubble’s favorite pastime

In early July, before 22 NBA teams traveled to Lake Buena Vista, Florida, for the league’s restart amid the COVID-19 pandemic, Miami Heat big man Meyers Leonard…

theundefeated.com
Gamers Reap Millions From Twitch-Fueled River of Record Cash

Gamers Reap Millions From Twitch-Fueled River of Record Cash

When pandemic-fueled lockdowns led to a boom in streaming video games, millions of people suddenly saw a clearer path to turning their favorite waste of time into a career.

bloomberg.com
World's largest gamer firm Razer unveils record-high revenue of $447.5m during pandemic

World's largest gamer firm Razer unveils record-high revenue of $447.5m during pandemic

'2020 has been a year like no other for all of us around the world,' said CEO and co-founder Min-Liang Tan.

finance.yahoo.com
PlayStation is hiring people to play video games for a living – but there is a catch

PlayStation is hiring people to play video games for a living – but there is a catch

The hours of work are likely to be 37.5 per week, working from 9 AM to 5:30 PM, Monday to Friday.

timesnownews.com
Dignitas launches initiative for female esports players

Dignitas launches initiative for female esports players

Dignitas, the esports organization affiliated with the Philadelphia 76ers NBA basketball team, is launching an initiative for females in gaming.

venturebeat.com
Tencent Esports to Invest $14.5M to Reinforce Peacekeeper Elite Esports Ecosystem, Incl...

Tencent Esports to Invest $14.5M to Reinforce Peacekeeper Elite Esports Ecosystem, Incl...

Leo Liao, marketing director of Tencent Interactive Entertainment Group and president of Peace Elite League Union (PEL), announced at the

esportsobserver.com
A look inside America’s largest esports stadium

A look inside America’s largest esports stadium

A lot of the time, esports can be dismissed by outsiders as people playing video games. The Esports Stadium Arlington is no joke either. The 100,000-square-foot venue is the largest esports facility in North America.

uk.finance.yahoo.com
Esports Entertainment Group Signs LOI to Acquire the Esports Gaming League

Esports Entertainment Group Signs LOI to Acquire the Esports Gaming League

BIRKIRKARA, Malta, Aug. 26, 2020 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) ( the “Company”), a licensed online gambling company with a focus on esports wagering and 18+ gaming, signed a Letter of Intent (“LOI”) to ac...

finance.yahoo.com
Champion’s Esports-Oriented “Gamer Collection”

Champion’s Esports-Oriented “Gamer Collection”

Ever-growing and certainly accelerated by the absence of live sports, the esports category positions gamers as athletes and builds entire leagues around the various video games they play. From firs…

coolhunting.com
FC Barcelona signs esports collaboration with Tencent

FC Barcelona signs esports collaboration with Tencent

FC Barcelona has announced a strategic esports partnership with Tencent which covers competitive gaming competitions, education and industry exchange. As part of the collaboration, Barcelona will ‘engage in deep communication’ with Tencent regarding...

insidersport.com
EA has seen the future of esports, and it’s shorter, celeb-filled, and for more than ju...

EA has seen the future of esports, and it’s shorter, celeb-filled, and for more than ju...

Inside the video-game giant’s reinvention of its esports strategy to be more surprising, more inclusive, and more like TV.

fastcompany.com
The International 10 becomes the Largest Esports Prize Pool - Esportz Network

The International 10 becomes the Largest Esports Prize Pool - Esportz Network

Esports history was just made thanks to Valve. The International 10's prize pool just became the biggest esports prize pool in history. TI10 surpassed TI9's $34.3 million prize pool for the biggest Dota 2 esports event, mostly thanks to fan contributions.

esportznetwork.com
Esports Platform Challengermode Secures $12 Million Investment

Esports Platform Challengermode Secures $12 Million Investment

Zlatan Ibrahimovic among group of investors for Challengermode.

forbes.com
Gedget: Surging Interest in eSports Opens New Market Niches in UAE

Gedget: Surging Interest in eSports Opens New Market Niches in UAE

An innovative UAE-based startup, Gedget, has been quick to seize the opportunity, selling tens of thousands of products online to eSports enthusiasts.

businesswire.com
What brands need to know about esports

What brands need to know about esports

Esports is competitive, organised video game competitions and it’s the fastest growing sports segment in the world, with some 400 millions of players worldwide. Esports is calculated to be worth in excess of US$1 billion this year, according to researc...

cmo.com.au
Rappers Logic, Pusha T part of ownership group to acquire Chaos Esports Club | Dot Esports

Rappers Logic, Pusha T part of ownership group to acquire Chaos Esports Club | Dot Esports

GG Group is making moves.

dotesports.com
Adidas and Puma get into bed with ESports organizations - eCentral Sports

Adidas and Puma get into bed with ESports organizations - eCentral Sports

Over the last couple of years, Puma and Adidas have started competed for marketing opportunities in an entirely different arena: ESports.

ecentralsports.com
Ben Simmons invests in esports org FaZe Clan

Ben Simmons invests in esports org FaZe Clan

The Philadelphia 76ers forward has worked with FaZe frequently in the past.

espn.com
Spotify Places Sports And Esports At Center Of Digital Audio Strategy

Spotify Places Sports And Esports At Center Of Digital Audio Strategy

Spotify becomes official audio partner of League of Legends eSports, its latest move into the world of sports audio.

forbes.com
An eSporting Chance: The Mobile eSports Opportunity | Mobile Marketing Magazine

An eSporting Chance: The Mobile eSports Opportunity | Mobile Marketing Magazine

Casey Campbell, Managing Director, North America, at Gameloft , looks at the rise and rise of mobile eSports, and the opportunities the channel presents for advertisers. The eSports market has seen rapid growth in recent years, as more people experie...

mobilemarketingmagazine.com
Fortnite Star Tfue Settles Dispute With FaZe Clan, Ending Esports’ First Major Employme...

Fortnite Star Tfue Settles Dispute With FaZe Clan, Ending Esports’ First Major Employme...

Fornite streaming star Turner “Tfue” Tenny is officially no longer under contract with esports organization FaZe Clan, and all legal matters between the two parties have been dismissed.

forbes.com
For HP Inc, gaming is driving PC sales growth - ETtech

For HP Inc, gaming is driving PC sales growth - ETtech

Gaming is also playing a key factor in the purchase decisions of standard computing devices, said HP Inc's Vickram Bedi

tech.economictimes.indiatimes.
Epic Games denies seeking 'special deal' on Apple's App Store

Epic Games denies seeking 'special deal' on Apple's App Store

Epic Games is denying Apple's allegations that it requested a "special deal" from the tech giant.

foxbusiness.com
A PlayStation phone should be Sony's answer to Xbox game streaming

A PlayStation phone should be Sony's answer to Xbox game streaming

Mobile gaming is better than ever, the PS5 is coming, and cloud gaming is here. It's time for a PlayStation phone.

androidauthority.com
How do you do, fellow gamers?—Burger King exploits Twitch for cheap ads

How do you do, fellow gamers?—Burger King exploits Twitch for cheap ads

Was a fast food chain's ad campaign merely scummy, or did it violate FTC rules?

arstechnica.com
Apple rips into Epic Games in a court filing about the Fortnite saga

Apple rips into Epic Games in a court filing about the Fortnite saga

Grab your popcorn everyone, and let's read the latest round of mud-slinging as Apple fires back at Epic Games in latest episode of Fortnite drama.

thenextweb.com
Corsair Gaming Files For $100  Million Initial Public Offering

Corsair Gaming Files For $100 Million Initial Public Offering

Corsair Gaming, PC gaming peripherals maker files to go public with an IPO of $100 million

forbes.com

Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.

sec.gov
News publishers join Epic Games in asking Apple for lower App Store fees

News publishers join Epic Games in asking Apple for lower App Store fees

A group representing the likes of The New York Times and the Washington Post asks Apple what it'll take to cut its 30% fee down to the 15% Amazon pays.

cnet.com
Amazon Makes A Big Move In Gaming By Partnering With Developer Of A Massive FPS

Amazon Makes A Big Move In Gaming By Partnering With Developer Of A Massive FPS

Amazon partners with Crossfire developer Smilegate for a new project to launch in 2021.

gamespot.com
EA Play subscription gaming service hits Steam this month

EA Play subscription gaming service hits Steam this month

Rebranded all-you-can-play package has a launch date

techradar.com
Game over: What happens when gamers get old?

Game over: What happens when gamers get old?

Are you ever too old to play videogames? It’s a conundrum I am currently wrestling with

nme.com
Turtle Beach Reports Retail Console Gaming Headset Sales In North America Set Record Fo...

Turtle Beach Reports Retail Console Gaming Headset Sales In North America Set Record Fo...

SAN DIEGO, Aug. 19, 2020 /PRNewswire/ -- Turtle Beach (Nasdaq: HEAR), a leading console gaming headset and audio accessory brand, today revealed the Company's July 2020 retail sales in North

wfmz.com
March Gaming Fund debuts with $60 million for game startups

March Gaming Fund debuts with $60 million for game startups

March Capital has launched its March Gaming Fund with $60 million to invest in game startups. The fund is headed by Gregory Milken.

venturebeat.com
Sega looking to “aggressively” port games to PC, according to new report

Sega looking to “aggressively” port games to PC, according to new report

After reporting a significant increase in sales earlier this year, Sega is actively looking to “aggressively” push more ports to the PC.

nme.com
3 Billion People Worldwide Are Gamers, and Nearly Half Play on PCs - ExtremeTech

3 Billion People Worldwide Are Gamers, and Nearly Half Play on PCs - ExtremeTech

A new report claims that 48 percent of all gaming happens on PCs, with a whopping 3.1B gamers worldwide across all platforms, consoles, and mobile devices.

extremetech.com
Nvidia CEO: We are expecting a really large second half for gaming

Nvidia CEO: We are expecting a really large second half for gaming

Nvidia CEO Jensen Huang said in an analyst call that the maker of graphics and AI chips is "expecting a really large second half for gaming."

venturebeat.com
Nvidia Posts Record Sales as Pandemic Sustains Demand for Gaming, Data-Center Chips

Nvidia Posts Record Sales as Pandemic Sustains Demand for Gaming, Data-Center Chips

Nvidia continued its run of strong financial performance during the pandemic, posting record sales in the latest quarter propelled by strong demand for online gaming and remote computing services.

wsj.com
Game On: Zynga To Continue Shopping Spree

Game On: Zynga To Continue Shopping Spree

The pandemic has forced millions of people to stay home and shelter in place, wreaking havoc on the economy and putting pressure on everyone’s mental health. One way consumers have attempted to stay sane — by playing more video games — has been a boon ...

forbes.com
Tencent Nears Deal to Take Gaming Firm Leyou Private

Tencent Nears Deal to Take Gaming Firm Leyou Private

Tencent Holdings Ltd. is close to taking Leyou Technologies Holdings Ltd. private in a deal that would value the Chinese gaming firm at about $1.3 billion, according to people familiar with the matter.

bloomberg.com
Microsoft: Fortnite Fight Hurts Gaming Business | PYMNTS.com

Microsoft: Fortnite Fight Hurts Gaming Business | PYMNTS.com

Microsoft is stepping into the fray between Apple and Epic Games over the banning of the Fortnite app from the App Store and the banning of Epic's account.

pymnts.com
Game on: fueling the emerging market for esports

Game on: fueling the emerging market for esports

Welcome to the age of premium, high-performance energy drinks fueling the gaming industry.

fooddive.com
Gamelancer Launches Platform for Gamers to Earn Revenue as Freelancers for Hire | Holly...

Gamelancer Launches Platform for Gamers to Earn Revenue as Freelancers for Hire | Holly...

Newly established platform Gamelancer has launched an app for gamers of varying skill levels to earn revenue as freelancers for hire.

hollywoodreporter.com
Corsair Gaming is a billion-dollar company, and everything else we spotted in the IPO f...

Corsair Gaming is a billion-dollar company, and everything else we spotted in the IPO f...

It’s trying to pull a Razer.

theverge.com
Bilibili ups gaming push with publishing rights for Fall Guys: Ultimate Knockout

Bilibili ups gaming push with publishing rights for Fall Guys: Ultimate Knockout

Chinese online entertainment platform Bilibili beat larger rivals Tencent and NetEase to obtain the domestic publishing rights for the new global hit battle royale game.

scmp.com
Microsoft Flight Simulator to Stimulate $2.6 Billion in PC Gaming Hardware Sales, Accor...

Microsoft Flight Simulator to Stimulate $2.6 Billion in PC Gaming Hardware Sales, Accor...

Jon Peddie Research analysts believe Microsoft Flight Simulator will 'stimulate' up to $2.6 billion in PC gaming hardware sales until 2023.

wccftech.com
Th Rarest Video Games of All Time | Digital Trends

Th Rarest Video Games of All Time | Digital Trends

Video game collecting is a popular hobby for gamers out there. Some games are so rare, they're worth thousands of dollars. Here are the rarest games ever.

digitaltrends.com
Epic Games rival Unity files to go public, sales topped $500 million last year

Epic Games rival Unity files to go public, sales topped $500 million last year

Unity's technology is pervasive: It powered more than half of the top 1,000 games on Apple's and Google's app stores in 2019.

cnbc.com
Twitch viewership dipped this month, unless you’re looking beyond games

Twitch viewership dipped this month, unless you’re looking beyond games

Fortnite is down, music is up — but still a whole lot smaller.

theverge.com
Tencent Esports Names Kappa, Razer, ASUS, and More as Franchising Partners

Tencent Esports Names Kappa, Razer, ASUS, and More as Franchising Partners

Mars Hou, general manager of Tencent Esports and vice president of Tencent Games, unveiled at the Tencent Global Esports Summit

esportsobserver.com
Tencent Esports and Global Esports Federation to Jointly Launch ‘Worldconnected Initiat...

Tencent Esports and Global Esports Federation to Jointly Launch ‘Worldconnected Initiat...

Tencent Esports and the Global Esports Federation (GEF) have partnered on a new project called the #worldonnected initiative that was

esportsobserver.com
Ben Simmons invests in esports org FaZe Clan

Ben Simmons invests in esports org FaZe Clan

The Philadelphia 76ers forward has worked with FaZe frequently in the past.

espn.com
Esports App Development Platform Overwolf To Pay Out $10 Million To Developers This Year

Esports App Development Platform Overwolf To Pay Out $10 Million To Developers This Year

Players are looking for more detailed stats, and Overwolf provides them.

forbes.com
Less is a bore. Why tech is finally embracing maximalism

Less is a bore. Why tech is finally embracing maximalism

Lightweight. Colorful. And comfortable as heck. Logitech is redefining the gaming aesthetic for function and personal expression.

fastcompany.com
Which Platform Might Ninja Stream on Next? - EssentiallySports

Which Platform Might Ninja Stream on Next? - EssentiallySports

With Shroud and Doc's return to Twitch and YouTube respectively, we face the question: which platform should Ninja be moving to?

essentiallysports.com
Shots Studios Signs Content, Merch Partnership With Gaming Org 'NRG Esports' (Exclusive...

Shots Studios Signs Content, Merch Partnership With Gaming Org 'NRG Esports' (Exclusive...

Shots Studios, the massive digital talent management house and production studio, is making its first moves in the gaming space. Shots has signed a partnership with NRG Esports -- a competitive gaming and lifestyle content organization. NRG says that ...

tubefilter.com
Spotify is launching an exclusive League of Legends esports podcast

Spotify is launching an exclusive League of Legends esports podcast

Coming for the gamer market.

theverge.com
Three Reasons Why eSports are Going to Become More Popular than Football - Novinite.com...

Three Reasons Why eSports are Going to Become More Popular than Football - Novinite.com...

We are living in a world where people are making millions of dollars from computer games. Those of you who remember the days when computer games started to become really popular probably remember that people used to say that they are just a waste of ti...

novinite.com
Otaku and the elusive business of esports

Otaku and the elusive business of esports

Hai Ng ruminates on the the elusive formula for success at the intersection of gaming with gambling and finds one Japanese term particularly useful in helping make sense of this challenge

igamingbusiness.com
Over 20% in Japan open to esports as high school club activity, survey shows

Over 20% in Japan open to esports as high school club activity, survey shows

Sporting activities played through computer games are beginning to find favor in Japan.

japantimes.co.jp
Microsoft Files Brief in Support of Epic in its Fight Against Apple

Microsoft Files Brief in Support of Epic in its Fight Against Apple

On Sunday Windows and Xbox platform owner Microsoft filed a brief in support of Epic Games in its fight against

esportsobserver.com
ESL partnership extended by GamingMalta

ESL partnership extended by GamingMalta

GamingMalta, a non-profit organization created by the Malta government,  has expanded its association with the ESL tournament organizers. The majority of the ESL Pro League will be hosted in Malta in 2021 again. GamingMalta will continue to serve as th...

esportsjunkie.com
How can developers better address cheating in games and esports?

How can developers better address cheating in games and esports?

Regardless of what game you play, be it a sport or recreational activity, one thing's for sure: Nobody likes a cheater. Sure, giving yourself unfair advantages in single-player games will probably raise fewer eyebrows than it would in a PvP setting sim...

asiaone.com
Allied Esports, GRID Team for Esports Betting

Allied Esports, GRID Team for Esports Betting

Allied Esports deal will focus on the Counter-Strike: Global Offensive Legend Series events.

licenseglobal.com
Report: Monetizing Video Games in Asia 

Report: Monetizing Video Games in Asia 

A report released by market research company Niko Partners broke down the different ways in which publishers and game titles

esportsobserver.com
APE Signs Strategic Partnership With Pittsburgh Knights for LCK 

APE Signs Strategic Partnership With Pittsburgh Knights for LCK 

Seoul-based esports organization Absolute Power eSports (APE) announced a multi-year strategic partnership agreement with the Pittsburgh Knights. APE and the

esportsobserver.com
Bilibili Esports Partners With VFineMusic for Music Copyright Solutions - Pandaily

Bilibili Esports Partners With VFineMusic for Music Copyright Solutions - Pandaily

Bilibili Esports, the esports arm of Chinese video giant Bilibili announced that the company has signed a partnership deal with Chinese music copyright distribution platform VFineMusic.

pandaily.com
Fall Guys dethrones LoL as most-watched game - Daily Esports

Fall Guys dethrones LoL as most-watched game - Daily Esports

The highly popular game Fall Guys reached incredible heights on the popularity rank as it surpassed League of Legends as Most-Watched game.

dailyesports.gg
Celebration of Cell Gaming by YouTube provides mainstream interest to Cellular Esports

Celebration of Cell Gaming by YouTube provides mainstream interest to Cellular Esports

YouTube Gaming just announced a new event with a quite significant prize pool. The ‘Celebration...

techgamingreport.com
Top Esports' JackeyLove releases song for charity project called LPL Cares | Dot Esports

Top Esports' JackeyLove releases song for charity project called LPL Cares | Dot Esports

Perhaps the ADC could take up the life of a pop star after he retires from esports.

dotesports.com
Devolver Digital apologizes for cancellation of legitimate Fall Guys copies | Dot Esports

Devolver Digital apologizes for cancellation of legitimate Fall Guys copies | Dot Esports

Innocent consumers were affected after the publisher's revocation of exploited Steam keys.

dotesports.com
Saint Joseph's U Launches Esports Program with Both Academic and Club Sports Components...

Saint Joseph's U Launches Esports Program with Both Academic and Club Sports Components...

Saint Joseph's University in Philadelphia has introduced a new esports program featuring a brand-new esports lab, academic programming for students interested in gaming industry careers, and the establishment of esports as a club sport within the athle...

campustechnology.com
Honor of Kings Team TS Wins $1.9M in Esports First Live-Event, Beijing Authority Partne...

Honor of Kings Team TS Wins $1.9M in Esports First Live-Event, Beijing Authority Partne...

Last week was significant for China’s esports industry. Not only did the industry witness the first offline international esports event,

esportsobserver.com
Cisco scores a multi-year networking infrastructure deal for online gaming with League ...

Cisco scores a multi-year networking infrastructure deal for online gaming with League ...

Cisco has racked-up a multi-year deal to become the official enterprise networking partner of Riot Games' League of Legends Esports. Coming on the heels of last week's disappointing Q4 earnings report, which included the announcement of a restructuring...

fiercetelecom.com
Flamengo Partners With B4 eSports to Enter Free Fire Esports 

Flamengo Partners With B4 eSports to Enter Free Fire Esports 

Flamengo Esports, an esports organization belonging to the traditional Brazilian soccer club Clube de Regatas Flamengo and currently managed by

esportsobserver.com
Festival of eSports kicks off in Shanghai

Festival of eSports kicks off in Shanghai

Series of events related to the industry expected to promote cross-Strait exchanges and cooperation

shine.cn
mSL CAPITA Introduces the Nation’s First Esports Fellowship, Making Esports More Access...

mSL CAPITA Introduces the Nation’s First Esports Fellowship, Making Esports More Access...

CAPITA COLab Esports Fellowship is accepting applications for fellows through September 10; Fellows that complete the program will receive $500 from mindSpark Learning to develop program-related projectsDenver, CO, Aug. 20, 2020 (GLOBE NEWSWIRE) -- mSL...

finance.yahoo.com
Esports Entertainment Group Partners with Twin River Worldwide Holdings, Inc. to Launch...

Esports Entertainment Group Partners with Twin River Worldwide Holdings, Inc. to Launch...

BIRKIRKARA, Malta, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) ( the “Company”), a licensed online...

globenewswire.com
Allied Esports and GRID Announce Esports Betting Licensing Agreement

Allied Esports and GRID Announce Esports Betting Licensing Agreement

Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE), today announced a licensing agreement with GRID, a leading esports data provider, for the monetization of data and video right...

finance.yahoo.com
4D Sight AI Platform Delivers Native Ads in Live-Streamed Sports, Esports

4D Sight AI Platform Delivers Native Ads in Live-Streamed Sports, Esports

A new AI and cloud-based ad insertion system that will be used by Activision Blizzard for the Call of Duty League is being rolled out by 4D Sight, a ...

sportsvideo.org
Lazarus signs two-year deal with XP Sports - Esports Insider

Lazarus signs two-year deal with XP Sports - Esports Insider

Gaming supplement brand XP Sports has entered a two-year sponsorship deal with North American esports organisation Lazarus.

esportsinsider.com