Business of Esports News - January 16, 2020

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

Astralis Group’s Stocks Lost 18% of their Price Since the IPO

Astralis Group’s Stocks Lost 18% of their Price Since the IPO

Astralis Group, the parent company of Origen, Astralis and Future FC riveted the attention of the esports community in late…

estnn.com
Tetris creator really likes Tetris 99, wants franchise to become an esport

Tetris creator really likes Tetris 99, wants franchise to become an esport

Alexey Pajitnov, the creator of the world's most beloved puzzle game, really like Tetris 99 and wants to see Tetris become an esport.

nintendoenthusiast.com
PlatinumGames Receives Investment from Tencent Holdings

PlatinumGames Receives Investment from Tencent Holdings

In an announcement made by PlatinumGames CEO Kenichi Sato, it was revealed that the Japanese game developer has received an

esportsobserver.com
What College Esports Arenas Mean for Community in the Digital Age  - EdSurge News

What College Esports Arenas Mean for Community in the Digital Age - EdSurge News

You can play video games by yourself. You can play them with friends virtually, communicating via headset. You can even watch strangers play them live ...

edsurge.com
Opinion: Instant Success Doesn’t Exist in Esports. Let’s Stop Chasing It

Opinion: Instant Success Doesn’t Exist in Esports. Let’s Stop Chasing It

After losing its premier hosting talent, the Overwatch League is once again under scrutiny by esports’ netizens. The pricey franchised

esportsobserver.com
Is a New Mega Esports Venue Proof Experience Destinations Can Save Malls?

Is a New Mega Esports Venue Proof Experience Destinations Can Save Malls?

Retail and real estate experts discuss the impact the Allied Esports gaming facility will have on the shopping destination.

footwearnews.com
BT joins growing number of brands sponsoring esports teams

BT joins growing number of brands sponsoring esports teams

Major deal secured by Excel sales chief who recently joined from Adidas.

campaignlive.co.uk
Blizzard months late with payments for NA OW Contenders | Dot Esports

Blizzard months late with payments for NA OW Contenders | Dot Esports

Some Contenders players received late payments or none at all.

dotesports.com
Pound warns IOC could get "taken to the cleaners" over esports

Pound warns IOC could get "taken to the cleaners" over esports

International Olympic Committee member Richard Pound warned the organisation that they could get "taken to the cleaners" if they collaborated with esp...

insidethegames.biz
TJ Sports Brings OPPO, Clear, and More New Partners to Chinese League of Legends

TJ Sports Brings OPPO, Clear, and More New Partners to Chinese League of Legends

TJ Sports has released the partnership list for the League of Legends Pro League (LPL) in 2020, with Mercedes-Benz, Nike,

esportsobserver.com
Allied Esports and Simon Announce Mall of Georgia as Location for First Joint Esports V...

Allied Esports and Simon Announce Mall of Georgia as Location for First Joint Esports V...

Allied Esports, a global esports entertainment company, and Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinatio

businesswire.com
Nintendo's President Explains "Embarrassing" Lack Of Financial Support For Smash Bros. ...

Nintendo's President Explains "Embarrassing" Lack Of Financial Support For Smash Bros. ...

"It’s not that we’re opposed to it"

nintendolife.com
Esports model ‘could be future direction’ for student engagement

Esports model ‘could be future direction’ for student engagement

Latest Innovating Pedagogy report suggests way gamers learn from each other online could be adopted by universities

timeshighereducation.com
Twitch reportedly falls short of advertising revenue goals | Dot Esports

Twitch reportedly falls short of advertising revenue goals | Dot Esports

The company reportedly hoped to generate $500 million in ad revenue.

dotesports.com
DreamHack and Sport1 continue content partnership

DreamHack and Sport1 continue content partnership

Event organiser DreamHack has extended its content partnership with German sports network Sport1 to cover two Dota 2 events. As part of the deal, Sport1 will broadcast DreamLeague Season 13 on January 24-26th and a yet-to-be-announced

esportsinsider.com
California’s AB5 protects League of Legends gamer work rights

California’s AB5 protects League of Legends gamer work rights

California’s latest labor law could uncover a new workforce: League of Legends video gamers.

qz.com
Tencent releases strategic plan for Honor of Kings esports

Tencent releases strategic plan for Honor of Kings esports

Tencent has unveiled its strategic plans to develop the esports efforts of its mobile title Honor of Kings in 2020. To accelerate the development of Honor of Kings' professional ecosystem, six teams will establish home venues in Chengdu,

esportsinsider.com
Star Wars Game Could Reportedly Launch New Saga in 2021

Star Wars Game Could Reportedly Launch New Saga in 2021

According to a variety of new reports, the next saga of Star Wars is set to begin in 2021, and it [...]

comicbook.com
How parents can approach raising gamers

How parents can approach raising gamers

Gaming is a popular activity across the globe. Studies have shown that more than one billion people across the globe play some type of video game every day, and the number of gamers is growing every day.

signalscv.com
Valkyrae signs exclusive streaming deal with YouTube | Dot Esports

Valkyrae signs exclusive streaming deal with YouTube | Dot Esports

YouTube has a great streaming lineup for 2020.

dotesports.com
'Dota 2,' 'Fortnite,' 'League of Legends' Among Top Esports Prize Givers

'Dota 2,' 'Fortnite,' 'League of Legends' Among Top Esports Prize Givers

A new study from public gaming resource Esports Earnings highlights the industry's top earners and prize pools in competitive gaming.

hollywoodreporter.com
Calling all gamers: Simon to open 13,000-sq. ft. esports venue

Calling all gamers: Simon to open 13,000-sq. ft. esports venue

A fast-growing sporting activity watched and played around the world is putting down roots in the largest shopping destination in the Southeast. 

chainstoreage.com
Twitch's Non-Gamers Are Finally Having Their Moment

Twitch's Non-Gamers Are Finally Having Their Moment

After years of ridicule, streamers who ‘just chat’ prove that there's room for gabbing, not just gaming, on the platform.

wired.com
MSI and Battlefy to bring MSI Gaming Arena to United States

MSI and Battlefy to bring MSI Gaming Arena to United States

Computer hardware company MSI has entered a partnership with online tournament platform Battlefy to bring life to the MSI Gaming Arena. Beginning on January 18th, the MSI Gaming Arena will launch an open competitive circuit for

esportsinsider.com
Apple Documents Reveal Colorful New MacBook Pro Hardware

Apple Documents Reveal Colorful New MacBook Pro Hardware

Following the new Magic Keyboard on the 16-inch MacBook Pro, another keyboard innovation from Apple has been published. Turns out Tim Cook's team has been working on a colorful backlit keyboard.

forbes.com
Rainway lets you play your PC games on mobile devices or web browsers

Rainway lets you play your PC games on mobile devices or web browsers

Rainway has figured out a way to let you play PC games that you already own on iOS and Android devices, as well as the web.

venturebeat.com
Why Mike Rufail Is Going All In on Esports - D Magazine

Why Mike Rufail Is Going All In on Esports - D Magazine

As he builds Envy Gaming into one of the nation's top esports franchises, Rufail is taking inspiration from Mark Cuban and Jerry Jones.

dmagazine.com
Facebook Gaming grows 210% in 2019 as it battles Twitch, YouTube

Facebook Gaming grows 210% in 2019 as it battles Twitch, YouTube

Facebook Gaming is growing fast in the world of livestreaming platforms, but it isn't coming at the expense of Twitch, YouTube, or Mixer.

venturebeat.com
The hidden world and overlooked problems of acting in video games

The hidden world and overlooked problems of acting in video games

As video games provide new opportunities for working actors, wearers of Lycra suits are pushing for changes. "It's kind of the Wild West," says one actor.

washingtonpost.com
Twitter: Over 1.2 Billion Gaming-Related Tweets Were Shared in 2019

Twitter: Over 1.2 Billion Gaming-Related Tweets Were Shared in 2019

Fate/Grand Order was the most-tweeted-about game last year.

adweek.com
Super Bowl champion Jay Ajayi explains why he traded in NFL for esports | Dexerto.com

Super Bowl champion Jay Ajayi explains why he traded in NFL for esports | Dexerto.com

The former Eagles running back has traded in the bright lights of the NFL for the shining screen of FIFA’s competitive esports league.

dexerto.com
Esports betting platform Midnite raises over $2.5m in funding round

Esports betting platform Midnite raises over $2.5m in funding round

UK-licensed start-up to launch in Q1 2020 after investments from Betfair and GVC founders and execs

egr.global
Orlando launches push to lure esports events

Orlando launches push to lure esports events

Cities across the country are working to attract large esports events as the industry continues to grow.

wogx.com
The Nintendo Switch dominated the Japanese console market in 2019 | Dot Esports

The Nintendo Switch dominated the Japanese console market in 2019 | Dot Esports

The Switch continues to grow in pretty much every market.

dotesports.com
Twitch reportedly falls short of advertising revenue goals | Dot Esports

Twitch reportedly falls short of advertising revenue goals | Dot Esports

The company reportedly hoped to generate $500 million in ad revenue.

dotesports.com
Indian Esports Livestream Platform Rheo Raises $2M in Seed Funding Round Led by Lightspeed

Indian Esports Livestream Platform Rheo Raises $2M in Seed Funding Round Led by Lightspeed

India-based Rheo is an online esports streaming and community platform. Rheo has raised $2M USD in seed funding via prominent

esportsobserver.com
G2 Esports finds gaming chair partner in Secretlab

G2 Esports finds gaming chair partner in Secretlab

Gaming chair manufacturer Secretlab has announced a partnership with Berlin-based organisation G2 Esports. Secretlab will be the official chair sponsor of G2 Esports, providing chairs for all of its players and personalities. RELATED: ONE Esp...

esportsinsider.com
Counter Logic Gaming Hires Esports Veteran as Director of Esports Development and Outre...

Counter Logic Gaming Hires Esports Veteran as Director of Esports Development and Outre...

Esports Organization Counter Logic Gaming hires Counter-Strike esports pro and streamer, Stephanie 'Missharvey' Harvey as the Director of Esports Development and Outreach to empower the female esports community.

cheddar.com
Astralis Group Partners with Audience Competition Platform GLHF

Astralis Group Partners with Audience Competition Platform GLHF

The esports ownership group behind Astralis, Origen, and Future FC has announced a partnership with GLHF, an esports competition platform. 

esportsobserver.com
LGD Gaming and BGoose Invest $11.6M to Create King Pro League Team

LGD Gaming and BGoose Invest $11.6M to Create King Pro League Team

Chinese esports organization LGD Gaming partners with livestreaming agency BGoose to build a joint Honor of Kings team. In order

esportsobserver.com
Maincast acquires ESL Pro Tour broadcast rights in three-year deal

Maincast acquires ESL Pro Tour broadcast rights in three-year deal

Maincast has acquired the exclusive broadcast rights for ESL and DreamHack's ESL Pro Tour Counter-Strike: Global Offensive circuit for Russia and the CIS region. Maincast has also secured regional exclusivity to DreamHack's DreamLeague and ESL's Dota

esportsinsider.com