Business of Esports News - November 11, 2019

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

Riot Games debuts hologram tech for League of Legends World Championship final opening ...

Riot Games debuts hologram tech for League of Legends World Championship final opening ...

Riot Games debuted what it calls "holo projection" technology during the opening ceremony of the League of Legends World Championship final in Paris at the AccorHotels Arena.

espn.com
A teenager's lifetime ban from 'Fortnite' sheds light on a dark reality in the esports ...

A teenager's lifetime ban from 'Fortnite' sheds light on a dark reality in the esports ...

Professional gamers like Tyler "Ninja" Blevins and others in the esports industry have strong feelings about FaZe Jarvis being banned from Fortnite.

businessinsider.com
Colleges are helping students start careers in esports

Colleges are helping students start careers in esports

Team SoloMid, partly known for its League of Legends competitive play, will be recruiting at UC Irvine and Santa Barbara for its summer 2020 internships and the potential for full-time positions. TSM is also looking to partner with Stanford and UCLA.

cnn.com
Flavourworks raises $3.8 million to make interactive games with live-action video

Flavourworks raises $3.8 million to make interactive games with live-action video

Flavourworks has raised $3.8 million in funding for its interactive movie games that fuse together film-like video with interactive gameplay. 

venturebeat.com
AMC Debuts Uneventful 'Airplane Mode' Video Game

AMC Debuts Uneventful 'Airplane Mode' Video Game

Inspired by 'Desert Bus,' the game simulates a six-hour flight as a passenger.

hypebeast.com
The Finance of Epic Games – Fortnite Subsidises All?

The Finance of Epic Games – Fortnite Subsidises All?

Epic Games has been raking in a fortune both in revenue and investment. We delve into some of the details behind the firm's finances.

wccftech.com
How gaming boosts the brain

How gaming boosts the brain

Great athleticism doesn’t just happen from the neck down and great minds don’t only rely on everything above the shoulders. There is clear and growing proof that the relationship between our minds and bodies are key for reaching our real potential. Thi...

gadget.co.za
Video Gaming Industry & Its Revenue Shift

Video Gaming Industry & Its Revenue Shift

The video game industry is growing so fast that some believe it will reach over $300 billion by 2025. Besides the consistent and impressive growth of the industry, it is interesting to note that there has been a shift in revenue sources in the gaming s...

forbes.com
Gaming Industry “Biggest Threat” To Film Industry, Says Neon Marketing Chief

Gaming Industry “Biggest Threat” To Film Industry, Says Neon Marketing Chief

Christian Parkes, Chief Marketing Officer at I, Tonya distributor Neon, has claimed that video games are the greatest threat to the future of the indie film industry. “I am frankly terrified about …

deadline.com
'One In Five' Gamers Would Choose Gaming Over Sex, Says New Study

'One In Five' Gamers Would Choose Gaming Over Sex, Says New Study

Here's your dilemma: another game of Team Deathmatch on Call of Duty: Modern Warfare... or a shag?

unilad.co.uk
The DeanBeat: Gaming is still at the mercy of larger forces

The DeanBeat: Gaming is still at the mercy of larger forces

Playtika's possible IPO reminded me how there are many things that affect a game company, beyond the quality of its games.

venturebeat.com
Activision Blizzard Lowers Expectations for Holiday Season Gaming Revenue

Activision Blizzard Lowers Expectations for Holiday Season Gaming Revenue

The company brought in $1.21 billion in revenue during the third quarter.

hollywoodreporter.com
US to Beat China as World's Biggest Gaming Market With $30 Billion Spend

US to Beat China as World's Biggest Gaming Market With $30 Billion Spend

New figures from NPD group suggest US is on the cusp of overtaking China and reclaiming title as the world's largest video game market.

ccn.com
Super Evil Megacorp raises $10.5 million, moves on to new game, and hands Vainglory off...

Super Evil Megacorp raises $10.5 million, moves on to new game, and hands Vainglory off...

Super Evil Megacorp is turning over Vainglory to Rogue Games and it is now focusing on a new title called Project Spellfire.

venturebeat.com
Hardware Sales Decline as Gamers Spend $9.18 Billion during Q3 2019 | Digital Trends

Hardware Sales Decline as Gamers Spend $9.18 Billion during Q3 2019 | Digital Trends

The video game industry is big business, and the latest report reveals that gamers spent $9.18 billion in the third quarter of 2019. That's up slightly compared to the same quarter in 2018. Digital sales were the biggest winners, along with gaming serv...

digitaltrends.com
Valve Apparently Working on its Own Google Stadia Cloud-gaming Rival | Digital Trends

Valve Apparently Working on its Own Google Stadia Cloud-gaming Rival | Digital Trends

A Valve code shows off hints of what could be a Steam Cloud Gaming platform in the works. It may help Valve compete with Google Stadia and other inbound platforms. A move by Valve to introduce Steam Cloud Gaming makes perfect sense, and it's almost a s...

digitaltrends.com
90 Minutes a Day, Until 10 P.M.: China Sets Rules for Young Gamers

90 Minutes a Day, Until 10 P.M.: China Sets Rules for Young Gamers

Officials say regulations are meant to curb video game addiction, which they blame for a rise in nearsightedness and poor academic performance.

nytimes.com
Echo Fox reportedly dissolves, parts ways with players and staff | Dot Esports

Echo Fox reportedly dissolves, parts ways with players and staff | Dot Esports

Was this the last we've seen of Echo Fox?

dotesports.com
Twelve teams reportedly paid $25 million each to join a new esports league around one o...

Twelve teams reportedly paid $25 million each to join a new esports league around one o...

Activision Blizzard's Call of Duty League is launching in January 2020 with 12 international teams playing "Call of Duty: Modern Warfare."

businessinsider.sg
FanDuel becomes first online sportsbook to allow esports betting

FanDuel becomes first online sportsbook to allow esports betting

Daily fantasy giant FanDuel is expanding its sports betting portfolio, becoming the first online sportsbook to allow legalized gambling on esports.

shacknews.com
Activision Blizzard Analytics Executive Kasra Jafroodi Joins Riot Games

Activision Blizzard Analytics Executive Kasra Jafroodi Joins Riot Games

Activision Blizzard analytics executive Kasra Jafroodi is leaving the company to join rival video game publisher Riot Games. Jafroodi, who

esportsobserver.com
Activision Blizzard Reports $204M Net Income, Continues Revenue Decline

Activision Blizzard Reports $204M Net Income, Continues Revenue Decline

Activision Blizzard reported net revenues of $1.28B USD for Q3 2019, beating its outlook of $1.11B, but decreasing 15% compared

esportsobserver.com
Team Vitality and adidas Extend Partnership, Reveal Collaborative Sneakers

Team Vitality and adidas Extend Partnership, Reveal Collaborative Sneakers

Team Vitality and apparel brand adidas have signed a multi-year partnership extension. The companies will release a branded VIT.01 sneaker

esportsobserver.com
Opinion: Can Call of Duty: Mobile Replicate PUBG Mobile’s Success in India?

Opinion: Can Call of Duty: Mobile Replicate PUBG Mobile’s Success in India?

Call of Duty: Mobile’s release and subsequent success is a huge indicator of the popularity, appeal, and reach of mobile

esportsobserver.com
Gaming Industry Associations Agree on Universal Esports Principles

Gaming Industry Associations Agree on Universal Esports Principles

Earlier this month, a set of gaming industry representatives agreed upon and released a set of unifying esports principles. These representatives include the Entertainment Software Association (ESA),

natlawreview.com
The West Eyes Esports Greatness. But Can It Catch South Korea? | OZY

The West Eyes Esports Greatness. But Can It Catch South Korea? | OZY

Asia has long dominated esports. North American and European teams are finally beginning to catch up.

ozy.com
Esports Star Tfue Can't Pause New York Battle With FaZe Clan

Esports Star Tfue Can't Pause New York Battle With FaZe Clan

The gamer sued in California, and a New York judge has denied his request to let that fight finish before the one filed by the esports organization in his court proceeds.

hollywoodreporter.com
Rewired.GG makes Europe’s largest Esports Team investment » TalkEsport

Rewired.GG makes Europe’s largest Esports Team investment » TalkEsport

esports investment vehicle Rewired.GG pours €34 million total into Team Vitality, a leading European esports team boasting top international players

talkesport.com
New Jersey casinos taking bets on eSports

New Jersey casinos taking bets on eSports

ATLANTIC CITY, N.J. — New Jersey's casinos and racetracks are now taking bets on competitive video game tournaments, looking to expand the state's fast-growing sports betting industry to the $1 billion video tournament market. The state Division of Ga...

pix11.com
Video Game, Esports Industries Getting CRE's Attention

Video Game, Esports Industries Getting CRE's Attention

With revenues and audience numbers expected to shoot up across the nation, Atlanta should continue to polish its gaming credentials.

bisnow.com
G2 and Mastercard Partner to Bring Priceless Moments - G2 Esports

G2 and Mastercard Partner to Bring Priceless Moments - G2 Esports

G2 Esports is proud to welcome Mastercard as a new partner for its League of Legends team.

g2esports.com
British Esports Association releases Vision 2022 booklet outlining its mission for the ...

British Esports Association releases Vision 2022 booklet outlining its mission for the ...

November 7th, London: The British Esports Association, the not-for-profit organisation set up to promote and support grassroots esports, has revealed

gamasutra.com
UK eSports trends: Gaming audience open to brand ads | Netimperative - latest digital m...

UK eSports trends: Gaming audience open to brand ads | Netimperative - latest digital m...

The growing UK eSports sector is a huge opportunity for brands with 1.2m Brits watching eSports content this year and most open to sponsored content, according to new research.

netimperative.com
Esports should buy the Superbowl, Sell the Teams

Esports should buy the Superbowl, Sell the Teams

Take a moment and imagine investing in the Super Bowl or the World Cup or any other premier sporting event. …

investorintel.com
Capcom starts charging paid admission to eSports events:The Asahi Shimbun

Capcom starts charging paid admission to eSports events:The Asahi Shimbun

Leading game maker Capcom Co. is cashing in on the growing popularity of eSports by starting to char

asahi.com
Rewired.GG Makes Europe’s Largest Ever esports Team Investment

Rewired.GG Makes Europe’s Largest Ever esports Team Investment

Rewired.GG, the €50m esports venture fund that invests in the global growth of esports, is delighted to announce that it has invested a further €14 mi

businesswire.com
Esports in Beijing: DHL brings Intel Extreme Masters tournament to China

Esports in Beijing: DHL brings Intel Extreme Masters tournament to China

First IEM stand-alone tournament in ChinaDHL is responsible for the event logistics as part of its partnership with ESLEight world-class CS:GO teams will be competing for a total prize pool of US$250,000 and a point towards the Intel Grand Slam BONN...

businessinsider.sg
Fortnite esports explosion grows competitive scene on college campuses nationwide

Fortnite esports explosion grows competitive scene on college campuses nationwide

By NATHANIEL STRINGER Staff Writer Fortnite— the game that has taken the world by storm. Today, most everyone has either played or heard of the game and knows that it is one of the hottest video ga…

blueandgraypress.com
Esports as a tourism generator? It’s more likely than you think!

Esports as a tourism generator? It’s more likely than you think!

Esports is undoubtedly a global phenomenon, but local communities still stand to benefit greatly if they can identify and promote their greatest assets.

venturebeat.com
Esports boom reaching high schools amid scholarship growth

Esports boom reaching high schools amid scholarship growth

Gamers were offered $16 million in college esports scholarships in 2018-19, but administrators are also recognizing opportunities to boost school culture through these programs.

educationdive.com
Esports startup Juked launches open beta

Esports startup Juked launches open beta

San Francisco-based esports startup Juked, which brings together streams for popular esports titles, has launched its open beta. The company launched in February 2019 and is now ready to roll out the site to all. Juked's

esportsinsider.com