Business of Esports News - September 11, 2019

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

GameStop sales down 14% as it outlines turnaround plan

GameStop sales down 14% as it outlines turnaround plan

The retailer is on pace to close up to 200 stores this year, with more to come, as it looks to streamline its business and transform itself into a hub for gamers.

retaildive.com
Ban children from gambling in games, MPs say

Ban children from gambling in games, MPs say

In-game spending should be regulated by gambling laws and loot boxes banned for children, they say.

bbc.com
Apple Arcade might give Chinese gaming companies a way to promote themselves abroad

Apple Arcade might give Chinese gaming companies a way to promote themselves abroad

Publishers suggest the potential for exposure through Apple’s new subscription service is greater than the revenue

abacusnews.com
GameStop Wants To Be The ‘Social And Cultural Hub Of Gaming.’ Can It Deliver?

GameStop Wants To Be The ‘Social And Cultural Hub Of Gaming.’ Can It Deliver?

On GameStop’s quarterly earnings call, the video game retailer’s newly minted management team spoke with "urgency" about making the company relevant in the world of digital gaming. But delivering on its promise remains a tall order.

forbes.com
Ubisoft isn't planning to go back to smaller games

Ubisoft isn't planning to go back to smaller games

It wants to make worlds you can have lots of 15-hour adventures inside.

pcgamer.com
Electronic Arts is looking to unite PC and smartphones through cloud gaming. Here's how...

Electronic Arts is looking to unite PC and smartphones through cloud gaming. Here's how...

The video game publisher is currently testing out cloud gaming.

sea.mashable.com
Disney is selling FoxNext gaming company after $71.3 billion acquisition

Disney is selling FoxNext gaming company after $71.3 billion acquisition

Disney wants to say goodbye to the video game development company it acquired only six months ago.

foxbusiness.com
Disney To Sell One Of Its Last Big Gaming Studios, Report Says

Disney To Sell One Of Its Last Big Gaming Studios, Report Says

Disney is reportedly shedding yet another one of its internal game studios after picking it up through the Fox acquisition.

gamespot.com
Walmart selling esports merch from teams like Astralis and Team Liquid » TalkEsport

Walmart selling esports merch from teams like Astralis and Team Liquid » TalkEsport

Walmart, a prominent North American shopping outlet is reported to sell merchandise for the best League Of Legends, Overwatch and CS:GO teams like TSM, Angeles Valiant and Fnatic on their website. Apparently, the retailer is looking forward to hop in t...

talkesport.com
Esports arena opens on Ohio State's campus

Esports arena opens on Ohio State's campus

The Ohio State University's new esports arena is ready for play.

10tv.com
Why should parents care about esports? An industry expert explains

Why should parents care about esports? An industry expert explains

Esports are simply inescapable in 2019.

asiaone.com
Loot Boxes, Gaming And eSports With Will Hershey

Loot Boxes, Gaming And eSports With Will Hershey

Roundhill Investments Co-Founder and CEO, Will Hershey, CFA discusses the trends in gaming and eSports, if gaming-focused companies

valuewalk.com
Team SoloMid to begin construction on $13-million esports training center in Playa Vista

Team SoloMid to begin construction on $13-million esports training center in Playa Vista

The center will be the home of Team SoloMid (TSM), which fields players and esports teams for video games such as "League of Legends" and "Fortnite."

latimes.com
Could you be an Olympic esports hero? Intel announces $500,000 open-invite tournament f...

Could you be an Olympic esports hero? Intel announces $500,000 open-invite tournament f...

Intel is offering an open invitation to all Rocket League and Street Fighter V players to compete in its brand new tournament

pcgamesn.com
Esports is at the 2020 Olympics as Rocket League and Street Fighter 5 feature in Intel ...

Esports is at the 2020 Olympics as Rocket League and Street Fighter 5 feature in Intel ...

Anyone can play in the online qualifiers, with a final qualifier in Katowice before the Olympics in Tokyo, Japan

gamesradar.com
Team Secret reveals branded beer called AFK | Dot Esports

Team Secret reveals branded beer called AFK | Dot Esports

A first for every gamer's thirst.

dotesports.com
Esports’ Quest for the Average Minute Audience

Esports’ Quest for the Average Minute Audience

A longer version of this article can be found in The Esports Observer's Esports Marketing Management 2019 report. Get your

esportsobserver.com
LTN Global enters agreement to acquire Make.TV

LTN Global enters agreement to acquire Make.TV

Video transport solutions provider LTN Global has entered an agreement to acquire live video acquisition & management platform Make.TV. Financial details for the acquisition have not been disclosed at the time of writing. The release highlights ...

esportsinsider.com
Veloce Esports receives investment from Eric Tveter

Veloce Esports receives investment from Eric Tveter

London-based organisation Veloce Esports has received investment from Eric Tveter, former Central Europe CEO of Liberty Global. Tveter's investment is part of an angel funding round for the organisation, though no financial details or additional inf...

esportsinsider.com
ESL Head of Strategic Partnerships on SNIPES Collection and Potential for Esports Apparel

ESL Head of Strategic Partnerships on SNIPES Collection and Potential for Esports Apparel

When ESL partnered with streetwear brand SNIPES in July 2018 for a collaborative apparel line, it was a big shift

esportsobserver.com
More than a game: the unstoppable growth of esports

More than a game: the unstoppable growth of esports

Competitive multi-player video gaming is now a global phenomenon and a way for schools to engage children in new and dynamic ways

rte.ie