Category: Esports
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CLG Esports LCS Roster and Team Slot Up for Sale: Report
CLG, the iconic League of Legends team in the LCS scene, has reportedly put up its LCS roster and team slot for sale due to the parent company’s shutdown. The Madison Square Garden Company, which owns CLG, is considering selling off its LCS team and dissolving the esports brand entirely. This decision has cast doubt…
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FaZe Clan’s Q4 Financial Results Show Revenue Growth Despite Net Loss
Esports and gaming lifestyle organization FaZe Clan has released its Q4 2022 financial results, showing a significant increase in revenue despite recording a staggering net loss. The company reported a total revenue of $70 million, which was primarily driven by a nearly 70% increase in brand sponsorship revenue and growth in their esports operations. FaZe…
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Cricket Icon Sachin Tendulkar Set to Enter Esports as a Team Owner
Legendary Indian cricketer Sachin Tendulkar is reportedly looking to invest in the esports industry as a team owner, according to sources close to Enews Boy. This move could have significant implications for the growth and development of esports, both in India and around the world. Esports has exploded in popularity in recent years, driven by…
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Esports Org Heroic Meets Fundraising Target to Avoid Catastrophe
European esports organization, Heroic, has announced that it has raised enough funds to keep its business operations afloat for the time being. The organization revealed in a general meeting on Monday that it was able to issue 10 million preference shares at NOK 1 ($0.095) each, raising a total of NOK 10 million ($0.95 million).…
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Pokemon UNITE Championship Series 2023 India Qualifiers Revealed
Pokémon UNITE fans in India have a lot to be excited about as the Pokémon UNITE Championship Series 2023 Qualifiers have been announced. The tournament is set to take place from April to June, with a prize pool of $75,000 up for grabs. This three-month-long competition will determine the two teams that will represent India…
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Orangutan secure a second win in thrilling VCL SA 2023 encounter with Aster Army
Orangutan Esports clinched their second victory of the league after defeating Aster Army in a closely fought series, winning 2-1. The series saw Aster Army lose their second game in a row after losing to Medal Esports in their previous game. Rosters and Lineups Orangutan Esports is led by Sabyasachi “Antidote” Bose as IGL, Akram…
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DRX and T1 Esports Secure Wins in Day 1 of VCT Pacific League 2023
The highly anticipated VCT Pacific League 2023 has kicked off with a bang, and we have our first winners of the tournament, DRX and T1 Esports. DRX faced off against ZETA Division, while T1 Esports battled it out against Global Esports in a thrilling decider. In the end, DRX emerged victorious with a 2-0 win,…
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Nasdaq warns FaZe Clan of potential stock delisting
Esports organization FaZe Clan has been served with a deficiency notice from the Nasdaq stock exchange due to their share price remaining below $1 for over 30 consecutive business days. The notice means that the company now has 180 days to regain compliance, with the share price required to recover to over $1 and remain…
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VCT Masters Tokyo 2023: Start Date, Schedule, Venue, & More
The heavily anticipated VCT Masters Tokyo 2023 is just over two months away, and fans of the competitive shooter from throughout the globe are eagerly looking forward to seeing their favorite Valorant teams on the big stages. For the uninitiated, the upcoming VCT Masters Tokyo is set to be the only Masters tournament of the…
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S8UL and More Invited To AMD Skyesports Showdown Pokemon Unite
Skyesports is excited to bring another premium Pokémon Unite tournament with the top four teams of India battling it for the title of champions. The AMD Skyesports Showdown Pokemon Unite will feature S8UL, Revenant, Gods Reign, and Marcos Gaming as they descend into the arena for glory. The Skyesports Showdown, presented by global semiconductor manufacturer,…