Tag: Esports industry
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Riot Games Shake up Valorant Esports Revenue: Teams Could Lose Upto $400K!
Riot Games has made a controversial decision to cut back on the incentive program for Valorant VCT teams, shifting focus to in-game cosmetic sales. This move has sparked outrage among VCT teams who rely on multiple revenue streams.
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CS2 Tournament in Brazil Investigated for Corruption
A recent investigation into the Global Esports Tour Rio has uncovered potential financial misconduct, putting the organizers under scrutiny for corruption.
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Gen.G Levels Up Esports Infrastructure with New HQ in Seoul
Gen.G’s new academy building in Seoul is a game-changer for aspiring esports professionals. Equipped with advanced training centres, streaming rooms, and scrimmage zones, the facility provides a comprehensive environment for skill development and industry immersion.
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Nodwin Gaming acquires Comic Con India
Image representing the strategic acquisition of Comic Con India by NODWIN Gaming, symbolizing a new era in gaming and pop culture synergy
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ENCE Records Close to €1 Million in Profits in 2022
In an era where the esports industry is reeling from financial uncertainties, one organization stands tall amidst the chaos – ENCE. The illustrious esports group has recently unveiled an impressive financial performance for the year 2022, boasting a staggering net profit of approximately €1 million. This accomplishment reflects ENCE’s robust ability to flourish in the…
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Esports casters sheds light on the horrors of late payment in the industry
We all know how annoying it gets when someone owes you a lot of money but are least bothered about providing you the payment on time and you have to constantly nudge them about it, well this feeling gets worse when the person who owes you money is a large company/ organization and they keeping…
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When was the first ever eSports event? – Esports timeline
With a future that seems to promise Olympic recognition and tens of billions in annual revenues, eSports is in the rudest possible health. Countless competitors, epic audiences, a massive betting market – eSports is but further proof that the geek shall inherit the earth. This Infographic by RightCasino beautifully explains the historical emerge Esports industry has…