Business of Esports – Weekly News 406
In this week’s esports business news: Huya announces Q1 2022 financial results, Copenhagen hosts a massive FIFA tournament, Take-Two finalizesContinue Reading
Tag: First Quarter
Huya Announces Q1 2022 Results
Livestreaming platform Huya recently announced the results of a very successful first quarter for 2022. The company’s total net revenueContinue Reading
Roblox Announces Q1 2022 Financial Results And April Estimates
Roblox Corp recently announced the company’s first-quarter financial results for 2022. At the same time, Roblox also unveiled some ofContinue Reading
Motorsport Games Announces Q1 2022 Financial Results
On May 16th, Motorsport Games Inc. unveiled the company’s financial results for Q1 2022 which concluded on March 31st, 2022.Continue Reading
Blockchain-Based Gaming Activity Rose By 2,000%
On April 20th, DappRadar and BGA Games unveiled their Blockchain Games Report for Q1 2022. According to the survey, blockchain-basedContinue Reading
Modern Times Group Completes Sale Of ESL To Savvy Gaming
The sale of ESL Gaming is now complete. On April 21st, Modern Times Group, otherwise known as MTG, announced itContinue Reading
$1.2B Invested In NFTs Through The First Three Months Of 2022
Over the last three months, $1.2 billion has been invested in NFT-based gaming projects. This information was first revealed inContinue Reading
Activision-Blizzard Lost 63M Monthly Active Users Over The Last Year
It’s a bad time to be Activision-Blizzard. During a recent financial report for Q1 2022, which ended on March 31st,Continue Reading
Corsair Gaming To Host Q1 2022 Earnings Call On May 5th, Gives Early Looks At Financial Results
On April 21st, Corsair Gaming Inc. announced that the organization would be reporting its full financial results for the firstContinue Reading
Izumi World Banking On Brand New Augmented Reality Innovation Game
Izumi World has announced its augmented reality (AR) geolocation “Web3 meets real-world” game is set to launch in Q1 2023.Continue Reading
Turkey’s Gaming Startups Shining In Early 2022
Turkey has been a champion in gaming investments, and now those investments are starting to pay off. Turkish startups securedContinue Reading
Executive Shares Insight Into The Gaming Discussion Taking Place On Twitter
On April 5th, Rishi Chadha, the Head of Creator & Gaming Content Partnerships for Twitter, shared some new insights intoContinue Reading
Intel Announces It Will Delay Its First Arc Desktop Gaming GPUs Until Spring
After originally planning to have their Arc GPUs available for Q1 2022, Intel recently announced that they will not beContinue Reading
Nvidia Records 53% Year-Over-Year Increase In Revenue During Q4 2022
Nvidia recently announced the organization saw revenues jump by 53% year-over-year during the fourth quarter of FY22 (which concluded onContinue Reading
Esports Technologies Announces Revenue Of $7 Million For Q1 2022
Esports Technologies Inc, a leading global provider of advanced esports wagering products and technology, announced revenues for the quarter (thatContinue Reading
Vodafone Idea Users Will Soon Be Getting New Gaming, Esports, and Metaverse Services
In a regulatory filing with the London Stock Exchange, Mobile Streams Plc, a United Kingdom-based tech company, said it isContinue Reading
Meta Earnings Miss Expectations Amid Apple Privacy Changes, Resulting In Stock Plummet
Facebook parent company Meta reported its Q4 earnings on February 2nd, falling short of analysts’ expectations on earnings per share, and missingContinue Reading
Cyberclassic Introduces First 3.0 Metaverse Gaming, NFTs, And Staking Platform
Cyberclassic is introducing the first 3.0 metaverse gaming NFTs and staking platform. The project will allow the Cyberclassic community to holdContinue Reading
Engine Gaming & Media Inc. Releases Financial Results From First Quarter 2022
Engine Gaming and Media, Inc, an esports/sports social gaming, influencer marketing, and next-generation media solutions company, announced results for itsContinue Reading
Fandom Sports’ Peer To Peer Esports Wagering Platform Goes Live
Fandom Sports Media Corp. recently announced the launch of its peer-to-peer (P2P) esports wagering platform. Wagering customers are now ableContinue Reading
The Global Gaming Accessories Market Will Be Worth At Least $15B By 2026
A new study was recently published by ResearchAndMarkets. In this report, it was revealed that the global gaming accessories marketContinue Reading
Most Popular Meme Tokens Create A New Play-To-Earn Platform
The developers of SafeMoon Inu (SMI) have teamed up with Enjin Coin (ENJ) to develop a play-to-earn game titled MoonshotContinue Reading
“Cyberpunk 2077” And “The Witcher 3” Are “On Track” To Be Released For Next-Gen Consoles
Quarterly financial results were recently released by CD Projekt. In this report, CD Projekt said that both Cyberpunk 2077 andContinue Reading
“Grand Theft Auto: The Trilogy – Definitive Edition” Experiences Launch Day Issues
Grand Theft Auto: The Trilogy – Definitive Edition was officially released for consoles and PCs on November 11th, 2021. However,Continue Reading
Razer Launches New Gaming Equipment At Razercon 2021
Razer debuted its newest line of gaming equipment at Razercon 2021, which included the Razer Kraken V3 Pro Headset, theContinue Reading
Despite Reported Growth, Microsoft Falls Short Of Game Pass Goal
According to a recent financial filing with the SEC, the number of Xbox Game Pass subscribers increased by 37% overContinue Reading
EA Files Patent For Tech That Recommends Friends With Similar Gaming Habits
Electronic Arts Inc. recently filed a patent for technology that will give users recommendations for online friends based on theContinue Reading
Nexters Sees Huge Jump In Q1 Revenue Ahead Of NASDAQ Listing
On July 1st, video game developer Nexters Global announced it estimated that the company’s first-quarter revenue rose by 48%. ThisContinue Reading