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
Tag: Investments
Meta Invested $40M In Playco
According to a recent report, Meta, the parent company of Facebook, recently invested $40 million in the mobile gaming organizationContinue Reading
Zero Latency VR Gaming Center Coming To Cleveland
A virtual reality gaming center is coming to Cleveland later this month, making it one of the first of itsContinue Reading
Free Fire And 53 Other Mobile Gaming Apps Banned In India
One of the world’s most popular esports titles can no longer be accessed in one of the gaming industry’s largestContinue Reading
India’s Mobile Gaming Boom Rewarding Homegrown Developers
Unlike other major markets, mobile gaming is king in India thanks in large part to the proliferation of smartphones. AfterContinue Reading
Weekly News #193: BF2042 Failure, Peloton Lanebreak, Gaming Sake, Hasbro Activist, Meta Zoom Games, New Riot Logo, Gamer Apartments, Sneaker PC
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Electronic Arts recognizing the failure of Battlefield 2042, DrContinue Reading
Angry Birds Franchise Experiencing Growth Again
This month, Finnish game maker Rovio reported a rise in fourth-quarter operating profits thanks to the growth of its topContinue Reading
MSM Corporation International Limited Merges With Riva Technology And Entertainment
MSM Corporation International Limited (MSMCI) recently announced it had finalized its merger with Riva Technology and Entertainment (RTE), the sisterContinue Reading
Gala Games Investing $5B To Expand NFT Offerings
On February 7th, Gala Games announced it would be spending $5 billion over the next year to expand its non-fungibleContinue Reading
Call Of Duty Vanguard Fails To Outperform Call Of Duty Black Ops Cold War
Activision-Blizzard recently released its financial results for the last quarter of 2021 as well as the entire fiscal year. ThisContinue Reading
Saudia Arabia’s Public Investment Fund Invests Over $1B Into Capcom And Nexon
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, recently announced it purchased a combined holding of $1 billion inContinue Reading
Voldex Nets $3M To Expand Offering Of Roblox And Minecraft Games
On February 2nd, Voldex announced it raised $3 million in a recently held funding round. According to VentureBeat, the companyContinue Reading
Esports Mogul Finishes Quarter With Over $5M In Funds
The gaming company Esports Mogul announced it finished the quarter with $5.13 million in funds that will be allocated toContinue Reading
Epic Games takes Part In $20M Spire Animation Investment Round
On February 1st, Spire Animation Studios announced the company raised $20 million in a recent funding round. Epic Games contributedContinue Reading
Metafy Closes $25M Round For Esports Coaching Platform
Metafy recently announced the organization closed a $25 million Series A funding round. This money will reportedly be used forContinue Reading
Brands Investing In Top Esports Teams Have Doubled Their Returns Since 2019
Brands investing in leading esports teams that actively compete in top-tier gaming titles such as League of Legends, VALORANT, Fortnite, Dota 2, and soContinue Reading
VSPN Files For IPO With Hong Kong Stock Exchange
VSPN (Versus Programming Network Group) recently announced it filed for an IPO with the Hong Kong Stock Exchange. Through thisContinue Reading
PortalOne Secures $60M In Series A Funding Round
On January 27th, PortalOne announced it had raised $60 million through an oversubscribed Series A funding round. This money willContinue Reading
VR Gaming Studio Alta Closes $12M Seed Round
The virtual reality gaming studio Alta recently announced it closed a $12.4 million seed funding round. As a result, theContinue Reading
Drake Star: Gaming Market On Pace For $150B In Deals This Year
According to the major investment banking firm Drake Star Partners, the video game industry is on pace to break aContinue Reading
Nexters Acquires Three Mobile Gaming Companies
On January 27th, Nexters announced a series of acquisitions as part of its large-scale investment into mobile gaming. The companyContinue Reading
Esports Betting Sees 170% Growth In 2021
In 2021, the global audience for esports was estimated to reach about 474 million individuals. That number is predicted to rise toContinue Reading
Former F1 Chief Eddie Jordan Withdraws From Bidding For Gaming Software Company Playtech
After Playtech’s shares slumped 20% on January 21st, a consortium led by former Formula One chief Eddie Jordan withdrew fromContinue Reading
Spyke Games Secures $55M
Spyke Games recently announced the company raised $55 million in a seed funding round. This money will reportedly be usedContinue Reading
Savvy Gaming Group Purchases ESL Gaming From Modern Times Group For Over $1B
On January 24th, Modern Times Group announced that it had agreed to sell ESL Gaming to Savvy Gaming Group forContinue Reading
Episode #184 (Video): Bruce Stein, Legend of Fun, Audience Focus, aXiomatic Gaming, Esports Investing, Mattel, Kenner, Sony
In this episode with special guest Bruce Stein (Founder and former CEO of aXiomatic Gaming), we discuss founding aXiomatic Gaming andContinue Reading
Episode #184: Bruce Stein, Legend of Fun, Audience Focus, aXiomatic Gaming, Esports Investing, Mattel, Kenner, Sony
In this episode with special guest Bruce Stein (Founder and former CEO of aXiomatic Gaming), we discuss founding aXiomatic Gaming andContinue Reading
Animoca Brands Secures A $5B Valuation
Animoca Brands revealed the company had secured a $5 billion valuation. This comes after the organization announced it had recentlyContinue Reading