Is There A Changing Of The Tide In The Gaming Space?
It’s possible that things might be changing in the gaming space. This comes after three major companies recently made announcementsContinue Reading
Tag: Stock
GameSquare Esports Merges With Another Company And Moves To Nasdaq
On December 8th, GameSquare Esports unveiled a merger agreement with Engine Gaming & Media. Through this deal, GameSquare will ownContinue Reading
Playtika Suffers Layoffs And Game Shutdowns
On December 12th, Playtika announced it would be laying off 15% of its staff. According to TechCrunch, this move willContinue Reading
GameStop Hit Hard By Gaming’s Down Year
GameStop recently posted its biggest quarterly revenue drop in two years. This comes as the entire gaming industry has beenContinue Reading
Embracer Group Approved For Swedish Market
The Embracer Group recently announced it had been approved for trading on the Nasdaq Stockholm stock exchange. As a result,Continue Reading
Allied Esports Undergoes Restructuring And Rebranding
On December 1st, Allied Esports announced it had concluded its strategic review process of the company. As a result, theContinue Reading
Leadership Changes Are Coming To Guild Esports
Kal Hourd will no longer be running the show at Guild Esports. After helping co-found the company and serving asContinue Reading
Is Roblox Underperforming?
J.P. Morgan has downgraded Roblox stock to a neutral rating due to some variable performances in bookings that suggest “moreContinue Reading
Is This $10M Decision A Reason To Worry About Allied Esports?
On November 21st, Allied Esports Entertainment Inc announced that its board of directors had authorized a stock repurchasing program ofContinue Reading
Weekly News Show #307: China Blizzard Breakup, Ubisoft Walk Of Shame, Amazon Luna Layoffs, Texas A&M Esports, Shroud PCs, Guild Esports Trouble, Allied Out Of Ideas
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss World of Warcraft leaving China, the Chinese mediaContinue Reading
Gamers Grieve The End Of Major Titles In China
In the middle of November, Activision-Blizzard announced it was ending its 14-year licensing agreement with the Chinese gaming firm NetEase.Continue Reading
Phil Spencer Is Not Sold On The Metaverse
The CEO of Microsoft Gaming, Phil Spencer, is the latest technology big-whig to take a shot at the metaverse. DuringContinue Reading
EEG Shuts Down Vie.gg Operations In Multiple Parts Of The World
Esports Entertainment Group recently announced that it would be closing down Vie.gg, the organization’s esports-focused sportsbook, in New Jersey, Spain,Continue Reading
FaZe Clan Is Having Financial Issues
The process of going public has been incredibly tumultuous for FaZe Clan. This comes after a recent filing showed thatContinue Reading
Esports Entertainment Group Announces Pricing Of Public Offering
On September 15th, Esports Entertainment Group Inc. announced the pricing of its previously held public offering of 30 million sharesContinue Reading
X1 Esports & Entertainment Approved For Trading
On September 9th, X1 Esports & Entertainment Ltd. announced that its common shares had been approved for trading on theContinue Reading
Allied Esports Entertainment Names New CEO
On September 8th, Allied Esports Entertainment Inc. announced that the organization’s board of directors had appointed Yinghua Chen as theContinue Reading
Coinbase Teaming Up With Enthusiast Gaming
On September 8th, Enthusiast Gaing Holdings Inc. announced it had agreed to a partnership with Coinbase. This deal will seeContinue Reading
Chinese Government Lightens Restrictions On Two Massive Companies
On September 13th, China’s National Press and Publication Administration approved a new batch of online games in the country. And,Continue Reading
Tencent Now Owns Almost Half Of Ubisoft’s Holding Company
Tencent is once again making a major splash in the gaming space. This comes after a report from Reuters indicatedContinue Reading
The Pokémon Company Is Suing Six Chinese Businesses
It seems that Pokémon has a legal battle on its hands. This comes after The Pokémon Company filed lawsuits againstContinue Reading
DRX Could Soon Make History In Korea
The South Korean professional esports organization DRX is ready to make history as it looks to become the first esportsContinue Reading
Job Cuts Hit Sea Ltd’s Gaming And E-Commerce Units
On September 9th, the Singaporean technology conglomerate Sea Ltd announced it would be cutting back operations for several business units.Continue Reading
Enthusiast Gaming Continues To Grow
On August 15th, Enthusiast Gaming Holdings Inc. announced the organization’s financial results for the second quarter of this year, whichContinue Reading
Unity Rejects $17.5B Offer
The board of directors at Unity Software Inc. recently rejected a $17.5 billion buyout offer from AppLovin. According to TheContinue Reading
Gfinity Launches Tournament Platform, Hires EA Veteran
On August 24th, Gfnity announced it had launched Athlos Game Technologies. This service provides clients with a tournament-based gaming platformContinue Reading
Tencent Wants To Be The Majority Shareholder Of This Gaming Company
According to sources that spoke to Reuters, Tencent is interested in expanding its stake in the French video game developerContinue Reading
Mobile Global Esports Unveils Compression Technology Partnership
On August 10th, Mobile Global Esports Inc. announced a joint product development partnership that features EVE encoding. This proprietary compressionContinue Reading