CMGE Ventures Joins The Gaming Scene
Recently, CMGE Ventures announced it had completed its investment in Continents Sport, which means that it now controls 51% ofContinue Reading
Tag: Stock
X1 Esports Closes Two Acquisitions
In early August, X1 Esports & Entertainment announced it had closed the previously announced acquisition of Tyrus LLC, a contentContinue Reading
EBET Forced To Make Layoffs And Move Away From Esports
According to a recent report from Sharpr, EBET, the company formerly known as Esports Technologies, was forced to make layoffsContinue Reading
Roblox Fails To Hit Estimates, Stocks Tumble
On August 9th, Roblox Corp failed to hit estimated financial projections for quarterly bookings. This caused shares in the companyContinue Reading
One Of The World’s Most Popular Games Was Just Banned In Its Most Lucrative Market
On July 29th, sources that spoke with Reuters said the Indian government banned the hit game Battlegrounds Mobile India dueContinue Reading
Is Motion Simulation The Next Evolution In Gaming Chairs?
According to Game Rant, D-BOX Technologies recently filed a patent that would change the gaming chair market forever. This patentContinue Reading
X1 Esports Set To Acquire Influencer Management Firm
On July 18th, X1 Esports and Entertainment announced that it had signed a definitive agreement to acquire the influencer managementContinue Reading
Office Hours: FaZe Clan Goes Public
In this episode (257) of Office Hours, with our host William “The Professor” Collis, we discuss FaZe Clan going publicContinue Reading
GameSquare’s CEO Acquires More Stock In The Company
On July 14th, Justin Kenna, the CEO of GameSquare Esports Inc., announced he had acquired 405,000 shares of common stockContinue Reading
CD Projekt Stock Has Plummeted Since Botched Cyberpunk 2077 Release
A new report from Business Insider Poland revealed that CD Projekt’s value has tanked by over 75% since just beforeContinue Reading
Unity Agrees To $4.4B Merger
On July 12th, Unity Software announced it had agreed to a merger with the global software company ironSource. According toContinue Reading
FaZe Clan Goes Public
The world-famous esports brand and entertainment company FaZe Clan recently began trading stock on the Nasdaq exchange following the completionContinue Reading
Things Are Not Going Well At GameStop
It sounds like there’s trouble brewing at GameStop. And, no… we’re not talking about the store at your local mall.Continue Reading
X1 Esports & Entertainment Begins Public Trading
On June 29th, X1 Esports & Entertainment announced the company would begin trading shares of stock on the Canadian SecuritiesContinue Reading
What Company Received A $1B Investment From Saudi Arabia?
Saudi Arabia is once again making a massive investment in the video game industry. The Saudi Arabian Public Investment FundContinue Reading
React Gaming Gets Approval To Re-Price Warrants
React Gaming Group Inc. received approval from TSX Venture Exchange to amend the exercise price of the existing common shareContinue Reading
Animoca Brands Continues To Be A Force In The Gaming Industry Following Latest Acquisitions
Animoca Brands recently acquired Notre Game s.r.o and Darewise Entertainment. Animoca will work with Notre Game to bring its newContinue Reading
Gfinity Extends Formula 1 Partnership
Gfinity recently announced that it had extended its relationship with Formula 1 for another year. Not only will Gfinity continueContinue Reading
Former OpenSea Exec Arrested And Charged With NFT Insider Trading
According to a press release from the United States Department of Justice, Nate Chastain was recently charged with wire fraudContinue Reading
Nvidia Shares Drop 7% Amidst Slowing Gaming Market
Despite a first quarter revenue that exceeded market expectations, chip designer Nvidia Corp still saw their shares plummet 6.7% inContinue Reading
Saudi Arabia Now Owns 5% Of Nintendo Shares
The Kingdom of Saudi Arabia now owns 5% of Nintendo. According to a recent Bloomberg report, the Saudi Arabia PublicContinue Reading
FIFA And EA Officially End 29-Year Relationship
There will not be a 30th-anniversary celebration for EA Sports and FIFA. Electronic Arts officially pulled the plug on itsContinue Reading
New York City Suing Activision
Activision is facing another lawsuit… this time it’s coming from New York City! According to a recent report from Axios,Continue Reading
Strauss Zelnick Receives Contract Extension Into 2029 From Take-Two
According to a recently leaked contract extension, Strauss Zelnick will remain the CEO of Take-Two Interactive into 2029. Moreover, aContinue Reading
Turtle Beach Told Shareholders It Is “Exploring A Sales Process”
On May 5th, Turtle Beach Corp. announced it was exploring a sales process as the company attempts to come upContinue Reading
Esports Technologies Inc. Changes Name To EBET Inc.
On May 4th, Esports Technologies Inc. announced it had officially changed its name to EBET Inc. in order to betterContinue Reading
Toronto Dominion Bank Invests Big In Games & Esports Experience Acquisition Corp.
Toronto Dominion Bank is going all in on Games & Esports Experience Acquisition Corp, acquiring 157,100 shares of the company’sContinue Reading
Netflix Looks To Video Games As Stock Plummets
Amid a rare financial stagnation, Netflix plans to commit hard to games. In April, Netflix said it lost 200,000 subscribers overContinue Reading