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Esports Market Set To Surpass $5 Billion By 2029: What Investors Need To Know
Saturday, November 30, 2024 - 5:00pm | 812The global esports market is poised for explosive growth, with a recent report from Arizton Advisory & Intelligence projecting it will exceed $5 billion by 2029, fueled by a compound annual growth rate (CAGR) of 17.48%. To put this in perspective, industries like American football and global...
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FIFA Partners With Konami For eFootball FIFAe World Cup Revival
Thursday, October 10, 2024 - 2:51pm | 440FIFA has announced a fresh partnership with Konami Group ADR (OTC:KONMY), marking the return of the FIFAe World Cup tournament. This collaboration signals a significant shift, as the tournament will now feature Konami's free-to-play title eFootball, following the conclusion of FIFA's 29-year...
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EXCLUSIVE: XSET's CEO On Expansion, Fortnite's Future, 'Where Gaming Intersects With Music, Fashion, Art And Entertainent'
Friday, May 17, 2024 - 11:27am | 729During the recent Benzinga Sports Betting, Gaming & Esports: A Deep Dive virtual event, Greg Selkoe, co-founder and CEO of XSET, discussed the future of his gaming lifestyle company and its involvement with Fortnite. Selkoe’s insights revealed how XSET is blending gaming with music,...
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Unpacking The Future Of Sports Betting, Gaming, Esports
Tuesday, May 14, 2024 - 12:54pm | 559The Sports Betting, Gaming & Esports: A Deep Dive virtual event on May 16 at 11 am ET will bring together industry leaders to discuss these rapidly growing fields’ current and future state. This session will provide attendees a platform to hear from top professionals about the trends...
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EXCLUSIVE: Staking On Esports Talent - 1v1Me's Innovative Approach Gains Traction In Gaming Community (UPDATED)
Thursday, March 7, 2024 - 10:53am | 1050Editor's Note: This article has been updated to more accurately reflect 1v1Me's service as "staking" rather than "betting." In the dynamic world of esports, 1v1Me has emerged as a distinctive platform that is transforming competitive gaming and providing...
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Call Of Duty Pros Sue Activision Over Alleged Tournament Monopoly
Friday, February 16, 2024 - 4:18pm | 529In a lawsuit filed in a Los Angeles federal court, prominent players of the video game Call of Duty accused Microsoft Corp.'s (NASDAQ: MSFT) Activision Blizzard Inc. of establishing an illegal monopoly over professional leagues and tournaments for the game. The suit states that Activision...
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Why FaZe Holdings Stock Is Racing Higher
Tuesday, January 23, 2024 - 12:26pm | 270FaZe Holdings Inc. (NASDAQ:FAZE) shares are trading higher Tuesday after the company announced a multi-million dollar esports sponsorship deal. The Details: Under the terms of the deal, Rollbit will become a global partner of FaZe Clan’s Counter-Strike team, which is currently the number one...
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Is Evil Geniuses Exiting Esports By The End Of 2023?: Report
Wednesday, November 22, 2023 - 6:23pm | 375The Seattle-based esports organization Evil Geniuses (EG) is reportedly for sale, with its owners seeking to divest the team wholly or partially. According to a Sports Business Journal (SBJ) report, the company, established in 1999 and featuring teams in games like Valorant, League of Legends...
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World Cup Champion Lionel Messi Partners With Agüero To Own Krü Esports
Tuesday, November 7, 2023 - 3:14pm | 405Renowned football player and World Cup champion Lionel Messi joined forces with Krü Esports, an esports team led by Sergio Kun Agüero. This announcement was made by Agüero on his Twitch channel, following recent speculations about organizational changes. See Also: Want...
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Traditional Video Game Revenue Declines: 1 Gaming Growth Area Brings In $37.1B Annually
Tuesday, June 20, 2023 - 3:39pm | 408New data released by PricewaterhouseCoopers International Limited sheds light on the shifting landscape of the gaming industry, indicating that "traditional" games make up only 26.7% of the revenue earned by the United States games industry. Breaking Down Gaming Revenue Trends: The...
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'All The Esports Orgs In North America Are Either Broke Or Going Broke' Says Streamer, Esports Team Owner 'Disguised Toast'
Tuesday, June 20, 2023 - 3:22pm | 656Streamer and esports team owner Jeremy Wang, widely known as Disguised Toast, expressed his views on the current state of the esports industry, saying it "is one of the worst things you can get into." "Last week, my accountant messages me and says, 'Toast, we need to talk',...
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21-Year-Old Professional Counter-Strike Player Loses His Life In Russia-Ukraine War
Friday, June 16, 2023 - 1:01pm | 489A 21-year-old professional "Counter-Strike: Global Offensive (CSGO)" player, Ostap "0ni" Onistrat, lost his life during the ongoing war between Russia and Ukraine. Onistrat was killed on June 3 while defending his home country of Ukraine, on the front line in Vuhledar, situated...
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'League Of Legends' Strike Resolved: Tencent's Riot Games And Players Union Reach Agreement
Friday, June 9, 2023 - 3:28pm | 542The looming strike that threatened to disrupt the North American season of "League of Legends" has been called off. Two weeks ago, the LCS Players Association (LCSPA) declared their intention to strike in response to Tencent Holdings Ltd.'s (OTC: TCEHY) Riot Games' plans to make...
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Riot Games' Ultimatum: Entire Esports Season At Risk If 'League Of Legends' Players Strike Continues
Wednesday, May 31, 2023 - 4:18pm | 468Riot Games, the video game developer, publisher, and esports tournament organizer owned by Tencent Holdings Ltd. (OTC: TCEHY), has announced a two-week delay in the start of the competitive North American League of Legends summer season, following a walkout by players who voted "overwhelmingly...
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TikTok's Game-Changing Influence: Platform's Mighty Role In Game Discovery And Esports
Tuesday, April 25, 2023 - 4:27pm | 546TikTok, the video hosting service owned by the Chinese company ByteDance, has emerged as a powerful platform for the gaming industry, with its short-form videos and discovery algorithm transforming the way consumers find new games. In an interview with Venture Beat, Harish Sarma, TikTok...