Business 
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Esports Industry Growth Underestimated, Will Exceed $2.5 Billion in 2022
Most projections estimate that the esports industry for competitive video gaming will surpass $1 billion in revenue in 2021. Further, Newzoo projects the industry to maintain a 15% annual growth rate reaching $1.8 billion by 2022, with revenue flowing into esports through media rights, live event ticket sales, merchandise sales, and in-game purchases, but most […]
OG Esports Partners with Shinkenso Analytics
Shikenso Analytics revealed a brand new esports partnership in its latest announcement to work alongside OG Esports and provide them with better data analytics. For a field like esports, where most of its activities happen online, data collecting and analysis are crucial. Especially nowadays when most tournaments are still not happening live. This is a […]
LCS Partners with Cryptocurrency Exchange FTX
Cryptocurrency exchange FTX further cements a spot in esports in a new partnership with LCS, the home for League of Legends esports in North America. LCS FTX Riot Games’ new partnership will span seven years and integrates the FTX branding directly into broadcasts. As the official cryptocurrency exchange of the LCS, the crypto branding will […]
Most Expensive Acquisitions in Gaming
The gaming and esports industry continues to grow, much of the growth comes from company acquisitions. Continued expansion came from acquiring brands but in the history of gaming, which company acquisitions are the most expensive? Most Expensive Acquisitions Using Crunchbase to gather the data, BusinessFinancing.co.uk found the five most expensive acquisitions in the gaming industry. Leading it […]
Gamer Personas and the Nine Different Types
Esports data company Newzoo found new insights on the different types of gamers and revealed their nine types of personas that video game players can fall into. Newzoo’s Segmentation Data Newzoo’s data found different archetypes that all gamers can fall into. The value of knowing more about these nine gamer personalities is primarily for marketing […]
Schalke 04 Esports sells LEC slot to Team BDS
League of Legends European Championship (LEC) team Schalke 04 Esports announced this morning that they finalized the sale of their LEC license, bringing Team BDS to take Europe’s slot. Official Statement on the Sale of the Schalke 04 Esports #LEC Slot. #S04 pic.twitter.com/DJI7ZcUxv9 — Schalke 04 Esports (@S04Esports) June 29, 2021 Schalke 04 Esports The […]
Soccer Clubs and Players moving the Esports Market
Soccer clubs are no longer strangers to the world of esports, and many European teams already created esports divisions to compete in multiple tournaments across different video game titles. However, in recent months, more clubs realized the potential of esports and are increasing their participation in this booming industry. Soccer and Football Clubs enter Esports […]
Adrian Montgomery, CEO of Enthusiast Gaming, talks Esports Business
The esports industry is growing quickly and it’s not all because of the teams driving fans and viewership. Businesses continue to make massive moves behind the scenes and esports organizations in Canada are no exception. Esportz Network spoke to Adrian Montgomery, CEO of Enthusiast Gaming (EGLX), regarding their success in esports which has become an impressive public […]
Esports White Paper from AGC Partners Explains it All
AGC Partners, an investment bank focusing on strategic advisory, just released its latest white paper, covering the esports industry in its entirety. Esports White Paper In a sector that is seen as one of the fastest-growing areas of the world, competitive gaming needs big updates. The new report provides a very comprehensive outlook into the […]
LiveHive Platform launches to Boost Mobile Gaming
Innovative Colorado-based company LiveHive introduced a new software as a service (SaaS) platform solution to improve marketing campaigns for e-commerce and mobile gaming. LiveHive Platform The new service looks to primarily help small to medium size businesses tap into quick-growing markets. Effective and low-cost marketing solutions driven by artificial intelligence, machine learning, and neuroeconomics are […]
