An ongoing investigation conducted by the Esports Integrity Commission (ESIC) has identified an additional 35 individuals guilty of betting-related infractions concerning official matches played on Counter-Strike matchmaking platform ESEA. Photo credit: ESIC RELATED: ESI Gambling Report: The Counter-Strike effect and preserving integrity online In a statement, ESIC identifies...
Chinese esports solutions provider VSPN (Versus Programming Network) announced that it has closed a $60M USD Series B+ funding round, led by Prospect Avenue Capital (PAC). Further investors participating in the round include Guotai Junan International and Nan Fung Group. Lighthouse Capital acted as the...
The social project AfroGames, created in a partnership with the non-governmental organization AfroReggae in Brazil, reopened on Thursday after a pause during 2020 due to the COVID-19 pandemic. Focused on the population living in the poor neighborhoods in Rio de Janeiro, known as favelas, the...
Game live streaming and community platform Turnip has raised a $1.63M USD seed financing round led by early-stage venture investment firm Elevation Capital with participation from Better Capital’s CEO and founder Vaibhav Domkundwar. The Bengaluru, India-based startup plans to use the investment proceeds to expand...
High Coast is the newest organization that will try to get involved in the Dota 2 scene. Even though it was formed in 2019, the Swedish esports organization High Coast Esports decided to try its luck in the Dota 2 world. However, instead of forming its...
Nations Ventures, a venture capital fund majority-owned by We Are Nations, has invested in Australian based influencer merchandise and media company Hypr Carry. Details of the amount invested in Hypr Carry has yet to be revealed, however, the funding will be used help establish a wholly-owned...
Mobile Legends: Bang Bang developer MOONTON has announced a partnership with Razer that will make the peripherals manufacturer the official gaming gear partner of the M2 World Championship. As part of the deal, an MLBB character will be added to Razer’s BlackShark V2 headset as...
New York Subliners academy player Diamondcon joins the team for the KickOff Classic. After ZooMaa announced he was stepping down from professional Call of Duty recently, fans have been wondering who will replace him on the Subliners for the 2021 season. While many expected academy player...
Artem Bykov has left Blizzard Entertainment to join ESL Gaming as its new general manager of game management. Bykov spent more than five years at Blizzard in various esports-related roles including overseeing Hearthstone, StarCraft, Warcraft, and Heroes of the Storm esports in EMEA and as...
Last week, China’s esports industry saw a big increase in investments and acquisitions. Esports company Bilibili Esports raised ￥180M RMB ($28M USD) in its initial funding round, and VSPN acquired production company Banana Gaming & Media with undisclosed financial terms. Also in the Asia region, ...