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Toronto-based esports company OverActive Media announced the second closing on their previously announced private placement, bringing the aggregate gross proceeds of their brokered and non-brokered financings to over $40M USD.   The parent company of three esports franchises, the Overwatch League’s Toronto Defiant, the Call of Duty League’s Toronto Ultra, and the MAD Lions, the current champions of the League...

Representatives from esports media holding company WePlay Esports, alongside professional boxers Oleksandr Usyk and Vasyl Lomechenko, have signed an agreement to create a company that will hold WePlay Ultimate Fighting League (WUFL) tournaments.  According to the release, the new company will also develop products and operate worldwide, with...