Tag Archives: eSports

Esports startup FaceIt raises $15m in Series A funding round

UK based esports startup FaceIt has raised $15m (£10.4m) in funding and has announced its expansion into the US by opening an office in Los Angeles. The company, which was funded in 2012, boasts over 3.5 million users on its multiplayer gaming platform. It allows players to take part in tournaments and leagues for prizes via automated tournament management and matchmaking. …

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Duncan Stewart – Deloitte – A response to SBC’s esports report analysis

Deloitte recently released its TMT 2016 predictions which included a fascinating and debatable section on esports, and its projected growth. Following an analysis of the report by SBC’s Sam Cooke, Deloitte Canada’s Director of Technology, Media and Telecommunications Research Duncan Stewart has responded to it with an explanation of their findings and the all important differences in the analytics of esports and …

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GDC survey claims both esports and VR are sustainable businesses

The Game Developers Conference fourth annual State of the Industry Survey, has shown that 88% of developers believe esports to be a long-term sustainable business. It also showed that 75% believe the same for Virtual and Augmented Reality (VR/AR).  The results of the survey are formulated by generated by feedback of over 2,000 game developers. It showed that 16% of developers are …

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Skillz launches cross platform esports system

Mobile esports company Skillz has announced the launch of the first ever cross­-platform multiplayer system for mobile games. This will ensure that players on Android and iOS systems are able to compete against one another in the 150,000 daily competitions currently available on Skillz. Games include Strike! Real Money Bowling, Mini Golf Stars and plenty more. At the time of …

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SBC analysis: Deloitte’s eSports 2016 predictions

Deloitte has released its technology media telecommunications (TMT) forecast for 2016, and it makes for some interesting reading in regard to eSports.  It is estimated that as an industry it will grow by 25% and create global revenues of $500m (£346.8m) in 2016. This is up $100m (£69.4m) from last year. Deloitte’s predictions fall some way short of some of last year’s …

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Grant Farwell – Matcherino – Let the fans decide

Following a successful 2015 for the eSports industry, 2016 looks set to be even bigger with the likes of EA, Activision Blizzard and ESPN showing their intent to capitalise on this momentum by establishing their own divisions and, in the case of Activision, acquiring a major organisation. Based in Seattle, Matcherino is a platform dedicated to bringing the fans closer to the …

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Vulcun cuts staff as it changes direction

Fantasy eSports company Vulcun has announced that it has had to lay off 14 members of staff. This is believed to be in the region of 25% of the company’s employees. This follows the decision to close down its real money fantasy eSports competitions. Vulcun Co-Founder Ali Moiz told The Verge in an email: “The company is transitioning to a new direction, …

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Cineplex launches eSports tournaments in Canada with Sony

Cineplex is continuing its new found dedication to the world of competitive gaming by introducing national gaming tournaments to its venues. The cinema chain has partnered with Sony Computer Entertainment to be able to offer the tournaments. As presenting sponsors of the tournaments throughout 2016, Sony will maintain the right to select the title sponsor for the Canadian Championships. The …

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24/7 ESports drops former Skyred CS:GO team

Australian eSports company 24/7 Esports has announced that it has terminated relations with a Vietnamese CS:GO team amidst allegations of match fixing. The team were formerly signed to Skyred, an eSports organisation which is one of the biggest in Vietnam.   It’s key to note that these remain only allegations, and no evidence has been provided as yet. The decision …

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DreamHack announces CS:GO tournament series

DreamHack has announced two $250,000 (£171,634) CounterStrike: Global Offensive tournaments for 2016. These will be known as DreamHack Masters tournaments. This brings the current total prize pool of DreamHack CS:GO tournaments to $1m (£686,539) for 2016. Tomas Lyckedal, Business Development Director at DreamHack stated: “We are extremely proud to introduce DreamHack Masters in Malmö, to offer both Swedish and Danish …

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