May Esports Investment Recap: Rockstars Go Rogue and a $180M IPO

With the exception of Discord’s  $50M investment round, April was a relatively quiet month for esports investments. May saw the industry get back on track. Seasoned investors like Goldman Sachs grew their esports portfolio while popular rock stars Imagine Dragons … Read More

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TEO Monday Morning Briefing, 28/05/2018

Fortnite gears up for esports with a $100M prize pool, ESL One debuts multiple new sponsors in Birmingham, and League of Legends makes its way to ESPN—though it might not be the deal everyone was hoping for. Missed any of … Read More

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Team Liquid Parent Company aXiomatic Raises $25M in Series B Funding

aXiomatic, which owns a controlling stake in Team Liquid, has raised $25M in series B investment. Bruce Karsh, executive board member of the Golden State Warriors and president of Oaktree Capital Management, led the round. Other backers include Ted Leonsis, … Read More

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Team Vitality Inks Marketing Partnership With Infront

Infront will market Team Vitality’s sponsorship offers as part of a partnership. The marketing company is active in esports through its co-created team FOKUS CLAN, and a partnership with Penta Sports. Team Vitality’s partnership portfolio already boasts brands including Adidas, … Read More

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Super League Gaming Adds Logitech G as Official Partner

Amateur esports organizer Super League Gaming announced partnership with Logitech G. Logitech G will provide tournament prize support and help SLG develop original content. SLG continues to attract partners, gearing up for a potential overseas expansion. Super League Gaming , … Read More

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People Who Now Get Into Esports Have Missed an Opportunity, Says Zach Leonsis

Every year esports attracts more investors and many of them hail from traditional sporting businesses. There is no better example than the newly franchised North American League of Legends Championship Series, where seven out of the ten teams are controlled … Read More

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Here’s the Esports Names That Made SBJ’s Top 50 Most Influential People in Sports Business

For the 14th year in a row, SportsBusiness Journal published its list of the most influential people in sports business. Out of the 50 entries for 2017, ten are involved in the esports industry—either as stakeholders, game-changers, or both. Most … Read More

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Riot Games Goes Big Into Stick-And-Ball Sports To Fill Out NA LCS Franchise Roster

Riot Games invited traditional sports figures into its new North America League of Legends Championship Series at a level that exceeded industry expectations, experts and observers said. Riot has built the world’s most successful esports property largely through the work … Read More

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NA LCS Spot Will Reportedly Go to Golden State Warriors Owners for $13 Million

Joe Lacob, majority owner of the Golden State Warriors, and son Kirk Lacob will join the North American League of Legends Championship Series as team owners next year, according to a report by ESPN’s Jacob Wolf. As a “permanent partner” … Read More

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