businesses

U.S. Government Takes Aim at  Riot Games, Epic Games, and Others Tied to Tencent

Source Node: https://esportsobserver.com/us-gov-riot-epic-tencent/
Time Stamp: September 17, 2020 4:47 PM - Modified On: September 17, 2020 - Published By:
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The U.S. Treasury’s Committee on Foreign Investment in the U.S. (CFIUS) has asked gaming companies including Riot Games and Epic Games to provide information on security protocols, according to a Bloomberg report. The CFIUS sent letters to Epic, Riot, “and other game companies” asking them to provide data on security protocols related to user data to the government because of their deep ties with Tencent Holdings.  Valorant and League of Legends developer Riot Games is a wholly-owned subsidiary of Tencent Holdings, while the company holds a 40% stake in Fortnite

Tencent Holdings COO Mark Ren Highlights Four Key Trends at Tencent Esports Global Summit

Source Node: https://esportsobserver.com/tencent-coo-mark-ren-tegs/
Time Stamp: September 7, 2020 8:54 AM - Modified On: September 7, 2020 - Published By:
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Tencent Holdings is one of the biggest technology companies in the world, but its gaming business is undisputed as the top revenue generator in the empire. According to Tencent’s latest financial report for Q2 2020, the company recorded total game revenues of ￥46.9B RMB ($6.8B USD), representing 40.8% of Tencent’s total revenues in Q2 2020. In Tencent’s executive structure, there are two employees with the highest salary and directly report to Tencent President Martin Lau. One is Allen Zhang, who’s in charge of the businesses of Chinese social media WeChat,

LPL Breaks Vietnam Viewership Record, Nike Unveils LPL Co-Branded Bomber Jacket, Team Kits, and More 

Source Node: https://esportsobserver.com/china-esports-recap-sept3-2020/
Time Stamp: September 3, 2020 12:00 PM - Modified On: September 3, 2020 - Published By:
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Last week, the biggest developments in China’s esports industry revolved around League of Legends esports. The League of Legends nine-year festival concluded in Shanghai, with Chinese teams TOP Esports (TES), Jing Dong Gaming (JDG), Suning Esports (SN), and LGD Gaming (LGD) confirmed to attend the League of Legends World Championship 2020 (Worlds 2020) to represent the League of Legends Pro League (LPL). The U.S. event service company Freeman collaborated with LPL operator TJ Sports to set the grand stage for the event. It should be noted that TES, JDG, and

Opinion: ESL One Rio Major May Still Happen in 2020, But Does it Make Sense?

Source Node: https://esportsobserver.com/opinion-should-rio-major-happen/
Time Stamp: September 3, 2020 9:04 AM - Modified On: September 3, 2020 - Published By:
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Initially scheduled to take place in May, the Counter-Strike: Global Offensive (CS:GO) tournament ESL One Rio Major 2020 was postponed in March to November after the COVID-19 outbreak, which has affected Brazil in a dramatic way with 120,000 deaths and a designation by the World Health Organization (WHO) as an epicenter of the pandemic since May. Almost six months after the postponement, the situation in Brazil is still not under control yet. Hundreds of Brazilians die every day, while the world still doesn’t have a vaccine fully approved by international

AT&T reportedly backs away from selling Warner Bros. Interactive

Source Node: https://www.engadget.com/att-timewarner-gaming-division-report-215112181.html
Time Stamp: September 1, 2020 5:51 PM - Modified On: September 1, 2020 - Published By:
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Sponsored Links Warner Bros. Interactive Entertainment For the time being, AT&T has reportedly decided against selling its Warner Bros. Interactive Entertainment gaming division to another company. According to Bloomberg, the telecom concluded the unit was too valuable to ditch, even if a sale would have helped the company with its $165 billion debt load. When news of the potential sale first broke, CNBC reported the sale of the division could have netted AT&T as much as $4 billion. Several prominent video game publishers were reportedly interested, including Microsoft, Take-Two, EA and Activision Blizzard. Bloomberg reports two

Why Do Online Slots Hold a Large Market Share in the Online Gaming Industry?

Source Node: https://1reddrop.com/2020/09/01/why-do-online-slots-hold-a-large-market-share-in-the-online-gaming-industry/
Time Stamp: September 1, 2020 4:31 AM - Modified On: September 1, 2020 - Published By:
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As a regular online casino player, you encounter slots and board games, along with live dealer games. All this makes the casino truly enjoyable, and yet many of us crave for slot games.Online slot games are fascinating, and we can provide you with solid proof to show the same. It is for these reasons that we consider slot games to have become so popular.1. Vast Variety in ThemesIf you like novel ideas in everything you read or play, slot games will amuse you. Every casino these days has over 100s

Guangzhou Charge Owner Nengking Group Launch Esports Umbrella Brand Ultra Prime

Source Node: https://esportsobserver.com/owl-charge-nengking-ultra-prime/
Time Stamp: August 28, 2020 5:29 PM - Modified On: August 28, 2020 - Published By:
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Chinese conglomerate Nengking Group, owner of Overwatch League (OWL) team Guangzhou Charge (GZ Charge), announced on Friday that the company has established a new esports brand called “Ultra Prime” (UP) for “better connecting to the esports industry.” UP will operate multiple esports businesses, and one of the businesses will be a young player training program, called “Ultra Prime Academy.” Ignite One, the current academy team for GZ Charge, has been added into the program. Nengking Group said that UP is looking to add multiple “promising” esports titles to the program,

For the 2nd Time, The Game Agency Appears on the Inc. 5000, With…

Source Node: https://www.prweb.com/releases/for_the_2nd_time_the_game_agency_appears_on_the_inc_5000_with_three_year_revenue_growth_of_64_percent/prweb17340598.htm
Time Stamp: August 24, 2020 8:00 PM - Modified On: October 29, 2021 - Published By:
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“The Game Agency is enjoying record growth thanks to a combination of our custom games and the hundreds of companies using The Training Arcade®, our DIY game authoring tool”, says Stephen Baer, Co-Founder and Managing Partner. STAMFORD, Conn. (PRWEB) August 25, 2020 The Game Agency is pleased to announce that they have been named once again to the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its

Team Liquid Signs Partnership Deal With Zoomph

Source Node: https://esportsobserver.com/team-liquid-partnership-zoomph/
Time Stamp: August 18, 2020 12:05 PM - Modified On: August 18, 2020 - Published By:
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Esports organization Team Liquid announced Tuesday a new social media measurement partnership with Zoomph.  Financial terms and length of the partnership were not disclosed. Zoomph has already created a custom version of its real-time social analytics platform to provide Team Liquid with “reporting data to create more engaging and meaningful partner campaigns,” according to a release. Team Liquid will also use the data it collects to grow its social media presence and increase engagement with its fans, the company said. Team Liquid will also use Zoomph’s data to increase fan

DoorDash Partners With NBA, WNBA, and NBA 2K League

Source Node: https://esportsobserver.com/doordash-nba-wnba-nba-2k-league/
Time Stamp: August 17, 2020 8:56 AM - Modified On: August 17, 2020 - Published By:
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DoorDash announced Monday a multiyear marketing partnership with the National Basketball Association that sees the meal delivery service named the  “official on-demand delivery platform of the NBA, WNBA, and NBA 2K League. The partnership will be front-and-center starting today with the 2020 NBA Playoffs.  DoorDash will also serve as the presenting partner of the NBA 2K League Playoffs and Finals, and will take part in in-game activations highlighting  “special moments and relevant experiences.” The 2020 NBA 2K League Playoffs delivered by DoorDash will take place Aug. 20 – 22, with