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GamesBeat Summit 2021: Growing the Next Generation is coming on April 28-April 29

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. Hosted Online April 28-29, 2021 Register Now Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. GamesBeat Summit 2021: Growing the Next Generation will feature a full slate of visionary speakers in an online-only event on April 28 and April 29, and we’re pleased to talk about our initial slate of participants. We’ll bring together industry leaders for our 12th annual executive summit to engage in genuine conversations,

Ctrl gets gamer meal-replacement shakes into 750 Vitamin Shoppe stores

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Ctrl, a startup that makes healthy shakes and other nutritious food for gamers, is now available in 750 Vitamin Shoppe stores around the U.S. As I mentioned in my last story, I normally don’t write about this kind of company, as meal-replacement shakes aren’t innovative. But cultural changes are afoot that make this an interesting move, as well as the fact that esports organization Faze Clan has invested in

Rivalry raises $20 million for sports and esports online betting

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Rivalry has raised $20 million for its business of sports and esports betting. The company has a mobile and PC platform that makes it easy to place bets on sports and esports matches. Rivalry’s average customer is 25 years old, and the company is going after esports and sports fans who are under 30. At the moment, Rivalry has an offshore gambling license with the Isle of Man, which

Ads are back in: Monetizing beyond subscriptions and transactions in gaming

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. The rapid growth of direct-to-consumer streaming platforms has proven that subscriptions are viable. Subscription options have seen a massive increase as console, platform, and other industry players have tried to capture people’s time by creating an experience that offers a variety of games. But in the same breath, we hear about rapid subscription growth

The time for esports’ professionalization is now

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now With traditional sports and entertainment evaporating overnight amid the COVID-19 outbreak last spring, esports became the solution for stakeholders across many industries to ensure the show did indeed go on. This resulted in the injection of professional gaming into the social mainstream, providing hours of entertainment for content-starved audiences while playerbases skyrocketed as a means of staying connected during a time when many were apart. While the surge of

Quantum Tech Partners: Esports companies raised $2 billion in 2020, up 116%

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Esports companies raised $2 billion in 2020 over 200 transactions in 2020, up 116% in value from $957 million in 123 deals in 2019, according to mergers and acquisitions advisory firm Quantum Tech Partners. Mergers and acquisitions also rose, with 50 deals valued at $658 million in 2020, compared to 33 deals valued at $475 million in 2019, said Alina Soltys, cofounder of Quantum Tech Partners, in an interview

Valorant’s Game Changers tournaments will highlight women and marginalized people

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Riot Games announced the Valorant Champions Tour (VCT) Game Changers program today. It’s an esports tournament initiative to supplement the competitive season by highlighting women and people of marginalized genders. The year-long effort will help build a tour that is more representative of the diversity of the Valorant community, Riot Games said. “Game Changers will provide tournaments and development programs for women who want to take their game beyond

Comcast NBCUniversal picks 10 sports and esports startups for SportsTech Accelerator

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Comcast NBCUniversal today announced it has picked 10 sports tech and esports startups for the first annual Comcast NBCUniversal SportsTech Accelerator. Comcast NBCUniversal is investing $50,000 in each startup and training them for 12 weeks, in partnership with Boomtown Accelerators. Two of the winners are esports companies. It chose the winners from over 1,000 applicants in 70 countries. The companies will work with Comcast NBCUniversal and the SportsTech partner

Facebook Gaming will host more than 90 community tournaments

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Facebook Gaming said it will work with community partners such as Real Time Strategies and Community Gaming New York to host more than 90 online community events. These are small events that are open to the public. Each features a $1,000 prize pool, small enough not to attract esports stars but surely enough to be a draw for your neighborhood amateur gamer. Interested competitors can find and register for

Efuse raises $6 million for ‘LinkedIn for gamers’ platform

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Efuse has raised $6 million for its “LinkedIn for gamers” platform, which helps esports amateurs and gamers find jobs and a sustainable way of life. The funding came after the Columbus, Ohio-based company signed up more than 500,000 new users to its platform in the past year. Efuse will use the capital to fuel product development and user acquisition and make key hires as it progresses toward profitability in