executives

Rivalry raises $20 million for sports and esports online betting

Source Node: https://venturebeat.com/2021/03/01/rivalry-raises-20-million-for-sports-and-esports-online-betting/
Time Stamp: March 1, 2021 11:00 AM - Modified On: March 1, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/28/ads-are-back-in-monetizing-beyond-subscriptions-and-transactions-in-gaming/
Time Stamp: February 28, 2021 10:16 AM - Modified On: February 28, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/27/the-time-for-esports-professionalization-is-now/
Time Stamp: February 27, 2021 10:16 AM - Modified On: February 27, 2021 - Published By:
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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%

Source Node: https://venturebeat.com/2021/02/24/quantum-tech-partners-esports-companies-raised-2-billion-in-2020-up-116/
Time Stamp: February 24, 2021 10:30 AM - Modified On: February 24, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/23/valorants-game-changers-tournaments-will-highlight-women-and-marginalized-people/
Time Stamp: February 23, 2021 12:00 PM - Modified On: February 23, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/22/comcast-nbcuniversal-picks-10-sports-and-esports-startups-for-sportstech-accelerator/
Time Stamp: February 22, 2021 9:00 AM - Modified On: February 22, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/19/facebook-gaming-will-host-more-than-90-community-gaming-tournaments/
Time Stamp: February 19, 2021 1:00 PM - Modified On: February 19, 2021 - Published By:
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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

Source Node: https://venturebeat.com/2021/02/18/efuse-raises-6-million-for-linkedin-for-gamers-platform/
Time Stamp: February 18, 2021 10:00 AM - Modified On: February 18, 2021 - Published By:
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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

L.A. Thieves’ Kenny Williams on living the dream life as a pro Call of Duty esports player

Source Node: https://venturebeat.com/2021/02/12/l-a-thieves-kenny-williams-on-living-the-dream-life-as-a-pro-call-of-duty-esports-player/
Time Stamp: February 12, 2021 1:30 PM - Modified On: February 12, 2021 - Published By:
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GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now The Call of Duty League started its opening matches Thursday, and they run through this weekend so that you can watch a lot of havoc on Valentine’s Day. The new league will run its full season through the summer as an online-only esports league. The league features 12 teams in city-based territories, including the brand new L.A. Thieves team taking over the berth from The Immortals. I spoke with

Former Riot employee sues CEO for sexual harassment

Source Node: https://venturebeat.com/2021/02/09/former-riot-employee-sues-ceo-for-sexual-harassment/
Time Stamp: February 9, 2021 6:45 PM - Modified On: February 9, 2021 - Published By:
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GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now In a case filed in January, former Riot Games employee Sharon O’Donnell alleges that chief executive officer Nicolo Laurent sent her suggestive propositions in text messages. O’Donnell detailed the complaints in her sexual harassment case against the executive in the Superior Court for the State of California in Los Angeles. O’Donnell claims that Laurent told her to “cum” to his house while his wife was traveling. He also mentioned