ESPORTS TOURNAMENT
Hyderabad esports event makes itself heard amid World Cup din
Even as the country watched the thrilling T20 World Cup final on Saturday, a separate kind of event was unfolding in Hyderabad with a 1,000-person strong crowd cheering the champions of the Battleground Mobile India (BGMI) series.
Dubai launches long-term Dubai Gaming Visa for gamers,content creators & developers
Dubai has introduced a Dubai Gaming Visa as part of the Dubai Program for Gaming 2033, aiming to establish itself as a global gaming hub by attracting international talent, fostering local expertise, creating jobs, and promoting innovation in the gaming industry, offering long-term residency and career opportunities. Apply following eligibility criteria.
'Call of Duty' gamers sue Activision for monopolizing leagues, tournaments
Video game maker Activision Blizzard is facing a U.S. lawsuit for unlawfully monopolizing the Call of Duty market. The lawsuit alleges that Activision Blizzard eliminated competition and imposed strict contract provisions on teams and players. Activision Blizzard settled a U.S. Justice Department lawsuit last year.
Nodwin Gaming acquires Turkey-based esports firm Ninja Global
Ninja Global conducts tournaments, broadcasts and other esports-related activities across Turkey and the Middle East and North Africa (MENA) region.
Valorant Update 8.02 Patch Notes: Here’s what we know so far
Valorant's 8.02 patch introduces the VCT 2024 Esports Hub, UI tweaks, and skin updates. It's a lighter update compared to the previous one, focusing on minor adjustments.
Nazara Technologies reports 47% growth in quarterly profit, revenue up 2%
Nazara’s esports division, which includes businesses like esports and media firm Nodwin and sports news firm Sportskeeda, contributed 55% of the firm’s overall revenue in the nine months ended December. Meanwhile, the gaming division that houses properties like edtech products Kiddopia and Animal Farm, as well as its real money gaming firm Openplay, brought in 36% of overall revenues, with the rest of the 9% coming from the advertising tech business.
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Free Fire Max beats BGMI to bag India’s favourite esports tag
As per data from media analytics platform Comscore, Free Fire Max first overtook BGMI in terms of unique visitors in August 2022, just a month after the government blocked BGMI.
How Krafton brought PUBG successor Battlegrounds back from a ban
Krafton, publisher of one of India’s most popular esports titles, Battlegrounds Mobile India (BGMI), shifted data, hiked India investment, made changes to game to get ban revoked
Inside Flipkart’s restructuring; Ad boost for q-commerce, food-delivery
Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in today’s ETtech Morning Dispatch.
Esports companies may cap player pay at Rs 2.5 lakh per month
Last month, about 15 esports organisations met to discuss that paying high salary packages to grab top players is impacting their business.
ETtech Explainer: Esports set to reach new heights in India in 2024
Organisers expect on-ground events to continue to gain in popularity. Game publisher Krafton, which disbursed Rs 3.8 crore in 2023, also said both the prize size and scale of its tournaments shall be higher in 2024 with more penetration in tier-2 and tier-3 cities.
US video game developer Riot Games to debut international esports tournament in India
The 'Convergence' event will be co-sponsored by Lenovo and Intel, and it will have a prize pool of $50,000 for the winners. The event would witness participation from teams from South Korea, Europe, Brazil, and Turkey, including a couple of popular Indian teams.
EsportsXO raises next funding round to fuel expansion and growth
Founded by Vikas Goel, Utsav Umang, and Rohit Raj, EsportsXO aims to add comprehensive value to the entire gaming ecosystem, catering to the needs of gamers, game developers and brands.
Inside a Mumbai house where a league of gaming legends resides
Esports organisations such as S8UL, Revenant Esports, GodLike Esports, Orangutan Gaming and Global Esports have leased out swanky bungalows to build gaming houses or boot camps to house top esports athletes of their teams.
Repeat's $25k Warzone Tournament: This is what we know about schedule, how to compete, prize money and more
Repeat's $25k Warzone Tournament, leading up to the new Warzone launch, features top players battling for a $25,000 prize pool. Owned by Sony, Repeat is an esports platform offering free, unique tournaments lasting 24 hours to 30 days. Warzone players can sign up, compete, and win cash and prizes.
JetSynthesys to host India’s largest esports tournament next week
The Global e-Cricket Premier League (GEPL) is touted to be the first made-in-India esports league to scale up to the level of Krafton Inc’s Battlegrounds Mobile India (BGMI) series.
HP launches free online courses on esports management, game development
Nearly half of gamers rely on YouTube and fellow gamer buddies to enhance their skills while 61% are not aware of gaming courses that exist in India, according to an HP study.
Game on: Casters beat players in esports winnings
Esports casters like Ocean Sharma, Varun John, Sudhen Wahengbam, Kaavya Karthikeyan and many others are being well rewarded as hosts of tournaments such as BGMI, Valorant, CS:GO and even making a mark internationally.
Looking into FY25, Nazara Technologies has a very good base to launch more aggressive growth: Nitish Mittersain
“In the medium to long term, we are aiming to get our gaming margins above 25%. The right range is 25-30% and that is what we will keep striving for. Our e-Sports business remains a strategic business for us, therefore, our focus is not so much on margin expansion but building strategic moats.”
New playbook: Online gaming companies, brands target offline streaming in India
Gaming companies such as Krafton, Nodwin Gaming and Jio Games along with brands such as iQOO, Lenovo and Red Bull are investing large sums of money in offline streaming of popular esports leagues in physical arenas across India.
World Championship 2023: League of Legends championship returns to South Korea
The 2023 World Championship of League of Legends esports is taking place in South Korea. Team BDS secured their spot through the Qualifying Series with a surprising 3-0 victory over the Golden Guardians. The tournament can be streamed on Riot Games' official Twitch channel and will feature over 50 official co-streams. The event will run from October 10 to November 19 at four different venues in South Korea.
League of Legends World Championship 2023 kicks off: What you need to know
Worlds 2023 has returned to South Korea, which previously hosted the event in 2014 and 2018. After the 2022 competition spanned across Mexico and the United States, this year's tournament has returned to a single-host nation format. The journey to Worlds 2023 began with Team BDS securing the last qualification spot for Worlds through the Qualifying Series, impressively defeating Golden Guardians with a decisive 3-0 victory.
US Air Force partners with MITRE to launch e-sport tournament to help servicemen
US Air Force will use MITRE-designed video games to help servicemen get better prepared for real-life combat. It will launch an e-sport tournament.
India's first online gaming academy in MP gets 40,000 registrations for 200 seats, last date extended
Madhya Pradesh government has seen "astounding" demand for its Online Gaming Academy and has extended the registration deadline for the E-sports Junior Championship from 27 July to 1 August to accommodate it. The academy has 200 places, and the selection process will distribute 80% of these to local youths. The academy will provide training for competition and also career paths in coding, tournament operations, content creation, game development and more.
Saudi Arabia is spending billions to become a global gaming hub. Some fans don't want to play
Last September, the Saudi sovereign wealth fund earmarked nearly $40 billion for a new conglomerate aimed at transforming the kingdom into the "ultimate global hub" for games and esports by 2030. In February, the Saudi fund became the biggest outside investor in Nintendo, and just this month the kingdom hosted a major gaming tournament with a record $45 million prize pool.
TV platforms double down on esports across formats after BGMI returns
The foray of esports would also help improve advertisers' interest in the sector, executives across industries said. Attracting advertisers is essential as it is the biggest income source for esports firms.
Esports event calendar 2023: Here’s the list of all upcoming major tournaments
As we enter the latter half of 2023, the esports scene is brimming with major tournaments scheduled throughout the remaining months of the year. Here is an extensive compilation of the most prominent tournaments to keep an eye on in the upcoming months.
Game on: Krafton’s BGMI return revvs up Indian esports scene
The lifting of the BGMI block on a trial basis in May has streaming platforms and tournament organisers alike projecting a bump in viewership and revenues. At the same time, professional BGMI teams are seeing their calendars fill up with tournaments and the opportunity to represent India abroad.
The esports world is starting to teeter
After years of fanfare, esports in the United States are giving way to economic realities. Unable to turn a profit, team owners are cutting costs by laying off employees and ending contracts with star players.
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