The Esports Observer

The #1 Source for the Business of Esports

Latest articles

Update: TikTok Deal With Oracle, Walmart Delays U.S. Ban to Sept. 27

The U.S. Treasury Department issued a statement Saturday evening to officially highlight that President Donald Trump has reviewed a deal between TikTok, Oracle, and Walmart, and appears to approve of it.  “The President has reviewed a deal among Oracle, Walmart, and TikTok Global to address the national security threat posed by TikTok’s operations,”...

Update: District Court Judge Issues Preliminary Injunction Against WeChat Ban in the U.S.

Update: Magistrate Judge Laurel Beeler issued a preliminary injunction Sunday morning against banning WeChat.  “The court grants the plaintiffs’ motion for a nationwide injunction against the implementation of Executive Order 13,943 (limited to the Secretary of Commerce’s Identification of Prohibited Transactions 1 through 6). “Nothing in this order...

Lenovo Legion Sponsors G2 Esports as Hardware Partner

Berlin-based esports organization G2 Esports announced that the company signed a sponsorship deal with hardware brand Lenovo Legion. The PC brand will sponsor the organization’s League of Legends, Rainbow 6, Rocket League, Fortnite, and Sim Racing teams.  Financial terms of the deal were not disclosed. Legion is the gaming-focused PC brand owned by...

Unity Raises $1.3B in Initial Public Offering, Surpasses Epic Games’ Valuation

Video game development platform and technology firm Unity Software completed its initial public offering Friday and began trading on the New York Stock Exchange. The Unity game engine developer raised $1.3B USD in the offering. The company sold 25M shares, which represent roughly 9.49% of the company’s total outstanding shares after the offering, at...

Betway Sponsors Beastcoast Peruvian Dota 2 Team

Esports organization Beastcoast has secured a one-year partnership with betting platform Betway for it’s Peruvian Dota 2 team.  South America is an under-developed region for Dota 2 competition, but Beastcoast has seen success at recent online regional events. The organization also has partnerships in place with various endemic brands like AORUS and...

Google Play Removes Paytm and Paytm First Games Apps

The Google Play store has removed the Paytm and Paytm First Games apps for alleged violations of gambling policies. According to a report on CNBC-TV18, Google already notified the Paytm developers on the issue several days ago. It’s likely that the move happened to set a precedent for apps and products engaging in gambling-related activities […]

Intel Extreme Masters Global Challenge Set to Bring CS:GO Back to LAN

Counter-Strike: Global Offensive competition is coming back to LAN play. The Intel Extreme Masters Global Challenge 2020, set to take place in Cologne, Germany, from  Dec. 15-20, will see eight teams from three continents compete for the largest share of the $500K USD prize pool. With the COVID-19 pandemic all but taking away LAN events […]

Halo Championship Series Pivots Due to Halo Infinite Delay

The Halo Championship Series has announced a change to its competition schedule due to the delayed release of Halo Infinite. The latest entry in the popular Halo series was expected to release in late 2020, but developer 343 Industries and publisher Microsoft were forced to push back its launch due to the ongoing COVID-19 pandemic. […]

Gamers Club and Epic Games Partner for Fortnite Tournaments in Latin America

Esports promotion company Gamers Club announced Thursday a partnership with Epic Games to include its battle royale game Fortnite in its competitions platform. The tournaments will be available for Gamers Club users beginning Sept. 24, in an online structure that will also include game classes, content, and broadcasts. It is predicted that the competitions’...

Razer to Lobby for Inclusion of Esports in SEA Games 2021

Gaming peripherals brand Razer will lobby for the inclusion of esports in the 2021 Southeast Asian Games. Esports was a part of the SEA Games in 2019 but the current organizers, Vietnam, removed it from the games amidst budget constraints brought forth by the ongoing COVID-19 pandemic. Based out of Singapore, Razer is a key […]

Discover, share and read the best on the web

Subscribe to RSS Feeds, Blogs, Podcasts, Twitter searches, Facebook pages, even Email Newsletters! Get unfiltered news feeds or filter them to your liking.

Get Inoreader
Inoreader - Subscribe to RSS Feeds, Blogs, Podcasts, Twitter searches, Facebook pages, even Email Newsletters!