Business

Business: EWCF commits $45M to inaugural Esports Nations Cup

More details emerged on Thursday about the inaugural Esports Nations Cup 2026 in Riyadh, Saudi Arabia. The competition will run from Nov. 2-29 and includes a $45 million commitment from...

Business: Esports World Cup 2026 announces $75M prize pool

The 2026 Esports World Cup returns to Riyadh, Saudi Arabia, this summer with a record-breaking $75 million prize...

Business: PIF, Jared Kushner’s firm lead $55B buyout of Electronic Arts

Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners and Silver Lake agreed to a $55 billion takeover...

Business: Report: Astralis officially taken over by Fusion Esports Group

Danish esports organization Astralis has officially been taken over by a group called Fusion Esports Group, according to...

Business: Esports Nations Cup set to begin in 2026

An esports tournament pitting nations against each other will launch next year. The Saudi-backed Esports World Cup Foundation announced...

Business: MLB The Show 22 to feature Angels’ Shohei Ohtani on cover

American League Most Valuable Player Shohei Ohtani will be featured on the cover of MLB The Show 22. The video game is scheduled to be...

Business: Monumental S&E developing 14k-foot esports center in D.C.

Monumental Sports & Entertainment announced plans for a nearly 14,000-square foot live-event theater and gaming center in Washington D.C. focused on esports. Named District E...

Business: ESL, FACEIT merging in $1.5B deal

The Saudi Arabian-backed Savvy Gaming Group has purchased ESL Gaming and FACEIT for a combined $1.5 billion. The merger is scheduled to be finalized in...

Business: ‘Call of Duty’ part of Activision sale to Microsoft

Microsoft is set to acquire Activision Blizzard -- publisher of Call of Duty -- for $68.7 billion in an all-cash deal. Microsoft announced the deal...

Business: eMLS shifts Series 1 and 2 events online due to COVID-19

On Wednesday, Major League Soccer announced the cancellation of all in-person activities for the 2022 eMLS League Series 1 and Series 2 events planned...

Business: Riot Games to pay $100M for gender discrimination

Video game giant Riot Games agreed to a $100 million payment to settle a gender discrimination suit involving more than 2,000 female employees, some...