The Esports Advocate – Esports Business News & Analysis
WEB5 days ago · September 10, 2024. Publicly traded esports and gaming company GameSquare Holdings, Inc. (NASDAQ: GAME) announced Tuesday that it closed new contracts in August valued at over $14M USD. These new contracts represent “a record month of new business development for GameSquare,” the company...
Riot Reveals League of Legends Esports Global Power Rankings
WEB3 days ago · This “model” will be updated on a daily basis, Riot says, during Worlds 2024. The Global Power Rankings uses what Riot describes as a “blended Elo metric,” using a weighted average between a team’s Elo and their league’s Elo—Elo and league Elo are weighted at 80% and 20%, respectively. Key features, according to Riot’s announcement:
Tencent’s King Pro League Grand Finals to Feature $10M Prize Pool
WEB2 days ago · The Beijing Worker’s Stadium has a seating capacity (depending on configuration) of 68,000, according to StadiumDB.com. The competition will feature 12 KPL teams with a ¥70M ($9.92M USD) total prize pool, with the winner of the competition taking home ¥22M ($3.1M). In addition, Tencent and TiMi …
Sources: IESF Board Held Vote to Cancel WEC 2024
WEB3 days ago · The Esports Advocate has learned that on Sept. 10, the International Esports Federation (IESF) held what sources describe as an impromptu board meeting where board members were asked to vote on a proposal where the “IESF” would cancel the World Esports Championship (WEC 2024) that is set to be held in the Saudi Arabian capital of Riyadh in November.
Riot Details Tier-1, Tier-2 Format for Americas League
WEB4 days ago · The Americas Tier 2 system will support two conferences (each with two leagues)” North (NACL & LRN) and South (CBLOL Academy & LRS). Tier 2 leagues will use a two-split format that runs in tandem with Tier 1 teams’ Split 2 and Split 3. Tier-2 teams will be able to qualify “through performance, with promotion and relegation,” according ...
Major Changes Planned for League of Legends Esports in 2025
WEBJun 11, 2024 · Riot Games announced plans on Monday for a major overhaul to the global ecosystem for League of Legends Esports in 2025.. That overhaul—which a Riot rep. told The Esports Advocate in a media briefing on Thursday–is somewhat informed and inspired by what it has learned from the Valorant esports ecosystem—includes an all-new event at the beginning of the season, a consolidation of the top ...
About The Esports Advocate
WEBTobias: tseck@esportsadvocate.net. Eddie: hchen@esportsadvocate.net. Welcome to The Esports Advocate, your premier destination for in-depth and authoritative coverage of the esports business and finance landscape created to empower esports stakeholders with the knowledge and information needed to do business in the world of esports successfully.
Riot Games' LoL, TFT Join the Esports World Cup - The Esports …
WEBMar 30, 2024 · Riot Games announced Saturday that Teamfight Tactics and League of Legends Esports teams will be allowed to participate at the Esports World Cup this summer in Riyadh Saudi Arabia. —the multi-week gaming and esports festival being run by the Saudi Arabian government.. In a statement issued to TEA by a Riot representative, the company laid out its reasoning for the decision, noting that this ...
Riot Expands League of Legends Esports Revenue Sharing
WEBMar 14, 2024 · Teams competing in LCS, LEC, LCK, and LPL can expect to generate more revenue from in-game items, Riot announced Thursday. Riot Games made a major announcement on Thursday related to powerful changes in revenue sharing for professional tier-1 teams participating in global League of Legends Esports. The announcement was made via a blog post ...
Riot Confirms Talks With Esports World Cup - The ... - The Esports …
WEBJan 3, 2024 · On Tuesday, Jacob Wolf reported that Riot Games would allow a League of Legends exhibition tournament to be part of the Saudi Arabian government’s Esports World Cup, an eight-week gaming festival and esports competition series featuring multiple titles that takes place in Riyadh, Saudi Arabia, beginning in July (formerly called Gamers8). Wolf’s reporting is based on a leaked internal email ...