Esports & Fantasy

Vulcun cuts staff as it changes direction

Fantasy eSports company Vulcun has announced that it has had to lay off 14 members of staff. This is believed to be in the region of 25% of the company’s employees. This follows the decision to close down its real money fantasy eSports competitions. Vulcun Co-Founder Ali Moiz told The Verge in an email: “The company is transitioning to a new direction, …

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Cineplex launches eSports tournaments in Canada with Sony

Cineplex is continuing its new found dedication to the world of competitive gaming by introducing national gaming tournaments to its venues. The cinema chain has partnered with Sony Computer Entertainment to be able to offer the tournaments. As presenting sponsors of the tournaments throughout 2016, Sony will maintain the right to select the title sponsor for the Canadian Championships. The …

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Fanaments secures UK betting licence

Icelandic based fantasy sports firm Fanaments has announced that it has been granted a UK betting licence. The company is the only multi sports fantasy provider in Europe, in addition to offering users numerous footballing competitions it also provides MMA, PGA golf and NBA basketball. Fanaments launched in August 2015, and has since paid out over €300,000 (£224,348) and enjoyed month …

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24/7 ESports drops former Skyred CS:GO team

Australian eSports company 24/7 Esports has announced that it has terminated relations with a Vietnamese CS:GO team amidst allegations of match fixing. The team were formerly signed to Skyred, an eSports organisation which is one of the biggest in Vietnam.   It’s key to note that these remain only allegations, and no evidence has been provided as yet. The decision …

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California gives daily fantasy sites a boost

The current state of affairs regarding whether or not daily fantasy sports constitute gambling has been causing the companies offering such services major issues in recent times, with numerous investigations ongoing. The likes of DraftKings, FanDuel and others have been given a lift though, with the state of California having taken a step to permitting, taxing and regulating the industry.  Other states …

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DreamHack announces CS:GO tournament series

DreamHack has announced two $250,000 (£171,634) CounterStrike: Global Offensive tournaments for 2016. These will be known as DreamHack Masters tournaments. This brings the current total prize pool of DreamHack CS:GO tournaments to $1m (£686,539) for 2016. Tomas Lyckedal, Business Development Director at DreamHack stated: “We are extremely proud to introduce DreamHack Masters in Malmö, to offer both Swedish and Danish …

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eSports platform Vulcun drops fantasy offering

Competitive  eSports operator Vulcun has announced that it will no longer offer real money daily fantasy games from January 14th. An onsite blog post stated: “After careful consideration (and much heartache), we’ve decided to phase out paid fantasy on Vulcun. Once the new season of the LCS begins on January 14th, 2016, we will no longer offer paid contests on Vulcun.”  It was …

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eSports 2015 SBC report – Part 2

Following Part 1’s assessment of the key occurrences in the eSports industry from a business perspective in the opening six months of 2015, here’s more of the same for the latter part of the year. August Ashton Kutcher became the latest high profile investor in eSports as he joined billionaire Mark Cuban in investing in Unikrn. Kutcher has a successful …

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Mark Cuban believes US legalisation of gambling is inevitable

In an interview with Fortune Mark Cuban, US businessman and investor, stated his belief that the USA will legalise sports betting. When quizzed on the recent, and ongoing, investigations into the legality of daily fantasy sports firms such as FanDuel and DraftKings, Cuban said that he believes it is “inevitable” that gambling will be legalised. He added: “It will take …

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Activision Blizzard acquires Major League Gaming

According to a report by eSports Observer, Activision Blizzard has acquired the vast majority of Major League Gaming’s assets in a deal believed to be worth $46m (£31.1m). This would essentially mean the end of Major League Gaming, at least in its current form. MLG was once the biggest eSports company in North America though it suffered a recent blow …

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