Esports revenue to cross $ 1 bn in 2019

The esports market is expected to eclipse $1 billion in revenue for the first time in 2019, according to a market report from research firm Newzoo released on Feb 12th. The esports industry brought in $865.1 million in revenue in 2018, according to Newzoo, and stands to reach $1.1 billion in 2019 based on the company’s projections. With a growth rate of 22.3 percent year over year, Newzoo predicted that…

Activision Blizzard to Cut 8% of its Workforce

Activision Blizzard announced in its Q4 2018 earnings call today that it will be cutting its global workforce by 8%. Based on a 2018 estimate of a staff of roughly 9,600 employees worldwide that will mean a layoff of more than 750 employees. Blizzard Entertainment president J. Allen Brack issued a statement confirming that the company will “be reducing the number of non-development positions in North America and anticipate a…

KiNG eSports clinch FIFA eClub World Cup crown

KiNG eSports triumphed in a fantastic finale to the FIFA eClub World Cup 2019 in London to leave victorious as only the second side to be named the top team on the planet. The first eSports organisation to take the title, following Brondby’s pair of triumphs in the first two editions of the tournament, the much-fancied duo of 2018 Grand Finalist ‘nicolas99FC’ and two-time FUT Champions Cup winner ‘Tekkz’ did…

SIS to launch new live esports betting product at ICE London

There’s another supplier that’s taken the lunge into esports betting now as Sports Information Services (“SIS”) has revealed that it will use ICE London to reveal its new esports betting product, “SIS Competitive Gaming”. “SIS Competitive Gaming” will broadcast live head-to-head competitions between ‘skilled gamers’, with the product specifically created for sportsbooks. The supplier has revealed there is a schedule of 15,000 live events per year that has been specifically…

Cricket: India overcome tough conditions to seal 4-1 win against NZ

Wanting to test their batting on a moist Wellington surface, what India found out was not all pretty, but immensely satisfying as they recovered from 18 for 4 to reach 252 and win the final ODI of the series by 35 runs. Under pressure, Ambati Rayudu led the revival with a 90 that featured sparkling stroke-play after an early struggle. Two allrounders played their part with 45s, Vijay Shankar off…

CSGO: Astralis invited to Blast Pro Series Sao Paulo

Astralis have been announced as the 2nd team to be invited for the Blast Pro Series, to take place from March 22-23. The Blast Pro Series is an invite-only tournament consisting of 6 top tier teams fighting for the majority of the $250,000 prize pool. The Sao Paolo edition is the first of 8 this year, with cities like Madrid and Miami being considered as well. Local favorites MIBR were…

CSGO: Smooya steps down from BIG, to be replaced by Nex

BIG have announced that Owen “smooya” Butterfield will be replaced on the active roster by Johannes “nex” Maget, who is set to return to the active roster after a month. In a statement, BIG’s Head of CS, Nikola “LEGIJA” Ninić, explained that the difference in plays style was the reason for his departure. Nex, who has been out of the active roster since December owing to a wrist injury that…