Financial
Worlds 2024 to deliver £12m boost to London’s economy as Deputy Mayor says ‘we want London to be the world capital of esports’
Worlds 2024 news and Road to London content powered by AGON by AOC London will host the League […]
November 1, 2024EFG announces $22m+ financial contribution for CS ESL Pro Tour in 2025 and 2026, plus changes to structure
ESL Faceit Group (EFG) has this morning unveiled details regarding the latest installment of its Counter-Strike 2 (CS2) […]
October 18, 2024Guild Esports consider selling assets or being acquired, announces partnership with Regen eyewear
Guild Esports board is ‘reviewing the strategic direction of the company’ and is considering selling assets or being […]
August 1, 2024Guild make shift in esports strategy, seek additional funding and new CS team after making another loss in latest financial results
UK-based organisation Guild Esports have made several updates as part of their financial results for the six months […]
June 29, 2024Fnatic, Guild, Tundra and more named as Esports World Cup orgs in Club Support Program
The Esports World Cup Foundation (EWCF) has announced that 30 Esports World Cup orgs have been accepted into […]
May 7, 2024Guild Esports make new hires for 2024
London-based esports organisation Guild Esports have announced a couple of senior appointments for 2024. Guild strengthen partnership sales […]
January 15, 2024LEC salary cap implemented as Riot officially announces new financial regulations, fees to support tier 2 LoL esports
An LEC salary cap has today been announced as Riot Games looks to ‘support the long-term financial stability […]
September 28, 2023Gfinity reports reduced operating loss in 2022 final year results
London-based esports and gaming business Gfinity made an operating loss of £2m for its financial year ending June […]
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December 24, 2022Semper Fortis exits several esports titles after first annual report reveals £1.2m loss and lack of sponsors
UK-based esports organisation Semper Fortis has stepped back from FIFA, Hearthstone and more after posting a £1.22m loss […]
August 1, 2022Guild Esports announce job cuts and £5m loss in latest financial update as staff move into new London office
Guild Esports, the UK-based esports organisation backed by David Beckham, have announced they made a £4.96m loss before […]
June 30, 2022Gfinity announces ‘significant reduction’ in year-on-year operating loss in latest financial results
London-based esports business Gfinity has posted a ‘significant reduction’ in adjusted operating loss during its past financial year. […]
November 16, 2021Microsoft Excel… esports? UK to take part in ‘Financial Modeling World Cup’
There’s been an ongoing joke over the years that UK esports organisation Excel Esports shares its name with […]
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June 6, 2021Gfinity achieves first month-on-month operating profit since 2014, sells its stake in Esports Awards for £500,000
London-based esports tournament operator and media business Gfinity was profitable in October and November – the first time […]
December 19, 2020Gfinity puts itself up for sale as part of strategic review
UK-based esports tournament and services provider Gfinity is open to receiving offers to buy the company. The news […]
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October 11, 2020Gfinity plans to relaunch Elite Series with a new format
Image credit: Joe Brady Esports solutions provider Gfinity has spoken about its plans for its Elite Series tournaments, […]
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October 21, 2019