MCV/DEVELOP News, events, research and jobs from the games industry
League of Legends developer Riot Games has sold the entirety of its remaining shares to Tencent. “Riot’s approach to compensation has always been about aligning the incentives of the company with Rioters, and also about ensuring that we compensate our talented team of professionals well,” the company said. “As a …
Read More »ESL announces next $250,000 Dota event to be held in Philippines
ESL have declared that their next stop on the worldwide Dota 2 tour will be in the underserved region of South East Asia at Manila’s Mall of Asia Arena in the Phillippines. ESL One, to arrive in the country April 23-24, will bring with it a $250,000 prize pool and …
Read More »SK Gaming go mobile with Vainglory team acquisition
One of Europe’s oldest multi-discipline eSports organisations is moving into mobile by picking up a top Vainglory organisation. R3D Gaming has won almost every single tournament they have competed in since the launch of the tablet-based MOBA last November. The franchise consists of three teams of three players, all of …
Read More »New Disney XD show to feature Mario Kart 8
US digital and satellite cable network Disney XD will air an hour-long special featuring Mario Kart 8 competitions next week, Nintendo has revealed. Dubbed Clash of the Karts: Mario Kart 8, the show is scheduled for December 5th at 8pm in both US Eastern and Pacific time zones. Clash of …
Read More »Nasty players won’t be able to get new League of Legends loot
Toxic League of Legends players will be locked out of new content for the MOBA thanks to a new update. Included as part of Riot Games’ 2016 additions to the title – said to be the biggest in six years – the new loot system provides players with chests and …
Read More »Unikrn creates ‘Team Unikrn’, an all-female CS:GO team
Unikrn have today announced their first foray into team ownership with an all-female competitive Counter-Strike: Global Offensive team. The team, comprised of five European women from the UK, France, Greece and Germany, was formed in conjunction with Luxbet, a division of Unikrn’s global partner and wagering service Tabcorp. The formation …
Read More »Fnatic begins crowdfunding new line of team-branded hardware
Fnatic, one of Europe’s largest multi-game eSports organisations, is turning to Indiegogo to crowdfund a new line of team-branded peripherals. The Swedish team, which has top-flight teams in CS:GO, League of Legends and Dota 2, previously had a line of headphones, mice and mouse mats under the SteelSeries line of …
Read More »NBA team owners buy into League of Legends eSports, form NRG
An investment group led by Sacramento Kings co-owners Andy Miller and Mark Mastrov has bought a spot in this year’s League Championships Series (LCS). The team to fill the spot, NRG eSports, is currently being filled with talent including former SKT World Champion Jung “Impact” Eon-yeong and Lee “GBM” Chang-seok. …
Read More »MTG acquires DreamHack, adding to controlling share of ESL
Modern Times Group has completed the acquisition of Swedish eSports and events organiser DreamHack four months after buying a 74% share in ESL’s parent company. The seeming monopoly on European eSports organisers has been sealed today after rumours of the DreamHack sale circulated last week. Final figures for the sale …
Read More »Gfinity sells further shares after first annual financials show
Gfinity held an accelerated sale of £1m in shares this week after the eSports company’s first public financial report detailed losses of £3.6m up to June 30. The report revealed that profits were up on the same period last year by 163%, from £213,450 to £560, 828, however losses had …
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