Gaming and esports company GameSquare Holdings (NASDAQ:GAME) announced fiscal year 2024 results for the 12-month period that ended on Dec. 31, 2024, showing positive growth in revenue, gross profits, and significantly lowered operating expenses. While the company posted a loss in FY 2024, it was significantly smaller than in FY 2023, showing that–through a combination of cost cutting measures, a divestment of FaZe Media (while retaining ownership of the FaZe brand for operating esports teams), and revenue from its various...

International tournament organizer BLAST announced that it has partnered with sports fantasy company Underdog for several BLAST Premier Counter-Strike 2 competitions in 2025. Financial terms were not disclosed. Under the terms of this new deal,  Underdog has been named the "daily fantasy sports partner" for BLAST Premier Lisbon Open (BLAST Premier Open S1), BLAST Premier Monterrey Rivals  (Rivals S1), and the BLAST.tv Austin Major (Austin Major). Underdog will be featured on BLAST.tv’s fantasy web mini-game for the BLAST.tv Austin Major,...

The Esports World Cup Foundation announced the schedule of competitions during its seven-week, multi-title esports competition, the Esports World Cup. The weekly events will be played across four arenas, according to the announcement. During week one, Valorant, FATAL FURY: City of the Wolves, Rennsport, and Apex Legends will be featured. Week two will see League of Legends, FreeFire, Dota 2, and the Mobile Legends: Bang Bang Women’s Invitational take place. Week three will feature StarCraft 2, Call of Duty: Black...

Publicly traded esports and gaming company GameSquare Holdings (NASDAQ: GAME) announced that it has signed a strategic partnership with GGTech Entertainment. Financial terms of the deal were not disclosed. Through this new partnership, GGTech—a company focused on creating international esports, gaming, and education-focused events—will license its GAMERGY festival and University Esports brands to GameSquare for the U.S. market. "We are excited to join forces with GGTech," stated Justin Kenna, CEO of GameSquare. "This partnership aligns with our long-term strategy of...

Germany-based, AI-powered sponsorship analytics firm Shikenso Analytics formally announced that Benedikt Becker has been promoted to the role of vice president of marketing. According to his LinkedIn profile, he has been in the role since January. Becker joined the firm in October 2022 as marketing director, where he helped the company grow its brand as one of the top platforms for esports companies—tournament organizers, game makers, and esports organizations—to evaluate the performance of sponsorships and partnerships Shikenso said in its...

International tournament organizer BLAST revealed the 20 duos that will compete at upcoming Fortnite Championship Series Pro-Am. The Fortnite Championship Series Pro-Am hosted by BLAST will feature top professional Fortnite players and popular content creators paired together for a live event on May 10 at USCs Galen Center in Los Angeles. A total of 40 players, paired into 20 duos, will compete in Fortnite Reload for a share of the $500,000 USD prize pool, and the FNCS Pro-Am trophy. The...

Miami-based esports and gaming company Misfits Gaming Group announced Tuesday that its Call of Duty League team, Miami Heretics, has partnered with ergonomic seating solutions brand Anthros. Financial terms of this new deal were not disclosed. In addition to promoting the brand across its social media channels, on jerseys, in created content, and during official competitions, Anthros gaming chairs will be used during the upcoming Call of Duty League Major 3. CDL Major 3 is being hosted by Miami Heretics...

Switzerland-based gaming audio solutions company SONIX announced Tuesday that it has secured an additional CHF 1.8 million—or $2.2 million USD—in a new funding round from a group of undisclosed "business angels, entrepreneurs, and family offices." To date, the company has raised roughly CHF 6 million—or $7.3 million (based on the currency exchange rate of roughly CHF 1 = $1.22 USD for April 15, 2025). The company also announced a crowdfunding investment campaign to allow customers an opportunity to invest in...

Savvy Games Group has signed a Memorandum of Understanding (MoU) with the Saudi Esports Federation, which will see both organizations work together to foster growth in the local esports scene. Financial terms—if any exist between the two organizations because they are both connected to the Saudi Arabian government—were not disclosed. Through this deal, Savvy Games Group and its subsidiaries will grow the Saudi Arabian esports ecosystem, develop training and awareness programs, explore employment opportunities within the gaming and esports sector,...

Warner Music Group (WMG) has hired former Activision Blizzard executive Armin Zerza to take on the role of EVP and chief financial officer. In his new role—which he officially takes on May 5—Zerza will help the music brand evolve its long-term growth strategy, reporting directly to CEO Robert Kyncl. Zerza will replace Bryan Castellani, who will leave the role but take on an advisory position on May 5. "I am thrilled to join WMG, a dynamic and innovative leader in...