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<div>Sources: Infinite Esports & Entertainment purchase is imminent</div> 1
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Sources: Infinite Esports & Entertainment purchase is imminent

Infinite Esports & Entertainment‘s purchase is close to being a done deal with a meeting next Monday revealing the outcome, sources have told Esports Insider. Immortals Gaming Club – the parent company of Immortals, MIBR, Los Angeles Valiant, and Gamers Club – is the front runner to acquire the majority share in the parent company […]

The growth of the FGC – Watering the grassroots 2
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The growth of the FGC – Watering the grassroots

How does the growth of the FGC compare with other esports and how has it improved?  Esports has come a long way in the past few years. We’ve seen a boom in sponsorship and revenue towards games such as Dota 2 and League of Legends; which makes for huge improvements on production quality, player care […]

<div>Sources: Immortals close to purchasing Infinite Esports & Entertainment</div> 6
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Sources: Immortals close to purchasing Infinite Esports & Entertainment

Immortals Gaming Club – the parent company of Immortals, MIBR, Los Angeles Valiant, and Gamers Club – is “very likely” to be successful in the purchase of Infinite Esports & Entertainment, according to sources close to the deal. The company’s interest in acquiring Infinite Esports & Entertainment – which houses OpTic Gaming, OpTic LoL, and […]

<div>Immortals reportedly planning to bid for Infinite Esports & Entertainment</div> 7
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Immortals reportedly planning to bid for Infinite Esports & Entertainment

Immortals Gaming Club is gearing up to bid for Infinite Esports & Entertainment – the parent company of OpTic Gaming and Houston Outlaws – according to a report from ESPN. The company went up for majority sale in January of this year, looking for at least $150 million (£117 million) at the time. Photo credit: LoL Esports […]

Immortals LLC rebrands following $30M Series B fundraising 8
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Immortals LLC rebrands following $30M Series B fundraising

Immortals LLC – the parent company of Immortals, Made in Brazil (MIBR), and Los Angeles Valiant – has closed a Series B funding round worth $30 million (£22.9 million). Additionally, it has rebranded to Immortals Gaming Club (IGC) and acquired Brazilian competitive gaming platform Gamers Club. Logo credit: Immortals Gaming Club Investors in the funding round […]

OverActive Media adds David Grutman as lastest investor 9
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OverActive Media adds David Grutman as lastest investor

OverActive Media announced today that hospitality entrepreneur, David Grutman has become an investor in the esports organisation. Photo credit: Kristin Bjornsen Grutman formed Groot Hospitality in 2018 to host several of his hospitality ventures. Groot Hospitality’s portfolio currently includes LIV, Story, Komodo, OTL, Planta South Beach as well as Swan and Bar Bevy.  Speaking on his investment, Grutman said: […]

NHL legend Mike Modano invests in Tiidal Gaming 11
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NHL legend Mike Modano invests in Tiidal Gaming

Tiidal Gaming Group, the parent company of Lazarus, have announced NHL Hall of Famer Mike Modano as an investor and newly appointed brand ambassador. Modano is recognised as one of the most decorated American player in NHL history, winning 1999 Stanley Cup with the Dallas Stars and being selected in eight NHL All-Star Games. He […]

Douyu files for $500m IPO on New York Stock Exchange 13
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Douyu files for $500m IPO on New York Stock Exchange

Chinese live streaming platform Douyu International Holdings Limited have officially filed an initial public offering on the U.S. stock market. According to the prospectus filed with US Securities and Exchange Commission, Douyu plans to raise $500 million (£386m) and applied to list on the New York Stock Exchange (NYSE) under the stock symbol “DOYU”. Morgan […]

Daniel Mitre – New Wave – The first publically traded esports investment company? 15
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Daniel Mitre – New Wave – The first publically traded esports investment company?

According to Goldman Sachs’ esports investment 2018 report, we saw $1.4 billion ($1.07bn) invested into the industry last year – a 90% year-on-year increase. In fact, since 2013, there has been over $3.3bn of venture capital investment within esports-related startups. One of those investing in the esports landscapes has been New Wave Holdings Corp. Founded […]

Will Smith invests as Gen.G announce $46m funding round 18
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Will Smith invests as Gen.G announce $46m funding round

Global esports organisation Gen.G has today announced a $46 million (£35 million) round of funding which sees investments from actor Will Smith’s and Japanese soccer player Keisuke Honda’s Dreamers Fund. Will Smith and Keisuke Honda are just two those who invested Photo: Robert Paul for Blizzard Entertainment The round also includes investment from Los Angeles […]