2018 may be on its way out, but the esports industry hasn’t slowed down just yet. This week in esports has seen Mineski pledge a lot of money to grow Indonesian esports, Lil Yachty has joined FaZe Clan, esports veterans have joined forces to start a company, and Allied Esports is merging with the World Poker Tour.
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Mineski to invest $2 million in Indonesia as it aims to bring Indonesian esports “to the next level”
Mineski is planning to invest $2 million (£1,581,840) into the Indonesian esports scene throughout 2019.
The company is planning to create significant growth through three business units: Mineski Infinity (over 150 cybercafe’s in Southeast Asia), MET (a major Asian esports organiser), and the Mineski professional team.
Read the full article here.
Lil Yachty officially joins the ranks of FaZe Clan
Miles Marks McCollum, better known as rapper Lil Yachty, has officially joined the ranks of FaZe Clan.
Officially named FaZe Boat, the recording artist has been affiliated with the North American esports organisation and entertainment giant for a number of months. The announcement was made live at the Rolling Loud music festival in Los Angeles.
Read the full article here.
Esports veterans join forces for tech and services company Popdog
Popdog, a new technology and services company aimed at optimising esports and gaming livestreaming, has been formed by a number of esports veterans.
Receiving a $9 million (£7.1 million) investment following a Series A funding round, the folks behind Popdog include Alexander Garfield of Evil Geniuses and Alliance fame, former Counter-Strike world champion Andreas Thorstensson, serial entrepreneur Niles Heron, and former COO of Evil Geniuses and Alliance, Colin DeShong.
Read the full article here.
Black Ridge to acquire Allied Esports and merge with WPT
Black Ridge Acquisition Corp. has entered an agreement to acquire two of Ourgame International’s properties: Allied Esports and World Poker Tour.
Planning to combine the companies, Allied Esports Entertainment will apply World Poker Tour’s business structure to Allied Esports’ esports venue services.
Read the full article here.