The Esports Advocate – Esports Business News & Analysis
6 days ago · Esports Marketing Firm Hotdrop Enters Liquidation, Releases Staff. October 29, 2024. London-based esports and gaming-focused marketing firm Hotdrop Ltd. has entered liquidation and released its entire staff this week, The Esports Advocate has learned. The news broke on Tuesday as employees began posting on social...
Freaks 4U Gaming Secures Rights to Operate Prime League From …
3 hours ago · Berlin-based esports and gaming firm Freaks 4U Gaming announced this week that Riot Games has renewed its operator license for the League of Legends Esports Prime League, giving the company the authority to operate the DACH regional league (Germany, Switzerland, and Austria) from 2025 – 2027.. Financial terms of this deal were not disclosed. The company also announced that German health ...
Teams in League of Legends Championship of The Americas …
Oct 31, 2024 · Riot Games announced the officially partnered teams and the format for the 2025 season of League of Legends esports in North and South America under the newly formed League of Legends Championship of The Americas (LTA).As previously announced by Riot, LTA combines League of Legends Championship Series (LCS), Liga Latinoamérica (LLA), and Campeonato Brasileiro de League of Legends (CBLoL ...
The Esports Awards Reveals 2024 Nominees, Part II
Sep 24, 2024 · The Esports Awards announced that it will host a second broadcast in November to deliver the remainder of its awards categories for 2024. The first awards were given out at a lavish event at the Esports World Cup in Riyadh, Saudi Arabia, at the end of August. Those first awards in Saudi Arabia were the beginning of a three year deal between the Esports World Cup Foundation and the Esports ...
Major Changes Planned for League of Legends Esports in 2025
Jun 11, 2024 · Riot Games announced plans on Monday for a major overhaul to the global ecosystem for League of Legends Esports in 2025.. That overhaul—which a Riot rep. told The Esports Advocate in a media briefing on Thursday–is somewhat informed and inspired by what it has learned from the Valorant esports ecosystem—includes an all-new event at the beginning of the season, a consolidation of the top ...
New Major Event Added to 2025 LoL Esports Calendar
Jun 11, 2024 · The new unnamed event will take place in March 2025, and will feature five slots—one per region. Teams from each region will slug it out in Split 1 in January to determine who gets to compete on the global stage. In a media briefing with The Esports Advocate, a Riot representative said that the new event will use “Fearless Mode” in Bo3 or ...
Worlds 2024 Grand Finals Hits Major Viewership Milestone
3 days ago · The most popular esports match in history occurred this weekend between Chinese esports organization Bilibili Gaming (BLG) and South Korean organization T1 during the Worlds 2024 Grand Finals in London at the O2 Arena, according to viewership data collected by Esports Charts.. That moment occurred in the final of the best-of-five series of matches between the two finalists, reaching around 6 ...
The Future of Esports at Riot Games: A New Approach to Business
Apr 19, 2023 · Esports holds long-term financial viability at League of Legends and Valorant developer Riot Games, according to John Needham, President of Esports at Riot. In a blog post published Wednesday, Needham outlined the developer’s esports assets roadmap. While his full blog post, “Building the Future of Sport at Riot Games: Economics,” can be found on Riot’s blog, The Esports Advocate ...
Riot Reveals League of Legends Esports Global Power Rankings
Sep 19, 2024 · This “model” will be updated on a daily basis, Riot says, during Worlds 2024. The Global Power Rankings uses what Riot describes as a “blended Elo metric,” using a weighted average between a team’s Elo and their league’s Elo—Elo and league Elo are weighted at 80% and 20%, respectively. Key features, according to Riot’s announcement:
Riot Expands League of Legends Esports Revenue Sharing
Mar 14, 2024 · Teams competing in LCS, LEC, LCK, and LPL can expect to generate more revenue from in-game items, Riot announced Thursday. Riot Games made a major announcement on Thursday related to powerful changes in revenue sharing for professional tier-1 teams participating in global League of Legends Esports. …