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VP.Prodigy withdraws from Epic League to compete in the DPC

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Despite going through a slump throughout a decent portion of 2020, Dota 2‘s competitive scene is back with all the excitement that the fans have been looking for. It seems like there may be too many matches to play with so little time, however, since VP.Prodigy announced its withdrawal from Epic League, earlier today.

VP.Prodigy was scheduled to play against Prosti Esli in Epic League season three, division two’s second round of the upper bracket on March 18. The roster was also supposed to play in the DPC closed qualifiers of the CIS region, forcing the squad to decide between the two tournaments.

The squad chose to continue its journey in the DPC qualifiers. VP.Prodigy was handed a forfeit and knocked down to Epic League’s lower division, where it was scheduled to play EXTREMUM, an hour before the squad’s match versus V-Gaming in the DPC qualifiers.

VP.Prodigy isn’t the only team that chose to forfeit its spot in Epic League. Misery’s team, Hellbear Smashers, also withdrew from Epic League. While both tournaments could be considered as major events, it was somewhat surprising for Epic League to disregard DPC qualifiers when it came to scheduling. It isn’t a surprise for a team to prioritize DPC qualifiers since it’s the ultimate road to the International and the stable prize pool of the lower and upper Divisions also outweighs the Epic League’s $15,000 prize pool.

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Source: https://dotesports.com/dota-2/news/vp-prodigy-withdraws-from-epic-league-to-compete-in-the-dpc

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Enthusiast Gaming announces intention to list shares on NASDAQ

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North American esports organisation Enthusiast Gaming has announced its intention to list shares on the NASDAQ, as the company aims to expand its shareholder base and increase development.

As such, the organisation, which owns Luminosity Gaming, Overwatch League franchise Vancouver Titans, and Call Of Duty League side Seattle Surge, has filed a Registration Statement on Form 40-F with the United States Securities and Exchange Commission (SEC).

Credit: Enthusiast Gaming

RELATED: Brazilian company Final Level raises £1.14m

Form 40-F being declared effective by the SEC is a requirement for the organisation to list common shares on the NASDAQ. Enthusiast Gaming is already on the Toronto Stock Exchange, as well as the OTCQB, which is an American mid-tier equity market.

“While we are very much a global company, the US remains our most prominent source of audience and revenue. Naturally, a US registration is a significant milestone for the company,” commented Adrian Montgomery, CEO of Enthusiast Gaming.

“We are the largest gaming media platform in North America and believe a NASDAQ listing will allow us to enlarge our shareholder base and accelerate our growth strategy, including our M&A [merger and acquisition] roadmap. This registration statement is a final step towards a NASDAQ listing.”

RELATED: Luckbox raises $17.8 million in private placement round

Enthusiast Gaming has a significant operational presence in the US and Canada, through the ownership of esports franchises and other entities. Last month, it was revealed that the organisation was set to acquire news and strategy guide platform Icy Veins for €7m (~£5.99m). As of this writing, confirmation of the purchase has yet to be announced.

Esports Insider says: For big entities such as Enthusiast Gaming, having a way to increase its revenue and incoming investment opportunities is a good thing. Having strong organisations like Luminosity Gaming, Vancouver Titans and Seattle Surge in the company’s portfolio will also certainly help motivate investors to buy company shares.

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Source: https://esportsinsider.com/2021/04/enthusiast-gaming-announces-intention-to-list-shares-on-nasdaq/?utm_source=rss&utm_medium=rss&utm_campaign=enthusiast-gaming-announces-intention-to-list-shares-on-nasdaq

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Fuse Ignite Debuts as Commercial Rights Consultancy For Esports, Sports, Entertainment

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Fuse unveiled a new commercial rights consultancy agency designed to enhance and expand the commercial capabilities of rights holders in the areas of sport, entertainment, esports, and lifestyle called Fuse Ignite. Part of the Omnicom Media Group, Fuse Ignite will engage with rights holders to help them navigate the “commercial cycle” of bringing IP to sale or license. 

Fuse Ignite will lean on its own in-house team along with specialist consultants from Omnicom Media Group to create what the company is calling a “one stop shop” suite of solutions. The company looks to transform sales propositions into more compelling investment opportunities for brand partners while boosting revenue streams through sponsorship, digital, and ecommerce.

While the official launch of Fuse Ignite was just announced, the company is already working with a number of rights holder clients, including Arsenal FC, England Netball, and the British Fashion Council.

The company recently helped Formula 1 enhance its approach to partner acquisition.

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Source: https://esportsobserver.com/fuse-ignite-consultancy-service/?utm_source=rss&utm_medium=rss&utm_campaign=fuse-ignite-consultancy-service

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Logitech G named hardware provider for Twitch Rivals North America

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Gaming peripherals firm Logitech G has been named as the official hardware provider for tournament series Twitch Rivals North America.

The deal will see Logitech G’s range of peripherals be promoted during Twitch Rivals tournaments. Moreover, a number of activations including giveaways for viewers and donations to charity will take place throughout the event, which began on April 13th with a League of Legends: Wild Rift tournament.

Twitch Rivals North America x Logitech
Credit: Logitech

RELATED: Doritos teams up with Twitch Rivals Europe

Logitech G is the third partner announced for 2021’s Twitch Rivals North America events, joining the likes of global electronics manufacturer Samsung and coffee and doughnut company Dunkin‘.

Peter Kingsley, Chief Marketing Officer at Logitech G, spoke on the collaboration in a release: “Our full line up of gaming and streaming gear helps gamers win, with unmatched performance and stability to deliver an amazing gaming experience.

“By layering in an exciting partnership with Twitch Rivals, we are well-poised to showcase Logitech’s powerful gaming and streaming product portfolio.”

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RELATED: CLG Red names Logitech G as peripherals partner

Lou Garate, Head of Global Sponsorship Sales at Twitch, also spoke on the partnership:  “We are thrilled to partner with Logitech G to bring the best of its peripherals expertise to Twitch Rivals North America events. Community and interactivity are at the heart of the Twitch experience.

“Logitech G’s products and services enable in-stream creativity that make them a great fit to join our family of Twitch Rivals partners.”

Esports Insider says: Considering Twitch is arguably the largest streaming platform in the world, it’s no surprise to see it secure a partnership with Logitech G, one of the most recognisable brands in gaming and esports. The deal itself is nothing out of the ordinary but it is another impressive addition to Twitch’s roster of partners.

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Source: https://esportsinsider.com/2021/04/logitech-g-named-hardware-provider-for-twitch-rivals-north-america/?utm_source=rss&utm_medium=rss&utm_campaign=logitech-g-named-hardware-provider-for-twitch-rivals-north-america

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Edward Gaming Partners With Electronic Automobile Maker HYCAN

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Edward Gaming (EDG) announced that it has signed a partnership deal with Chinese electronic automobile brand HYCAN. The announcement was made by Edward Zhu, founder of Chinese esports organization, on his Weibo social media page. HYCAN will act as EDG’s official designated partner, according to  Zhu’s post. Financial terms of the deal were not disclosed.

In addition, Zhu promised that if EDG could win the League of Legends Spring Split and go on to attend the Mid-Season Invitational (MSI) in Iceland, he would gift an HYCAN  vehicle to an EDG fan. EDG has been 2:3 eliminated by Royal Never Give-Up in LPL Lower Bracket Final on Tuesday.

Founded in 2018, HYCAN is a joint brand of Guangzhou Automobile Group and China’s biggest electronic car company Nio and focuses on the low-end class in the automobile market. In 2020, Nio officially listed on New York Stock Exchange (NYSE: NIO). Currently, the company has a $63.95B USD market cap at the time of writing. 

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Source: https://esportsobserver.com/edward-gaming-partners-hycan/?utm_source=rss&utm_medium=rss&utm_campaign=edward-gaming-partners-hycan

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