Every week, ESI Digest breaks down the weekly happenings within the esports business, making sense of issues so that you don’t need to. In addition to being housed on YouTube, ESI Digest is out there on all major podcast platforms and can be out there in written kind under.
On this week’s ESI Digest we cowl, the 2021 League of Legends World Championships being relocated to Europe, Virtus.pro, Astralis and Alliance partnering with cryptocurrency platform Bybit, ESIC issuing a 2-year ban to former HEROIC coach Nicolai ‘HUNDEN’ Petersen, Wild Rift’s Origin Sequence Championship being held in Stockholm, plus Kambi Group’s acquisition of esports information agency Abios for as much as £22m.
Riot Games has introduced that the 2021 League of Legends World Championships has been formally relocated from China to Europe.
Particulars surrounding the occasion, resembling a precise location of the place in Europe the event will happen, haven’t been revealed. Riot Video games’s international occasion was initially scheduled to be a multi-city occasion, with matches happening in Shanghai, Qingdao, Wuhan, Chengdu and Shenzhen.
Cryptocurrency platform Bybit has secured partnerships with Astralis, Alliance, and Virtus.Professional.
Because of the partnership, all three groups will take part in Bybit’s crypto buying and selling event WSOT 2021.
The Esports Integrity Fee (ESIC) has issued a two-year ban to Danish CS:GO coach Nicolai ‘HUNDEN’ Petersen.
The ban was a results of allegations made when he was at his former group, HEROIC. The allegations state that Petersen shared details about the group’s technique with opponents through Google Drive simply earlier than the beginning of IEM Cologne 2021.
Riot Video games has revealed that the primary League of Legends: Wild Rift Origin Sequence Championship shall be held in Stockholm, Sweden with a €300,000 (~£257,000) prize pool.
The cell esports Championship will run from September twenty fourth to twenty sixth, pitting six groups within the intercontinental Origin Sequence towards each other for a lion’s share of the prize pool.
Sports activities betting service supplier Kambi Group has introduced the acquisition of esports information and expertise firm Abios for SEK150m (~£12.57m) in money.
As well as, as much as SEK120m (~£10.05m) shall be paid in earnouts associated to product growth and Abios’s ‘future revenge performances’. Consequently, the acquisition may finally complete SEK270m (~£22.63m).
ESI Digest is a part of the ESI Podcast Community, a set of podcasts encompassing the esports business. For deep dives into the key areas of esports with subject material specialists, take a look at ESI Focus. For conversations with key personnel and main stakeholders in esports, ESI Insight is the sequence for you.