Asia
China Media Group, Esports World Cup and VSPO Sign Strategic Cooperation Agreement on National Institute for Esports Development

China Media Group, Esports World Cup Foundation and VSPO have signed a strategic cooperation agreement on Friday as the new China Media Group National Institute for Esports Development kicked off in Beijing.
China Media Group (CMG), which operates state television networks including CCTV, formally unveiled the new CMG National Institute for Esports Development on Friday. The Institute then signed a strategic cooperation agreement with the Esports World Cup Federation and VSPO during the establishment ceremony, vowing to jointly organise and participate in future esports events.
The establishment ceremony was attended by Shen Haixiong, vice minister of the Publicity Department of the Communist Party of China (CPC) Central Committee and president of CMG, Sun Shuo, CPC Secretary of Xicheng District and Xue Jijun, head of the institute, among other government officials.
The three organisations have been long-time advocates for the healthy development of the esports industry. VSPO already works with the Esports World Cup Foundation in organising the inaugural Esports World Cup, an eight-week mega event currently underway in Riyadh with a record-breaking prize pool of more than $60 million.
“It’s a huge honor to be a strategic partner with the Chinese Media Group and the Esports World Cup Foundation with the establishment of the CMG National Institute for Esports Development, which marks another key sign of Beijing’s support for esports development,” Chairman of VSPO, Asia’s biggest esports operator, Dino Ying said.
-
Asia2 days ago
PAGCOR CHAIRMAN, ENTIRE BOARD TENDER COURTESY RESIGNATION
-
Asia5 days ago
12BET Brings the Aviator Craze to Players with Spribe’s Trending Games
-
Compliance Updates5 days ago
Dutch Gaming Authority Intensifies Supervision of Advertising Rules for Sports Sponsorship
-
Asia5 days ago
PAGCOR CHIEF VOWS CONTINUED SUPPORT FOR MILITARY INFRA PROJECTS
-
Asia4 days ago
Amusnet Reinforces Strategic Presence in Asia at SiGMA Asia 2025
-
Compliance Updates5 days ago
Fennica Gaming Secures B2B License in Greece
-
Latest News5 days ago
Bets & Bytes: How AI, Blockchain, and New Regulations Are Shaping Europe’s Online Casinos
-
Gambling in the USA4 days ago
Gaming Americas Weekly Roundup – May 19-25