eSports
Finest Acquires Monaco Esports for $10M
Israeli esports organisation Finest has announced the acquisition of Monaco Esports Fédération-owned team Monaco Esports for $10m.
As part of the merger, Monaco Esports operations and branding will cease to exist and will be absorbed into Finest. This won’t include the club’s upcoming Sim Racing event, which will carry on with Monaco Esports branding.
“I am really glad to welcome the Finest group in Monaco, their experience and knowledge of the esports world will help the principality of Monaco and the federation to improve and put Monaco in the front of the scene of esports,” Louis Ducruet, President of Monaco Esports Federation, said.
“It is a new era of esports we will witness in Monaco. For years we have been working to build the foundation of what would become a highly global structure. Monaco Esports merging with Finest gives that worldwide reach we’ve been expecting. We are now looking forward to the extraordinary results we are going to achieve within this new family,” Boris Fedoroff, President and Founder of Monaco Esports, said.
-
Africa6 days ago
Altenar obtains National Manufacturer licence in South Africa
-
Industry News3 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Asia7 days ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024
-
Latest News3 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Australia4 days ago
AUSTRAC Takes Ladbrokes and Neds’ Operator – Entain – to Federal Court Over Serious Non-compliance with Australia’s Money Laundering Laws
-
eSports5 days ago
GRID Joins IBIA as an Associate Member, Strengthening Esports Integrity
-
Australia7 days ago
Regulating the Game 2025 adds masterclass on safer gambling training and customer care
-
Interviews5 days ago
FTDx Wins Xanada Startup Contest: Unlocking Untapped iGaming Traffic with Innovative Monetization Solutions