eSports
stc Group Announced as Elite Partner of First Esports World Cup to Create Unparalleled Gaming Experience
![stc Group Announced as Elite Partner of First Esports World Cup to Create Unparalleled Gaming Experience](https://europeangaming.eu/portal/wp-content/uploads/2024/06/stc-Group-Announced-as-Elite-Partner-of-First-Esports-World-Cup.jpg)
The Esports World Cup Foundation (EWCF) today announced that stc Group, an engine of digital transformation, has been named as the Elite and Founding Partner of the inaugural Esports World Cup (EWC), being hosted at the world-class venue, Riyadh Boulevard City, between 3 July and 25 August. The partnership was announced at an official signing ceremony attended by Faisal Alsaber, Group Chief Commercial Officer and Ralf Reichert, CEO of Esports World Cup Foundation.
Through this partnership, stc Group will provide seamless connectivity across all EWC venues, creating an unparalleled competitive gaming experience. With a remarkable track record of innovation and integration of advanced technologies in gaming across the region, stc Group will elevate both professional and enthusiast gaming esports competitions to new heights.
stc Group is also the naming partner for three key venues at the event, which will showcase dynamic and immersive digital and gaming experiences: stc Arena, stc Play Gaming Hall, and stc TV World Cup Studios. These venues will highlight stc Group’s pivotal role in the festival, reaffirming its commitment to advancing the esports industry in the kingdom. The stc Arena and World Cup Studios will host esports matches, while the Gaming Hall will serve as a hub for participants to join community tournaments and other activations.
âIâm proud to welcome stc Group, a telecommunications giant and digital pioneer, as an Elite and Founding Partner of the Esports World Cup,â said Ralf Reichert, CEO of Esports World Cup Foundation. âstc Group is the digital backbone of our competitions and will bring the EWC content to local and global audiences. Through their festival activation, stc will enable fans visiting the EWC to stay connected with the special stc SIM Card. As one of the largest companies in the MENA region, their support means weâre not only going to offer exceptional digital access for fans and athletes but can take the Esports World Cup to the next level.â
Olayan Alwetaid, stc Group CEO, said: “Our partnership with the Esports World Cup is a testament to our vision for the future of gaming. We are thrilled to be deploying our seamless world-class connectivity, enabling the kingdom to become the premier global hub for gaming. stc Group is committed to bringing this event to life with innovative technological solutions, as well as showcasing the vast scale and scope of its services.â
During the EWC, stc play, the leading gaming platform for amateur and professional gamers, will feature engaging activities, including an ongoing prediction segment for all tournaments. Furthermore, with the stc play app, the participants can register for community tournaments taking place in the stc play Gaming Hall, one of the festivalâs major venues.
stc tv, an industry-leading streaming service, will play a pivotal role in streaming all EWC tournaments on its platform, ensuring viewers can watch the action unfold in real-time. This partnership highlights the commitment of both stc Group and the Esports World Cup to advancing the growth of the gaming industry in the Kingdom, contributing to Vision 2030 objectives of becoming a premier gaming hub.
Mark your calendars for July 3, 2024, when the Esports World Cup will turn Riyadh into the heart of esports and gaming culture with an eight-week extravaganza. The Festival will showcase gaming activities, community tournaments, pop culture festivities, international experiences, and more. Fans can partake in these thrilling events and witness top athletes and clubs vie in 20 Game Championships for a share of over $60 million in prize money â the largest prize pool in esports history.
eSports
Esports Charts has been nominated for the Esports Awards 2024
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Esports Charts is proud to announce that we have made it to the list of finalists for the Esports Awards 2024 in the âEsports Content & Coverage Platform of the Yearâ category, as revealed by the organizers. We are immensely pleased with the recognition in the industry, which resulted in our second consecutive nomination for the award.
âWe are thrilled to be nominated for the Esports Awards for the second year in a row. Being recognized in the Esports Content & Coverage Platform of the Year category, which celebrates resources that consistently produce valuable, high-quality, and impactful content, validates our continuous efforts to provide accurate and insightful viewership data. This nomination motivates us to keep pushing the boundaries in our field and continue making a significant impact on the wider esports and live streaming community.â
Artyom Odintsov, co-founder and CEO of Esports Charts
The award organizers have already announced the finalists in other categories as well. Among the contenders for “Streamer of the Year” are Nicholas âJynxziâ Stewart, Darren “IShowSpeed” Watkins Jr., and Marc “Caedrel” Lamont. The “Esports Content Group of the Year” nominees include G2 Esports and Karmine Corp, while “Mobile Esports Game of the Year” will see competition from Mobile Legends: Bang Bang, PUBG Mobile, and others. Interestingly, the announced categories did not include a Journalist of the Year nomination. It is presumed that the winner in this category may be announced during the second part of the awards, which will take place in London.
This year, voting for the finalists will continue until August 20. There also will be a ‘turbo voting period’ from August 13 to 20, when each vote will count as double.
The Esports Awards is a reputable industry event that honors the most prominent figures of the year in various categories, from content creators to standout new players. In 2024, the awards will be held in two stages. The first stage will take place during the Esports World Cup on August 24 in Riyadh, Saudi Arabia. The second stage will be held in London later in the year, with details about this event yet to be announced.
In 2023, Esports Charts was also among the nominees and won the award for Esports Coverage Platform of the Year. Read more about the results and audience metrics of the previous ceremony here.
eSports
NODWIN Gaming to increase its ownership in leading European esports company Freaks 4U Gaming to 100% through a share swap valued at INR 271 cr (Euro 30.3 million)
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/NODWIN-Gaming-to-increase-its-ownership-in-leading-European-esports-company-Freaks-4U-Gaming-to-100-through-a-share-swap-valued-at-INR-271-cr-Euro-30.3-million.png)
NODWIN Gaming Private Limited (A material subsidiary of Nazara Technologies Limited, BSE:NAZARA) announced today that its Singapore based subsidiary, NODWIN Gaming International Pte. Ltd, (NODWIN Pte) has signed definitive agreements to increase its existing 13.51% stake in Freaks 4U Gaming GmbH, a Berlin-based Global full-service gaming and esports agency to 100% in tranches through a share swap valued at upto INR 271 crore (Euro 30.3 million)
NODWIN Pte will initially increase its existing stake in Freaks 4U Gaming to 57% and the remaining 43% held by the founders Michael Haenisch, Matthias Remmert and Jens Enders will be swapped at a later time at its option. Existing investors of Freaks 4U Gaming (Co-Investor FRE and Game.Fin S.R.L) will become shareholders of NODWIN Pte
Freaks 4U Gaming offers a multitude of agency services and best-in-case solutions to brands and publishers and generated INR 223 crores (Eur 26.9 mn unaudited) in 2023.This acquisition will significantly enhance NODWIN Gaming’s capabilities, bringing in the expertise, experience and network of the Freaks 4U Gaming team and is expected to contribute materially to NODWINs revenues going forward.
Since the acquisition of a minority stake in Freaks 4U Gaming in January 2024, NODWIN has been working with the Freaks 4U Gaming management on integration of the two businesses and evaluating the synergies they present. The two teams have already worked on jointly delivering high-profile projects such as the PUBG Mobile Global Open and Esports World Cup (EWC) and have jointly explored new business vertical opportunities. Based on the outcomes of this exercise and early traction on potential synergies, NODWIN Gaming and Freaks 4U Gaming have decided to proceed with this transaction.
This move is set to bolster NODWIN Gamingâs access to developed markets, in addition to execution and planning capabilities in PC gaming and publishing support services. The integration of Freaks 4U Gamingâs capabilities, along with its presence in key developed markets, will serve as substantial revenue drivers. This strategic alignment will complement NODWIN Gaming’s strong execution capabilities in emerging markets, enabling the establishment of a global delivery model â a pioneering achievement in the esports sector. Co-Founder of NODWIN Gaming, Akshat Rathee, stated, “This acquisition is a pivotal step in our global growth strategy. By integrating Freaks 4U Gamingâs expertise and resources, we are poised to deliver unparalleled services and expand our global footprint in the gaming and esports industries. In Michael, we have a person who is highly regarded across the world for his wealth of experience and expertise in the sectors. We also welcome all existing shareholders of Freaks 4U Gaming as NODWIN Gamingâs shareholders.”
CEO of Freaks 4U Gaming, Michael Haenisch, expressed enthusiasm about the acquisition, stating, “We are thrilled to be joining forces with NODWIN Gaming to create a robust network and synergies unprecedented in our industry. Akshat is an incredible visionary and leader, our partnership has been quite the ride so far and we know the best has yet to come. With our shared vision and ambition, we look forward to driving our global expansion while spearheading innovation and growth for gaming and esports.â
eSports
Abios Welcomes Rasmus Schmidt Christensen as New Head of Odds Operations
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/2-5.jpg)
Abios, a global leader in esports data and odds provision, has appointed Rasmus Schmidt Christensen, formerly of Danish operator Danske Spil, as the companyâs new Head of Odds Operations.
With a background in betting analytics, Schmidt Christensen is a seasoned industry veteran with a wealth of experience in esports and sports betting, spending nearly eight years improving the esports vertical at Danske Spil. Beginning his industry journey as a sports trader at the Danish betting operator, Schmidt Christensen gradually assumed more responsibility over the esports segment, ultimately taking charge of the vertical as an Esports Product Specialist.
The role allowed him to work closely with product, marketing and customer-focused teams, creating a comprehensive esports strategy for the operator. He used customer feedback to ensure the product met customer demands and ensured Danske Spil offered innovative product features early on, including player propositions.
As Head of Odds Operations, a newly created role at Abios, Schmidt Christensen will strengthen the Abios team by providing expertise in esports from Denmark, which has long been the home of Counter-Strike. Combining his knowledge of what esports fans want and product development, he will act as a bridge between trading and Abiosâ automated odds setting, creating the ultimate end product for end users.
Anton JanĂ©r, Managing Director of Abios, said: âEsports is a fast-growing segment within online sports betting. For sportsbooks to stay competitive in the area, working with people who truly understand esports is paramount.
âAt Abios, weâve historically been in the fortunate position to attract people with strong esports expertise. Rasmus is no different, having spent significant time at Danske Spil improving their esports vertical. Weâre thrilled to have him on board and look forward to seeing him taking our offering to the next level.â
Rasmus Schmidt Christensen, Head of Odds Operations, said: âHaving worked in esports for years, Iâm thrilled to join the Abios team. As theyâre building new and exciting products on top of best-in-class data and modelling, Abios is at a very exciting growth stage. Iâm happy to be part of the next step in that journey.â
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