Tag: sponsorship
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Riot Games Revamps LoL Esports Business Model for Sustainable Future
Riot Games has unveiled a comprehensive update to its vision for the esports landscape, emphasizing significant shifts within the League of Legends (LoL) Esports ecosystem to ensure its long-term sustainability and health. Celebrating over a decade of growth and engagement in LoL Esports, Riot has announced a new business model for professional teams in major…
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GODSENT Resets: A New Chapter Amid Sponsorship Setbacks
In a dramatic turn, GODSENT bids farewell to its Counter-Strike roster following a sponsorship withdrawal by Coolbet, which shook the organization’s financial stability. This pivot comes after a challenging period marked by a dip to 141st in global rankings and a win rate of just 20% in recent months. The Swedish team, once boasting talents…