Dubit launches metaverse esports league, Riot Games promotes John Needham | IM电竞 Digest #69

Each week, IM电竞 Digest breaks down the weekly happenings in the esports industry, making sense of things so you don鈥檛 have to. As well as being housed on聽YouTube, IM电竞 Digest is available on聽all major podcast platforms and is also available in written form below.

On this week鈥檚 IM电竞 Digest, in partnership with聽Mbuzz Esports聽and聽BK ROG, we cover: Dubit launching the Metaverse Esports League and raising $8m, ESL‘s new rights deal with Huya, John Needham‘s Riot Games promotion, FaZe Clan collaborating with Draftkings, plus Panda Global unveiling a Super Smash Bros partnership with Nintendo.

Dubit raises $8m to launch first metaverse esports league

Video game studio Dubit has raised $8m (~拢5.9m) in funding to launch the first esports league in the metaverse. As a result, the studio will host esports tournaments through the online game platform Roblox.

The funding, raised by聽Metaventures聽and French investor聽Jean-Charles Capelli, will enable Dubit to expand its presence by launching the聽Metaverse Gaming League (MGL). The league will initially host Roblox events before expanding into other titles such as Minecraft.

ESL signs two-year exclusive rights agreement with Huya

ESL x HUYA
Image credit: ESL / Huya

Esports event organiser聽ESL聽has announced an exclusive media rights agreement with Chinese live streaming platform聽Huya.

The renewed agreement will span two years.聽Exclusive broadcast rights within the deal will include ESL鈥檚 Dota 2 and Mobile ecosystems, as well as its ESL Pro Tour for CS:GO and StarCraft II.聽Huya will cover tournaments in standard Mandarin and other Chinese dialects.

John Needham promoted to President of Esports at Riot Games

IM电竞-Inplay Matrix
(IM电竞 Illustration) Image credit: Riot Games

Game developer聽RiotGames announced that the former聽Global Head of Esports,聽John Needham, has been promoted to the newly created role of聽President, Esports.聽

In his new role, Needham will lead the company鈥檚 esports division, which unifies all of Riot鈥檚 esports titles and operations. He will聽oversee all of Riot Games鈥檚 global esports efforts, including its esports leagues, teams and players within those leagues, and multiple high-profile esports events each year.聽

FaZe Clan announces partnership with DraftKings

IM电竞-Inplay Matrix
Image credit: FaZe Clan / Draft Kings

Esports organisation聽FaZeClan has agreed a partnership with fantasy sports company聽DraftKingsInc., the two parties announced in a release.

The deal will see DraftKings become the 鈥極fficial Sports Betting, iGaming, Daily Fantasy and Free-to-Play Partner鈥 of FaZe Clan. The two brands will cooperate on a series of content activations featuring FaZe鈥檚 content creators, and more.聽Additionally, a new podcast and an original series are planned that will carry DraftKings and FaZe branding.

Panda Global unveils Super Smash Bros partnership with Nintendo

Panda-Global-x-Nintendo
Image credit: Panda Global, Nintendo

North American esports organisation聽Panda Global聽has announced a partnership with video game company聽Nintendo.聽

As a result of the deal, the two parties will collaborate to operate the first licensed circuits for Super Smash Bros. Ultimate and Super Smash Bros. Melee in North America. The circuit is set to begin in 2022 with information on in-person and online events expected to be revealed in the coming months. Details on prizing for the circuit were not disclosed.

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IM电竞 Digest, in partnership with Mbuzz Esports and BK ROG, is part of the IM电竞 Podcast Network, a collection of podcasts encompassing the esports industry. For deep dives into the major areas of esports with subject matter experts, check out聽IM电竞 Focus. For conversations with key personnel and major stakeholders in esports,聽IM电竞 Insight聽is the series for you.