Huya Inc. (HUYA) is scheduled to release its second-quarter 2024 earnings on August 13th. Analysts expect a revenue decline year-over-year, but growth in earnings. Key factors driving performance include a growing user base, robust in-game services, and expansion of broadcaster-customized virtual items. However, the Zacks model suggests a neutral outlook for the earnings beat.
The Esports World Cup in Riyadh is transforming into a vibrant festival, offering a diverse range of activities and entertainment for gamers, families, and everyone in between. From racing simulators to special events, there’s something for every age and skill level.
The popular Mario & Sonic at the Olympic Games series might be coming to an end after the IOC chose to focus on NFTs and esports for future Olympic ventures. Former producer Lee Cocker revealed that the licensing deal for the series was not renewed due to the IOC’s desire to explore new avenues for revenue, including NFTs and esports.
Saudi Arabia will host the inaugural Esports Olympics in 2024, marking the first commercial deal between the country and the International Olympic Committee (IOC). The 12-year partnership aims to attract young audiences and promote esports within the Olympic movement.
Riot Games, the developer of League of Legends, has scrapped a Super Smash Bros. Melee-inspired fighting game featuring League characters called ‘Pool Party’. The game was reportedly in development for some time, with 80 employees working on it. However, the project was canceled after facing internal criticism and concerns about the competitive scene for Smash-like games.
FIFA will host its inaugural FIFAe World Cup of Football Manager, a competition for virtual managers on the popular video game. Players will compete for a $100,000 prize pool, showcasing their football strategy and tactics. The event will feature representatives from FIFA member associations across all six confederations, with players able to register online.
Under the patronage of the Minister of Tourism, the Saudi Tourism Authority launched the 2024 Saudi Summer Program, a four-month initiative showcasing the Kingdom’s diverse tourism offerings. Covering seven destinations and featuring over 550 unique experiences and 150 exclusive deals, the program aims to attract families, adventurers, luxury seekers, and culture and heritage enthusiasts. Key highlights include the return of the Jeddah Season and the debut of the Aseer Season, along with major events such as the inaugural Esports World Cup in Riyadh and boxing events in Riyadh and Jeddah.
The explosive growth of Esports has led to a rise in professional gamers, but as the industry faces stagnation, concerns about the long-term prospects are emerging. Once seen as the next NBA, Esports is now facing questions about its financial viability. This article explores the origins of competitive gaming and examines the factors that have contributed to the recent decline in enthusiasm for the industry.
A 27-year-old man in Japan has been charged with obstructing business by force after allegedly making threats to “kill everyone involved” at Nintendo events. The threats led Nintendo to postpone Nintendo Live 2024 and the Splatoon Koshien 2023 National Finals in December 2023. The man allegedly made 39 threats between August and November 2023 using Nintendo’s online inquiry form, including telling the company to “be careful about events that have spectators in attendance” and “I’ll make you regret bringing such a s****y game into this world”. Nintendo announced in December 2023 that the threats targeted spectators, attendees, and staff at Nintendo Live 2024, forcing the cancellation for safety reasons. The Splatoon event and Mario Kart 8 Deluxe World Championship were later held in April 2024 without issue, but the full Nintendo Live event, which was due to take place in Tokyo, was canceled.
The Razer Viper V3 Pro is a premium gaming mouse that offers a rapid polling rate, enhanced features in its software, and a comfortable design. It is well-suited for competitive esports titles and is one of the best gaming mice on the market. However, it comes with a high price tag, so it is best suited for those who demand the best of the best.
