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Esports Entertainment, NetEase Collaborate

·1-min read
  • Esports Entertainment Group Inc (NASDAQ: GMBL) and their EGL brand collaborated with NetEase Inc (NASDAQ: NTES) to become their official North American tournament and broadcasting provider for Naraka: Bladepoint, running the entirety of the Morus Cups Seasons One, Two, and Three, which take place between September and November 2021.

  • Esports will run the tournaments and produce the broadcasts to cover it all.

  • This partnership is another six-figure source of revenue for Esports.

  • "Nakara: Bladepoint has already taken the gaming world by storm, and we are hoping that in working with NetEase, we can build a fun, competitive, and sustainable esport ecosystem," EGL GM Glen Elliott said.

  • Each of the three seasons of the Morus Cup will be narrowed down into three stages.

  • Each season will have a distinct prize pool of $20,000, including a qualification into the December Grand Finals with a $100,000 reward.

  • The Grand Finals will be broadcast live in the studio.

  • Price Action: NTES shares traded higher by 2.01% at $103.80 on the last check Friday.

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