Will Smith invests in esports company and FACEIT holds massive PUBG event in London

Will Smith joined the server

Esports organization Gen. G has raised $46 million in funding with big name Will Smith part of the group of investors. This move comes as China looks to capitalize on esports growth in the region and new tournaments fill up the esports calendar for 2019. The new funding will help increase brand awareness and prepare teams for future tournaments.

It also helps to have such a star as Will Smith investing their cash into your organization. The industry as a whole is expected to pull in more than $1 billion in revenue.

Say hello to the European Esports Federation

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National esports organizations from 12 countries within Europe gathered in Berlin to discuss plans to launch a new European Esports Federation, which would be positioned as such that it would be able to oversee the industry in participating countries. As reported by Esports Insider, attendees compiled The Berlin Declaration, outlining what the group aims to achieve.

Countries who sent representatives to the event to found the new European Esports Federation included the United Kingdom, France, Germany, Turkey, Russia, Sweden, Austria, Hungary, Serbia, Slovakia, Ukraine, and Belgium. With so much money expected to be generated from esports in the coming years, it makes sense to start forming such federations.

Let’s FACEIT, PUBG was great in London

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This weekend saw the FACEIT Global Summit competitive finals for PUBG held in London. Attendees who watched the games at the ExCeL Arena in London were rewarded with the opportunity to win big using their FACEIT accounts as an added bonus. The event was but phase one of PUBG’s esports calendar for 2019, inviting 24 teams from around the world to participate on the big stage.

We’ll have additional coverage from the show at the ExCeL Arena in London so stay tuned.

by RICH EDMONDS
PUBLISHED 21 April 2019

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