VeraEsports Appointed as Official Esports Partner for VALORANT Champions Tour APAC, Challengers 2022 – European Gaming Industry News

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VeraEsports, a competitive Esports and video streaming platform powered by Verasity, has been named Official Esports Partner and exclusive content platform for the VALORANT Champions Tour (VCT) Asia-Pacific (APAC), Southeast Asia, Challengers 2022.
VALORANT is a 5v5 character-based tactical shooter, which has rapidly gained a significant Esports following, racking up over 46 million hours of gameplay viewed worldwide to date. The VALORANT Champions Tour is now entering its second year following the climax of its 2021 tour, where over 1200 teams participated across the APAC region.
The VALORANT Champions Tour is a year-long event that takes the best teams from across the globe and pits them against each other during three levels: Challengers, Masters, and Champions. In 2021, the Champions Tour attracted over one million peak viewers and averaged some 500,000 viewers during the course of the tournament.
The appointment of VeraEsports as official Esports broadcasting partners for the VALORANT Champions Tour APAC will make exclusive content available for VeraEsports viewers, including match highlights, special features, and access to an exclusive library of content. VeraEsports content will be available in Indonesia, Thailand, Philippines, Singapore, Malaysia, Vietnam, Taiwan and Hong Kong. Collectively, it represents one of the largest Esports partnerships for Riot Games in the APAC region to date.
“We are proud to renew and enhance our partnership with Riot Games and the VCT. Enabling new and breakthrough community experiences is our goal and this year we bring even more value through an exclusive VCT content hub on VeraEsports. The community will now be able to Watch and Earn across both VOD-based content and live broadcasts. We’ve only just scratched the surface on what we can achieve together with Riot Games and we are excited to bring more value in the future,” RJ Mark, Founder of VeraEsports, said.
VeraEsports will enhance the VCT APAC tournament through its “Watch and Earn” programme, which empowers Esports fans to earn points and redeem them for exclusive rewards while they watch their favourite Esports tournaments. VeraEsports will be beta testing its patented Proof of View (POV) technology, developed by its parent brand Verasity, to combat fraudulent advertising viewership during the Valorant Champions Tour APAC.
“This partnership reflects the great strength and growth potential of the VCT in the region. Despite VALORANT Esports being launched only about a year ago, we’ve had an amazing level of engagement and passion from our community. We look forward to working with VeraEsports on making VCT APAC even better this year by bringing the very best VCT content to our players and fans across the region,” Chris Tran, Head Of Esports for Southeast Asia, Hong Kong, Taiwan and Macau, said.
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M88 Mansion, one of the biggest and most successful online casinos in Asia, together with celebrity entrepreneur Maria Ozawa, are teaming up to launch Maria’s Room.
Maria’s Room is a dedicated portal for Maria Ozawa created by M88 Mansion with exclusive offers and treats by Maria Ozawa herself. It offers popular online casino games from top gaming providers such as Pragmatic Play, Microgaming, Sexy Gaming, CQ9, and a lot more.
Maria’s Room guarantees excellent games for players. They can enjoy Bikini Party with sexy ladies playing beach volleyball, get excited playing soccer with Football Baby, and party the night away on the Ladies Nite 2 Turn Wild video slot. These and more are what can be found inside Maria’s Room.
In addition, Maria’s Room features exclusive videos and a photo gallery of Maria. Players can also receive a shoutout from Ozawa herself.
Commenting on the partnership, Ozawa expressed her excitement to work with one of Asia’s most recognizable and most established online casinos – M88 Mansion.
“It is my first time to partner with a gaming company, and I am thrilled with Maria’s Room as I have never tried anything like this before. I play my favorites when I have free time, and if players are lucky, they will also get to play with me,” Ozawa shared.
M88 Mansion echoes her sentiments, seeing that this is an opportunity for both brands to extend their reach.
“We partnered with Maria Ozawa because she is a well-known celebrity within our market. We created Maria’s Room because we want to present Maria in a new light. She is more than just an on-screen personality. She is very business-minded, and at the same time, she likes to have fun. This is the side of her that we want to present,” said Carlos Lopez, Creative Director of M88 Mansion.
This partnership is expected to benefit both entities. With their vast reach and name recall, they will surely expand each other’s market and audience.
The Japanese model and film actress is also scheduled to visit Manila, Philippines in April for a live meet and greet with her fans. This event will be exclusively hosted by M88 Mansion.
Dabbling in different businesses since she was 22 years old, Ozawa currently co-owns BAR ???? or Bar Drunk in Tokyo, Japan, and Singles Bar at Resorts World Manila in Pasay, Philippines.
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Nazara Technologies Limited an India based, diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, announced its un-audited Standalone and Consolidated results for the quarter and nine months ended31st December 2021.
As of December 31, 2021, Nazara has diverse business segments with revenue generation accruing across gamified learning, Esports, freemium and telco subscriptions.
 
Key Consolidated Financial Highlights for 9MFY22 are as follows:
 
ü  Operating Revenues grew by 35% YoY to Rs. 4,466 million
ü  EBITDA* stood at Rs. 797 million, a growth of 141% YoY
ü  EBITDA* margins stood at 17.8% v/s 10.0% for 9MFY21
ü  Delivered a PAT of Rs. 428 million, growth of 355% YoY; PAT margin of 9.6%
 
*EBITDA excludes other income
The Consolidated Revenue Mix across business segments stood as follows:
 
ü  Esports segment has demonstrated 75% growth in revenue as well as 71% growth in EBITDA in the first 9MFY22 and has continued the YoY revenue growth momentum witnessed in FY 20-21 (102% growth over FY20). eSports has witnessed 70% revenue CAGR over the past 3 years. This segment now contributes the highest revenue in Nazara portfolio with 48% contribution in 9MFY22 revenue vs 37% in 9MFY21.
ü  Gamified Early Learninggrew by 22% in 9MFY22 over 9MFY21 and added net positive paying subscriber base in Q3.
ü  Skill based Real Money Gaming grew by 53% in 9MFY22 over 9MFY21 and delivered break even EBITDA in Q3 as against losses in previous quarters.
 
Commenting on the performance, Mr. Manish Agarwal, Group CEO, said,
“Nazara declared revenue of Rs. 4,466 Mn in 9MFY22 vs Rs. 3,308 Mn in 9MFY21, a growth of 35% on YoY basis, and our 9MFY22 EBIDTA surged by 141% to Rs. 797 Mn as compared to Rs. 331 Mn in 9MFY21.
For Q3FY22, we reported revenue of Rs. 1,858 Mn vs Rs. 1,304 Mn in Q3FY21, a growth of 42% on YoY basis, and our Q3 EBITDA came in at Rs 302 Mn as compared to Rs. 273 Mn in the same quarter of the previous year.
Overall, we are pleased with our growth in strategic areas of focus while maintaining healthy profitability and cash flows.
We have witnessed 75% YoY growth in the esports segment for 9MFY22 led by strong growth in revenue across all sub-segments in Nodwin and SportsKeeda. The addition of original IPs such as NH7 Weekender and expansion of our esports business into the Middle East via our acquisition of Publishme has further accelerated the growth momentum.
Nazara’s strategy of having a diversified portfolio across business segments in gaming continues to provide us with a stable and strong platform on which we can continue to build future growth and success.
Nazara continues to remain committed to building multiple growth levers across gamified learning, freemium, esports, and skill-based real money gaming via growth in its current portfolio and the addition of more offerings in the ‘Friends of Nazara’ network through strategic M&A.”
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G2 Esports has renewed its partnership with Taiwanese power supply manufacturer Seasonic.
Through the deal, Seasonic has become the official sponsor of G2 Esports’ male and female VALORANT teams. The manufacturer will also continue as the organisation’s official power supply partner.
G2 Esports first partnered with Seasonic in December 2020. As part of the deal, the organisation used Seasonic brand power supplies on its PCs.
In an announcement by Seasonic on its website, the company says it is excited about the “efforts of G2 Esports recruiting top players to form an all-women’s team”.
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