The Savvy Gaming Group just bought ESL for $1bn, but who are the new owners of esports' biggest TOs? We look at their background, other investments, and what the deal could mean for esports.
The ESL and FACEIT are being merged under their new Saudi-backed ownership.
FACEIT, the world’s leading platform for competitive online gaming and international tournament organiser, is pleased to reveal the launch of its first Collegiate programs for Counter Strike: Global Offensive, League of Legends and VALORANT with a combined prizepool of $55k. The programs represent the further development of the FACEIT Collegiate Division which recently partnered with Ubisoft on the first collegiate esports league for Tom Clancy’s Rainbow Six® Siege
The tournament that starts in June will mark the first step taken towards the organization’s objective of developing a legitimate ladder from amateur to pro in the North American League of Legends competitive scene.
In collaboration with Riot Games, FACEIT returns in 2020 to host the Scouting Grounds Circuit, the group of qualifying tournamentsto determine which teams take part in NA Scouting Grounds at the end of the year. Read more on the FACEIT NASG Circuit format here:
