We've now given the next Call of Duty a true multiplayer run, and believe us - this is very legit.
Straight Up Fact: This is the Biggest CoD Multiplayer. Ever.
Star Wars Jedi: Fallen Order is shaping up to be a franchise in waiting and exactly the sort of Force experience we've been craving for a number of years...
Star Wars Jedi: Fallen Order - The Force is Strong in This One
AusGamers has teamed up with Bethesda to give away a host of The Elder Scrolls: Legends - Moons of Elsweyr card packs.
The Elder Scrolls Legends Moons of Elsweyr Give Away!
With Red Dead Online now out of Beta is it happy trails for Rockstar's latest online outing?
Red Dead Online Review - Saddle Up
Post by KostaAndreadis @ 12:48pm 14/08/19 | 0 Comments
With all esports events as part of Gfinity Esports Australia to cease operations in late November 2019. As for the reasoning the press release notes, "the esports market in Australia has not developed to the level forecast when the company was launched in 2017". The news comes alongside partner HT&E Limited posting a $5.3m loss on investments, hinting at the local Gfinity endeavour losing money since its launch.

In a statement, Gfinity Esports Australia's chief makes a point to highlight the staff that will be losing their jobs based on closure whilst noting that existing events will continue as planned.

“We would like to thank all our stakeholders and the Australian esports community for their support over the last few years. This is a very difficult announcement for all our staff. We will continue to meet our obligations to our existing partners, including Supercars with the upcoming Gfinity Supercars Eseries, and deliver outstanding events until we close later this year,” Dominic Remond, Chief Executive Officer of Gfinity Esports Australia said.

In an additional statement, Ciaran Davis of HT&E said, "The economics of esports in the Australian market are yet to deliver sustainable, positive earnings. It is critical our investments deliver value for shareholders and with esports there is no certainty on when a positive contribution might be achieved.”

So then, what does this mean for esports in Australia? Sad news to be sure, especially for those close to Gfinity and its local tournaments. That said, events like IEM Sydney and the upcoming Melbourne Esports Open alongside global tournaments that Australia takes part in still paint the picture of a thriving and far reaching esports scene.



gfinityaustraliaesportsaustralian esportsclosure





Latest Comments
No comments currently exist. Be the first to comment!
You must be logged in to post a comment. Log in now!