PGL Acquires Key Esportal Assets to Boost Global Esports Matchmaking Services
Esports tournament organizer PGL has acquired several key assets from esports matchmaking platform Esportal to further its mission of creating a globally accessible matchmaking service. Founded in 2014, Esportal is a web-based platform for competitive gaming across popular esports titles. PGL, known for hosting premier events like Dota 2’s The International and CS Majors, did not acquire the company but selected assets. PGL plans to migrate and potentially rebrand the platform within months. “We are excited about this platform’s future and its impact on the esports community,” PGL said in a press release, signaling an enhanced matchmaking experience ahead.
ASUS Expands ROG Lineup for Indian Market
, unveiling the Zephyrus G16 and TUF Gaming A14. Powered by the AMD Ryzen AI 9 HX 370 processor and NVIDIA RTX 4060 or 4070 GPUs, these laptops promise top-tier performance for gaming enthusiasts. The Zephyrus G16, priced from ₹1,94,990, boasts a 240Hz ROG Nebula Display, ensuring smooth gameplay, while the TUF Gaming A14, starting at ₹1,69,990, offers durability and high performance. Available on Flipkart, Amazon, and Asus stores, these models are poised to enhance the gaming experience for Indian players.
Xsolla Founder Faces Allegations of $100 Million Fund Transfers Amid Lawsuits from Former Executives
Game Payments Platform Xsolla’s founder Aleksandr Agapitov allegedly transferred over $100 million from the company to his personal accounts between 2021 and 2023, . The claims arose from financial documents linked to lawsuits filed by six former executives, including a suit from ex-VP Emil Aliyev, who alleged wrongful termination after discovering $40 million in transfers. Xsolla President David Stelzer dismissed the accusations, stating the company’s finances are managed responsibly and in compliance with laws. Agapitov, also Xsolla CEO, denied the allegations, noting concerns were only raised after executives were terminated. Aliyev’s suit was dismissed in March 2024.
Sony Raises PlayStation 5 Price by 19%
Sony announced a , raising the suggested retail price to 79,980 yen ($553) starting Sept. 2. The Japanese gaming giant cited global economic fluctuations as the primary reason for the increase. This surprise move comes as the PS5 approaches its fourth anniversary in November and follows a decline in unit sales during the June quarter. Despite lower sales, Sony’s gaming division reported year-on-year profit and revenue growth, driven by continued game and service purchases. Investors are now anticipating a potential “Pro” version of the console to boost future sales.
