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The Esports Advocate
The esports production company, based in Bloomington, Minnesota, laid off the majority of its staff several months prior to August 2024.
Wisdom Gaming Group, a Bloomington, Minnesota-based esports production company and tournament organizer, has ceased operations. The closure, which reportedly occurred several months prior to August 2024, is evidenced by the shuttering of the company’s 18,000-square-foot facility at the Mall of America, which has been boarded up. The company had previously experienced significant financial strain, including a 40% workforce reduction in 2023.
The organization’s collapse impacts several facets of the regional and competitive gaming landscape. Wisdom Gaming Studios served as a hub for white-label esports production and hosted T-Wolves Gaming, the Minnesota Timberwolves’ NBA 2K League team, which is expected to disband following league restructuring. Furthermore, the company’s scholastic-focused arm, the Minnesota Varsity League, has been acquired by the North Dakota-based firm Fenworks.
The cessation of business activities is further confirmed by a lack of recent public engagement, as the company’s social media channels and studio accounts have remained inactive since early 2024. Despite requests for comment regarding the closure and the status of its various assets, company executives did not provide a response. This development highlights the ongoing volatility within the esports sector, particularly for organizations heavily invested in physical infrastructure and tournament operations.
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