Apex Legends
GameBy Respawn Entertainment · Released Feb 4, 2019
Documents about Apex Legends
EA Reveals Details on Apex Legends Global Series Year 4
Electronic Arts has announced the structure and financial details for Year 4 of the Apex Legends Global Series (ALGS), signaling a continued commitment to its competitive ecosystem.
- Electronic Arts has announced the Apex Legends Global Series (ALGS) Year 4, featuring a total prize pool of $5 million across three major LAN events.
- The Year 4 LAN schedule consists of the Split 1 Playoffs ($1M), Split 2 Playoffs ($1M), and the year-end Championship ($2M).
- ALGS Year 3 saw significant growth, including a 19% year-on-year increase in participation, a 22% increase in total watch time (47.9M hours), and a 13% increase in average minute audience (130,383).
Is It Time to Rethink the “Game of the Year” Award for Mobile?
The mobile gaming industry’s current approach to "Game of the Year" (GOTY) awards is fundamentally flawed due to a disconnect between creative recognition and actual business performance.
- Current 'Game of the Year' awards for mobile games fail to correlate with sustained spikes in downloads or revenue, as performance trends are primarily driven by seasonal content and marketing events.
- Analysis of Marvel SNAP, Apex Legends Mobile, and Genshin Impact between 2021 and 2023 shows that award wins are additive at best rather than causal drivers of commercial success.
- The existing awards framework is criticized as a marketing vehicle for platforms like Apple and Google rather than an objective measure of creative quality or business performance.
The Guard Will Not Be a Participating Team in VCT Americas 2024
The Valorant Champions Tour (VCT) Americas league officially excluded The Guard from its 2024 season due to the organization’s failure to meet a critical deadline regarding the Team Participation Agreement.
- The Guard will not participate in the 2024 VCT Americas League after failing to meet the deadline to sign the required Team Participation Agreement.
- Riot Games confirmed that no replacement team will be promoted, leaving the VCT Americas league with 10 teams for the 2024 season.
- The Guard’s parent company, Kroenke Sports & Entertainment, is actively winding down its esports division, which previously included teams in Apex Legends, Call of Duty League, and Overwatch League.
Electronic Arts 10‑Q: Q2 FY2023
Electronic Arts reported a mixed Q2 FY2023, with net revenue of $1.924 billion—an 8% rise year-over-year—while operating income climbed to $542 million, reflecting stronger gross profit and controlled increases in R&D and marketing.
- Electronic Arts reported Q2 FY2023 net revenue of $1.924 billion, an 8% year-over-year increase, with net income reaching $402 million.
- Live-services revenue grew by 9% to $5.544 billion for FY2023, primarily fueled by content sales from Ultimate Team and Apex Legends.
- The company incurred a $158 million restructuring charge related to workforce and office-space reductions, alongside a $368 million impairment that brought total goodwill to $5.38 billion.
Sentinels Officially Launch Equity Crowdfunding on StartEngine
The Los Angeles-based esports organization Sentinels has officially launched an equity crowdfunding campaign on the platform StartEngine.
- Esports organization Sentinels has officially launched an equity crowdfunding campaign on the StartEngine platform.
- The company is seeking to sell approximately 4% of its total equity, based on a company valuation of $30.9 million.
- Investors can participate with a minimum buy-in of approximately $300 USD.
The Future of Player Betting
The integration of real-money wagering into video games represents a significant shift in how competitive engagement is monetized, moving away from traditional gambling toward skill-based performance metrics.
- Platforms have successfully facilitated over $200 million in wagers by transitioning from peer-to-peer simulations to house-banked prop betting models in AAA titles like Apex Legends and Valorant.
- The business model targets 10% to 20% of an active player base by offering objective-based challenges, such as kill counts, rather than traditional gambling outcomes.
- Profitability is driven by a dual-model approach utilizing service fees and data science to dynamically adjust odds based on individual player skill levels, maintaining a 5% to 15% hold.
Sentinels Launch Equity Crowdfunding Campaign Through StartEngine
The Los Angeles-based esports organization Sentinels has initiated an equity crowdfunding campaign via the platform StartEngine.
- Esports organization Sentinels has launched an equity crowdfunding campaign on the StartEngine platform to sell approximately 4% of its company equity.
- The organization is currently valued at $30.9 million USD.
- Interested investors can reserve shares with a minimum buy-in of $300 USD.
Global Esports Partners With Intel India
Global Esports, an Indian esports organization, has entered into a 15-month partnership with Intel India.
- Indian esports organization Global Esports has signed a 15-month partnership agreement with Intel India.
- Intel India will provide its 13th Gen Intel Core processors to power the PCs used by Global Esports' staff and content teams.
- The partnership includes support for the Global Esports Valorant team, though Intel branding will not appear on player jerseys during the last chance qualifier.
Her Galaxy Thrives Despite Delayed Pay for Employees, Layoffs in June
Her Galaxy, the North American division of the Dubai-based esports company Galaxy Racer, has faced significant internal instability, including staff layoffs and persistent payroll delays.
- Galaxy Racer's North American division, Her Galaxy, is currently facing significant operational instability, including reports of five weeks of back pay owed to employees as of July 2023.
- In June 2023, Galaxy Racer conducted layoffs affecting five individuals in its North American division, citing a global corporate reorganization and performance-based restructuring.
- Despite the internal turmoil, Her Galaxy successfully executed an Apex Legends tournament in late June 2023 featuring over 60 participants.
Global Esports Partners With Adamas for Valorant Roster
Global Esports, an India-based organization, has entered into a strategic partnership with the Vancouver-based performance and wellness company Adamas Esports.
- India-based organization Global Esports has partnered with Vancouver-based Adamas Esports to improve the 'out-of-game' performance of its Valorant roster.
- The partnership aims to enhance the mental strength, resilience, and overall consistency of players competing in the Valorant Champions Tour (VCT) Asia-Pacific league.
- Global Esports will utilize Adamas resources to prepare its roster for the VCT Last Chance Qualifier, scheduled to take place from July 15 to July 23, 2023.
Kansas City Pioneers Partner With Army National Guard
The Kansas City Pioneers have entered into a partnership with the Army National Guard to co-produce a series of six esports tournaments throughout the Midwestern United States for the remainder of 2023.
- The Kansas City Pioneers have partnered with the Army National Guard to co-produce six esports tournaments across the Midwestern United States throughout the remainder of 2023.
- The partnership serves as a recruitment vehicle for the Army National Guard, providing a platform to connect with gamers and promote career opportunities in fields such as cybersecurity, IT, and logistics.
- The inaugural events are scheduled for June 16–18, 2023, at the LEVELUP Arena in Kansas City as part of the Midwest Fest.
XSET Partners With Glytch
The esports and gaming lifestyle organization XSET has entered into a one-year partnership with Glytch, a company specializing in the development of esports stadiums.
- Esports and gaming lifestyle organization XSET has entered into a one-year partnership with esports stadium developer Glytch.
- The agreement includes branding placement for Glytch on XSET team jerseys, social media channels, and streaming platforms like Twitch and YouTube.
- XSET and Glytch will collaborate on original content featuring XSET’s professional Apex Legends and Valorant teams.
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