Gfinity Shuts Down Esports Division

Gfinity Shuts Down Esports Division

Companies

07 June 2023 15:45

Gfinity, has decided to close its esports division and shift its focus to digital media and the gamer website industry. Citing a soft market for esports and limited profitable growth opportunities, Gfinity's board has implemented cost-cutting measures and content improvements to attract more users over the last year. The company was having difficulties for some time now.

Tags: Gfinity UK Business

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Gfinity Shuts Down Esports Division

Companies

07 June 2023 15:45

Tags: Gfinity UK Business

Gfinity, has decided to close its esports division and shift its focus to digital media and the gamer website industry. Citing a soft market for esports and limited profitable growth opportunities, Gfinity's board has implemented cost-cutting measures and content improvements to attract more users over the last year. The company was having difficulties for some time now.

Share:

Sources:

File:Gfinity Esports.png

Report mistake   

Submit news   

Related news

View All

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The UK Government announced a new fund for the creative industries. The fund will allocate £5m will go to the...

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