Karmine Corp Acquires LEC Slot

Karmine Corp Acquires LEC Slot

Business

19 October 2023 14:56

French esports organization Karmine Corp is set to join the LEC. This move comes following Karmine Corp's acquisition of a majority stake in the slot owned by the Danish esports organization Astralis. Karmine Corp secured its LEC slot by purchasing a 66.67% stake for DKK 129 million, which is roughly equivalent to $18m. Consequently, Astralis will retain a minority ownership of the slot. Karmine Corp recently revealed its plans for a new esports stadium.

<a href=https://twitter.com/KarmineCorp/status/1714704130755661937></a>

Maximilian Peter Schmidt, Director of League of Legends Esports EMEA at Riot Games, stated “Astralis has been a valued partner to us throughout its time in the LEC, and we wish the organization the very best with its future endeavours."

Tags: Karmine Corp LEC

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Karmine Corp Reveals New Arena

Karmine Corp has unveiled its 3,000-seat esports arena in Evry, France, with plans to utilize the venue for live...

Business

May 28, 2024

LEC X LG UltraGear Partnership Extended

LEC announced a partnership extension with LG UltraGear. The partnership will span across 2024 and 2025 seasons. LG Ultragear is...

Business

Jan 15, 2024

Kia X LEC Partnership Extended

KIA renewed its partnership with LEC. The partnership is extended for another 3 years. KIA logo will be displayed across...

Business

Jan 12, 2024

Karmine Corp Reveals New Roster

Karmine Corp revealed its new Valorant roster. The organization finished the EMEA league with the worst record. The organization signed...

Transfer Market

Dec 13, 2023

LEC Format Changes Announced

Riot Games revealed some changes to LEC format. The modifications will encompass the consolidation of the LEC group and...

Business

Dec 06, 2023

Karmine Corp Acquires LEC Slot

Business

19 October 2023 14:56

Tags: Karmine Corp LEC

French esports organization Karmine Corp is set to join the LEC. This move comes following Karmine Corp's acquisition of a majority stake in the slot owned by the Danish esports organization Astralis. Karmine Corp secured its LEC slot by purchasing a 66.67% stake for DKK 129 million, which is roughly equivalent to $18m. Consequently, Astralis will retain a minority ownership of the slot. Karmine Corp recently revealed its plans for a new esports stadium.

<a href=https://twitter.com/KarmineCorp/status/1714704130755661937></a>

Maximilian Peter Schmidt, Director of League of Legends Esports EMEA at Riot Games, stated “Astralis has been a valued partner to us throughout its time in the LEC, and we wish the organization the very best with its future endeavours."

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Karmine Corp Reveals New Arena

Karmine Corp has unveiled its 3,000-seat esports arena in Evry, France, with plans to utilize the venue for live...

Business

May 28, 2024

LEC X LG UltraGear Partnership Extended

LEC announced a partnership extension with LG UltraGear. The partnership will span across 2024 and 2025 seasons. LG Ultragear is...

Business

Jan 15, 2024

Kia X LEC Partnership Extended

KIA renewed its partnership with LEC. The partnership is extended for another 3 years. KIA logo will be displayed across...

Business

Jan 12, 2024

Karmine Corp Reveals New Roster

Karmine Corp revealed its new Valorant roster. The organization finished the EMEA league with the worst record. The organization signed...

Transfer Market

Dec 13, 2023

LEC Format Changes Announced

Riot Games revealed some changes to LEC format. The modifications will encompass the consolidation of the LEC group and...

Business

Dec 06, 2023