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

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