FaZe Clan Secures $2M In Prize Winnings With Sixth Place Finish At 2024 Esports World Cup, Contributing To GameSquare's Q3 Revenue; Event Featured Record $60M+ Prize Pool With Over 500 Teams Competing
Portfolio Pulse from Benzinga Newsdesk
FaZe Clan secured $2 million in prize winnings by finishing sixth at the 2024 Esports World Cup, contributing to GameSquare's Q3 revenue. The event featured a record prize pool of over $60 million with more than 500 teams competing.
August 26, 2024 | 12:08 pm
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GameSquare's Q3 revenue is positively impacted by FaZe Clan's $2M prize winnings at the 2024 Esports World Cup.
FaZe Clan's $2M prize contributes directly to GameSquare's Q3 revenue, indicating a positive financial impact. The large prize pool and competitive nature of the event highlight the growing significance of esports, potentially attracting more investors and partnerships for GameSquare.
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