Enthusiast Gaming (EGLXF) Holdings announced that Luminosity Gaming, the company’s esports division, is expanding into League of Legends by joining the North American Challengers League beginning in the Spring of 2025. League of Legends continues to dominate the global esports ecosystem, with this year’s League of Legends World Championship reaching more than 6.9 million peak concurrent viewers across the globe, breaking esports viewership records. League of Legends is also seeing continued growth and success outside of esports with their recent animated show, Arcane, becoming the most expensive animated show ever created. Luminosity will aim to transition its success from other esports titles including other MOBAs such as Pokemon Unite where they are the 2023 World Champions and 2024 LAIC Champions.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EGLXF:
- Enthusiast Gaming appoints Macdonald as CFO
- WeightWatchers appoints DellaFortuna as CFO
- Enthusiast Gaming Achieves Profitability in Q3 2024
- Enthusiast Gaming Reports Profitable Q3 2024
- EGLXF Earnings this Week: How Will it Perform?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
