- OverActive Media’s (TSXV:OAM) Call of Duty franchise, Toronto Ultra, has been honored at the 2025 Canadian Game Awards, winning both “Best Esports Organization” and “Best Esports Event.”
- GameSquare Holdings’ (NASDAQ:GAME) subsidiary FaZe Clan Esports emerged victorious at the Six Invitational 2025, taking home $1 million in prize money
- FaZe Clan’s win against Team BDS in a best-of-five series not only brought glory but also contributed high-margin revenue to GameSquare’s Q1 2025
- Chess grandmaster Magnus Carlsen has announced his entry into the esports arena by joining Team Liquid for the 2025 Esports World Cup
In a series of exciting developments in the esports world, several major announcements have made headlines.
Toronto Ultra triumphs at Canadian Game Awards
OverActive Media’s (TSXV:OAM) Call of Duty franchise, Toronto Ultra, has been honored at the 2025 Canadian Game Awards, winning both “Best Esports Organization” and “Best Esports Event.” The awards celebrate excellence in game development, content creation, and esports. Toronto Ultra’s exceptional 2024 season earned them the Best Esports Organization award, while their production of the Call of Duty League (CDL) Major III in Toronto, which attracted over 10,000 fans, was recognized as the Best Esports Event. This success has driven OverActive Media’s stock up by 30 per cent on the Venture Exchange since the start of the year.
FaZe Clan wins big at Six Invitational 2025
GameSquare Holdings’ (NASDAQ:GAME) subsidiary FaZe Clan Esports emerged victorious at the Six Invitational 2025, taking home $1 million in prize money. The event, held at the MGM Music Hall at Fenway in Boston, featured the top 20 esports clubs from around the world competing for a $3 million prize pool.
FaZe Clan’s win against Team BDS in a best-of-five series not only brought glory but also contributed high-margin revenue to GameSquare’s first quarter of 2025. GameSquare’s stock has risen by 8 per cent on the NASDAQ since the beginning of the year.
Magnus Carlsen joins Team Liquid for Esports World Cup
In a surprising move, world-renowned chess grandmaster Magnus Carlsen has announced his entry into the esports arena by joining Team Liquid for the 2025 Esports World Cup. Carlsen, along with world number two Fabiano Caruana, will compete in this major event, marking a significant shift in the chess world. This announcement follows Carlsen’s ongoing tensions with the International Chess Federation, which escalated after his controversial disqualification from the 2024 Chess Federation World Rapid Championship for wearing jeans.
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(Top image via torontoultra.gg.)