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European Gaming Congress 2024

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Global Esports Tour Los Angeles Crowns Champion

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Team Kraken battled to victory at the Grand Final of the Global Esports Tour’s first Hearthstone® event, in the game’s first LAN event in two years

Yesterday saw Team Kraken take first place in the initial stop of the Global Esports Federation and FACEIT’s new worldwide esports invitational – the Global Esports Tour. The winning team, led by Jeffrey “TrumpSC” Shih with Jerome “Monsanto” Faucher and Mihai “languagehacker” Dragalin, dominated during the two-day event, beating David “Killinallday” Acosta’s Team Gryphon in the final with a solid performance played on Hearthstone® Classic Mode.

Team Kraken bags the champion’s trophy in the first Global Esports Tour Los Angeles. From left: Mihai “languagehacker” Dragalin, Jerome “Monsanto” Faucher, Jeffrey “TrumpSC” Shih, Dr. Melita N. Moore, GEF Board Member and Chair of Health & Wellness Commission, Paul J. Foster, CEO of GEF, and Christopher ‘MonteCristo’ Mykles.

Team Kraken began the tournament with a shaky start, dropping their first match to Team Gryphon with a 4-1 loss. However, moving down to the lower bracket they began to find their groove, winning their following two matches against Frank “Fr0zen” Zhang’s Team Mammoth 4-3 and Alexandra “Alliestrasza” MacPherson’s Team Phoenix 4-0.

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In the Final against Team Gryphon, Team Kraken stormed forward in the first four games, gaining a 3- 1 lead against the tournament favourites. Team Gryphon’s Jeffrey “Tarei” Liu pulled back a victory in Game 5, before Mihai “languagehacker” Dragalin closed the show with a victory against Tarei in Game 6.

The GEF team caught up with Team Kraken after the Grand Final and spoke to the winners. “Thank you GEF. This was a lit tournament. We really love what you are doing for esports. The cities chosen are the hot spots in the world for esports,” said Jeffrey “TrumpSC” Shih, captain of the winning team.

Mihai “languagehacker” Dragalin added, “It’s really cool, honestly. This entire tour that you’ve set up is really incredible. For the first edition to be Hearthstone®, and for us to be a part of it, it’s incredible. We didn’t really expect to win it all, and that’s just speaks for how cool this event is.”

Four teams of North America’s best players were invited to compete in this best of seven, double elimination conquest form, for a US$50,000 prize. Made up of three plyers each, the teams entered with six decks, all from a unique class. Team captains TrumpSC, Fr0zen, Alliestrasza, and Killinallday led their respective squads:

Team Kraken

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Jeffrey “TrumpSC” Shih

Jerome “Monsanto” Faucher

Mihai “Languagehacker” Dragalin

Team Phoenix

Alexandra “Alliestrasza” MacPherson

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John “Dekkster” Kotrich

Andrew “TidesofTime” Biessener

Team Mammoth

Frank “Fr0zen” Zhang

David “Justsaiyan” Shan

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George “hyped” Maganzini

Team Gryphon

David ‘Killinallday” Acosta

Jeffrey “Tarei” Liu

Mark “Ant” Trevino

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Pro gamer and game designer turned broadcaster, Brian Kibler, strategy game expert Nathan ‘Admirable’ Zamora, and Cloud9 player Cong “StrifeCro” Shu, provided their expert commentary and analysis during the event.

The GET is the GEF’s Pro-Team tournament staged in key global cities throughout the year. GET 2021 offers a total prize pool of US$500,000. The tournament showcases skills and talent from different game genres from around the world with Hearthstone®, PUBG MOBILE, and CS:GO the chosen games. FACEIT has joined the GET as the GEF’s Strategic Partner, Esports Services and was also the tournament organiser for this Hearthstone® stop.

In October, the GET heads to Riyadh (October 24-26, 2021) with PUBG MOBILE, and on to Dubai (November 26-27, 2021) with CS:GO.

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Canada

IAGR announces Toronto as host city for 2025 conference

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Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

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Stay tuned for registration details early next year.

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Bombee Global Entertainment Ltd

ESE Entertainment Completes Acquisition of Gaming Production Company, Bombee Americas

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ESE Entertainment Inc., a gaming company that provides a range of services to leading video game developers and publishers, has announced that it has acquired Bombee Global Entertainment Ltd. (Bombee Americas), the North American arm of Bombee Event Production AB, (Bombee), a global production company specialized in live production, special effects, broadcast, and event management for the gaming sector.

Bombee has successfully collaborated with ESE to bring its premier event production services and world class customer service to North America and beyond. The North American arm of Bombee, Bombee Americas, will continue to grow and scale in this new organizational structure under ESE, while maintaining its entire team and global support.

Konrad Wasiela, CEO of ESE, said: “Today marks the next stage of ESE—a 2.0 version of our company. With the acquisition of Bombee Americas, we are not only solidifying our presence in North America but also paving the way for growth and innovation in the gaming industry. This is a major step, positioning us to deliver even greater value to our partners and elevate the gaming experience for our clients globally. We’re thrilled about the opportunities ahead and the exceptional talent joining our team.”

Transaction Terms

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The Acquisition was completed by way of a share purchase agreement (the SPA) among the Company, Bombee Americas, and the shareholders of Bombee Americas (the Vendors). Pursuant to the SPA, ESE acquired all of the outstanding shares of Bombee Americas in exchange for: (i) $750,000 in cash paid on closing, (ii) $375,000 in cash to be paid six (6) months following closing, subject to customary adjustments based on the working capital of Bombee Americas on closing, (iii) $375,000 in cash to be paid twelve (12) months following closing, and (iv) 30,000,000 common shares of ESE (the Consideration Shares), issued at a deemed issue price of $0.10 per share.

In connection with the Acquisition, the founders of Bombee Americas have signed three-year service agreements and will continue to run the business following the closing, along with the rest of the personnel of Bombee Americas who will remain in place, ensuring a smooth transition of operations. As part of the Acquisition, the Company has acquired the liabilities of Bombee Americas, mainly consisting of customary current obligations incurred in the ordinary course of business for Bombee Americas, which are not expected to have a material impact on the Company’s operations or financial position.

No finder’s fees were paid or payable in conjunction with the Acquisition.

The Acquisition was an arm’s length transaction within the meaning of the policies of the TSX Venture Exchange (the Exchange) and constituted an “Expedited Acquisition” in accordance with Exchange Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets. The Acquisition remains subject to the final approval of the Exchange.

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Canada

Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis

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In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital Fraud from Canada during this period, despite a less than a one percent (0.7%) YoY increase in the volume of transactions.

According to a recent TransUnion survey,1 more than half (54%) of Canadians said they were recently targeted by email, phone call or text message fraud attempts. Phishing was the most common scheme type (45%), followed by smishing (42%) and vishing (39%).

The increasing use of digital transactions, combined with rising suspected Digital Fraud attempts are also impacting businesses as they potentially face revenue losses and increased operational costs due to fraud. According to a TransUnion business survey for the H2 2024 Update to the State of Omnichannel Fraud report, 200 Canadian business leaders said their companies lost approximately 6% of equivalent revenue – representing $78 billion – over the past year due to fraud. The most prominent causes of fraud loss cited by them were:

  • Scam/Authorized fraud (31%): Dishonest scheme intended to trick a person into giving up something of value (e.g., account access, money, information)
  • Account takeover (19%): Unauthorized individuals taking over someone’s online account (e.g., bank, social media, email) without their permission
  • Synthetic identity fraud (18%): Use of a combination of personal information to fabricate a person or entity to commit a dishonest act for financial or personal gain

TransUnion also found that suspected Digital Fraud attempts – where the consumer was transacting in Canada and targeted businesses globally – increased on average by 10.5% YoY in H1 2024 compared to H1 2023 and impacted all industries.

Top Three Industries Globally with Highest Rate of Suspected Digital Fraud Attempts Coming from Canada in H1 2024

  1. Gambling (online sports betting, poker, etc.) – 9.6%
  2. Retail – 9.2%
  3. Government – 7.7%

Top Three Industries Globally with Highest YoY Increase (H1 2024 vs H1 2023) in the Rate of Suspected Digital Fraud Attempts Coming from Canada

  1. Logistics – 172.9%
  2. Gambling – 79.3%
  3. Video gaming – 67.8%

“Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by companies to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Patrick Boudreau, head of identity management and fraud solutions at TransUnion Canada.

“Businesses that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs,” he added.

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