eSports
Riva Technology and Entertainment and Galaxy Racer acquires VY Esports in play to own MENA/SEA fan engagement, Raine Ventures senior executive to join their advisory boards

Riva Technology and Entertainment (RTE), the leading gaming and technology investment group, together with its sister company, Galaxy Racer (GXR), the largest esports, gaming and lifestyle organisation in the world, has announced its acquisition of VY Esports.
The VY Esports platform POPC Lounge enables creators to connect with their superfans through monetized digital experiences involving livestreams, 1:1 live video chats, merchandise sales, and other unique online engagements. The company also services the live events industry by creating a hybrid model, adding a new revenue stream so viewers from around the world can access selected live content and interact with talents through digital activations. The POPC Lounge platform will serve as the virtual arm for the upcoming ‘POPC Live!’ mega event in Dubai that is beginning in March 2022.
Founder and CEO of Riva Technology and Entertainment, Founder and CEO of Galaxy Racer, Paul Roy, said: “We are excited to announce Riva Technology and Entertainment and Galaxy Racer’s acquisition of VY Esports, which we absolutely believe will bring amazing synergy to our group of companies. We are delighted to work with our new board member from VY Esports and advisory board member from Raine Ventures, as we leverage on their expertise to grow the business. They will play an important role as we continue in our endeavour to develop compelling experiences for our audiences as we head towards global domination in the esports, gaming, lifestyle and entertainment ecosystem. I am delighted to welcome Oleg Butenko to the board of Riva Technology and Entertainment. His extensive experience across technology, esports and entertainment will give us an exceptional cutting-edge advantage and will be an asset to the board.”
Founder and CEO of VY Esports, Oleg Butenko, said: “We are thrilled to be part of Riva Technology and Entertainment and Galaxy Racer, as we strongly believe in Paul Roy’s vision. With the POPC Lounge platform we will push hyper growth across the vast RTE and Galaxy Racer influencer network. As we scale globally, we will bring direct, monetizable, fan engagement to major regions like South East Asia, Africa, the Middle East, and the United States by offering a new strategy for monetizing virtual engagements between creators and fans.”
Managing Partner of Raine Ventures, Gordon Rubenstein, added: “We are confident with Paul Roy and Oleg Butenko’s strategic vision, their deep industry knowledge and excellent foresight, they will be able to elevate the group to the next level and we believe they have the opportunity to aggressively grow the platform.”
VY Esports was founded by CEO and founder Oleg Butenko, a digital entrepreneur who has founded businesses focused on music, telecom, and esports. As part of the acquisition, Oleg Butenko, Founder and CEO of VY Esports will be joining the board of Riva Technology and Entertainment. Additionally, Gordon Rubenstein, Managing Partner of Raine Ventures will be joining the advisory boards of both Riva Technology and Entertainment and Galaxy Racer.
Riva Technology and Entertainment (RTE) was founded in 2002 with a global presence stretching from the USA to East Asia. RTE has successfully been delivering the “vision of
tomorrow”. RTE’s group of companies hold an industry advantage in their ability to successfully take every project from concept to execution; all housed under one roof. The complementary companies cover location-based entertainment, brand and Intellectual Property licensing, content development, consumer products, gaming, and esports.
RTE has a 20-year history of dealing with partners in multiple sectors of the gaming industry, evidenced by their highly experienced core team.
Powered by WPeMatico
eSports
Lim “Ulsan” Soo-hoon Fights off the Competition to Reign as TEKKEN 8 at 2025 Esports World Cup Champion, Securing Back-to-Back EWC Titles

Lim “Ulsan” Soo-hoon has claimed the TEKKEN 8 at EWC 25 crown having beaten Yoon “LowHigh” Sun-woong in a 5-2 grand final finish. His victory secures DN Freecs their first win at EWC 25 as he takes home $250,000 of the $1,000,000 prize pool.
Lim “Ulsan” Soo-hoon had a strong run at EWC 25, losing just one series against Kim “Kkokkoma” Mu-jong in the first match of the second phase. From that point on, however, he went unbeaten on his way to the grand final, even taking down Kim “Kkokkoma” Mu-jong for revenge on his way back from the lower bracket.
In the semifinals, Lim “Ulsan” Soo-hoon booked his place in the grand final with a 5-3 finish over Kim “CherryBerryMango” Jae-hyun, securing his second EWC TEKKEN 8 grand final in a row. Ulsan showcased his mastery of Dragunov throughout the grand final, setting the scene with a decisive victory in the first set, before taking the title in the seventh set with a 5-2 win.
His grand final opponent, Yoon “LowHigh” Sun-woong, took down Team Vitality’s Jeon “JeonDDing” Sang-hyun in a 5-2 finish to lock his place in the grand final. The former EVO champion displayed his Bryan skills throughout the final against Ulsan, but it wasn’t enough to overcome the overall winner.
“I never expected this. I cannot imagine I would win again. I mean, this year I had a rough start; there was a nerf to Dragunov, I had a lot of difficulties – I wanted to prove myself on this stage, and I have done it,” said Lim “Ulsan” Soo-hoon. “It’s been like a dream to be here. Thank you to those who support me from everywhere, my team, my friends, all my partners, and especially the Kingdom of Saudi Arabia for making this the biggest tournament in the world.”
“I’m still hungry. I just want to make myself a legend,” said Lim “Ulsan” Soo-hoon.
Lim “Ulsan” Soo-hoon secured 1000 Club Championship points for DN Freecs, who, as a result, jumped up to joint-eleventh place in the Club Championship standings, with 1200 points. Despite having three players in the top eight, DN Freecs will only receive one lot of points.
It was a disappointing showing from Team Falcons in TEKKEN 8, as all three representatives were eliminated before earning any points. With only a few games left to earn points, Team Falcons had high hopes for TEKKEN 8. Elsewhere, Twisted Minds, who secured victory earlier in the day in PUBG, failed to make it two for two on Saturday, also failing to score points in TEKKEN 8 as Arslan “Arslan Ash” Siddique was eliminated by overall winner, Lim “Ulsan” Soo-hoon.
The post Lim “Ulsan” Soo-hoon Fights off the Competition to Reign as TEKKEN 8 at 2025 Esports World Cup Champion, Securing Back-to-Back EWC Titles appeared first on European Gaming Industry News.
eSports
Twisted Minds Clinch the PUBG: BATTLEGROUNDS at 2025 Esports World Cup Grand Prize, in the Closest PUBG Final in Years Twisted Minds avenge their 2024 EWC disappointment with a nail-biting win in the PUBG: BATTLEGROUNDS competition at the Esports World Cup 2025.

Twisted Minds have secured the PUBG: BATTLEGROUNDS at 2025 Esports World Cup title after coming out victorious in one of the closest PUBG finals ever.
Twisted Minds claimed the title after a ridiculously close final, making up for their failed run at Esports World Cup 2024. The side came into that event as the favourites, having won PUBG Global Series 4 just weeks before heading to Riyadh, but failed to bring it home on the big stage. They would go on to have a very successful end to 2024, but the loss on the EWC stage was a major blip on their impressive year.
Now, at EWC 2025, they have done it, by claiming the championship they craved – and they did so in style in one of the toughest and hardest-fought PUBG grand finals ever. With 12 teams in contention for the overall win by the final game, they held on out with plenty of tenacity and solid plays throughout each game to scoop a high amount of placement points.
This year’s finals will go down in PUBG history as one of the closest ever, as heading into the final two matches, anyone inside the top 12 could have theoretically won the entire event. The intense action of match 11 saw our first breakaway side as Twisted Minds started to pull away, giving themselves a significant lead for the final drop. Twisted Minds would struggle early in the final match, with just two players having to survive to the final stages alone. Eventually, it was just Dmytrii “Perfect1ks” Dubenyuk alive, but it was enough for Twisted Minds to secure an incredible overall victory.
“I’m feeling great, I feel like I’m just thankful for my team, thankful to my family, thankful to my girlfriend, and to the whole Twisted Minds family. To the fans that are here, it was the most amazing tournament, because this crowd was cheering us on the whole event. And now we are finally World Champions,” said Aleksandr “BatulinS” Batulin.
ROC Esports’ Gabriel “sxntastico” Silva was named the SONY MVP, after a series of impressive performances during the PUBG: BATTLEGROUNDS championship. His 18 kills and 25 knockouts were instrumental in ROC Esports’ surprising performance that saw them top the table at multiple points throughout the event. He will receive an additional $10,000 and the MVP medal to recognise his achievements.
Twisted Minds earn 1000 Club Championship points for their victory; sending them firmly into Championship contention, having moved from 2200 points to 3200 points, just 1200 points behind the leaders. The win is Twisted Minds’ second battle royale victory in the space of two weeks, having won Call of Duty: Warzone in Week 5, keeping their late charge well and truly on.
With a third place finish for Team Falcons, they gain a crucial 500 points in the Club Championship, sending them back into first place with a 200 point lead over Team Liquid. Elsewhere, Virtus.pro, who had the lead entering the final day of PUBG, could only bring home 50 points, enough to keep them joint fourth with newly crowned PUBG champions Twisted Minds.
The post Twisted Minds Clinch the PUBG: BATTLEGROUNDS at 2025 Esports World Cup Grand Prize, in the Closest PUBG Final in Years Twisted Minds avenge their 2024 EWC disappointment with a nail-biting win in the PUBG: BATTLEGROUNDS competition at the Esports World Cup 2025. appeared first on European Gaming Industry News.
eSports
From Street Fighter Glory to a Global Tetris Path: Inside the First-Ever Red Bull AFK Party

Mumbai turned into a gamer’s paradise as Red Bull hosted the first-ever Red Bull AFK Party – a one-of-a-kind celebration that brought together gaming, music, and culture in a way India has never seen before. Described by many as the coolest party for gamers, the night united the country’s top gaming creators, esports stars, and fans for an immersive, high-energy experience done the Red Bull way.
The party welcomed people the Red Bull way, with a real static Formula 1 car right at the entrance. Inside, the venue transformed into a playground for gamers: an adrenaline-pumping RC Racing Track hosted by Ocean Sharma, Red Bull Athlete V3nom’s Reflex Challenge to test reaction speeds, Retro Arcade Section with a life-sized PAC-MAN and Tetris arcade, while the Console Gaming Zone buzzed with intense matches in EA FC 25 and Street Fighter.
As the night wore on, the gaming gave way to a packed dance floor with sets from OG Shez and DJ Kaartl.
V3nom on Red Bull’s Push for Gaming in India
The Red Bull AFK put Red Bull’s gaming athletes at the heart of the experience, showing the brand’s commitment to growing the ecosystem. As V3nom summed it up:
“Red Bull is getting into gaming full-on, hosting a lot of events and bringing together top creators and gaming athletes at gatherings like Red Bull AFK. It’s a huge and positive step for the community. I’m really happy to see it, and I hope events like this continue because we have so much more to do for gaming in India, ensuring future generations can make the most of the opportunities ahead.”
When asked about his favorite part of the party, V3nom added: “I think my V3nom Reaction Challenge, because it combines a bit of fitness with reaction time, and tests your reflexes — which are essential for gaming.”
From Mumbai to Dubai – The Tetris Challenge
One activation that had everyone talking was the Tetris challenge, inspired by Red Bull Tetris. Here, players could stack their way up the leaderboard for a chance to represent India at the Red Bull Tetris World Finals in Dubai later this year — bringing a global competitive pathway right to the AFK floor.
Jonathan’s Championship Moment
Another highlight was the Street Fighter x BC One Dance-Off, a crossover where gaming skill met dancing. Four creators — Jonathan, Ocean, Sharkshe, and V3nom — each teamed up with a professional dancer for a two-part battle.
After Sharkshe edged past Ocean and Jonathan toppled V3nom in the semis, the grand finale saw Jonathan dominate in Street Fighter before his dance partner delivered a flawless routine to seal the win.
The post From Street Fighter Glory to a Global Tetris Path: Inside the First-Ever Red Bull AFK Party appeared first on European Gaming Industry News.
-
Africa7 days ago
Logifuture-powered Bet9ja partners with heavyweight boxing sensation Moses Itauma
-
Australia6 days ago
Tracy Parker Joins Judging Panel for Inaugural RTG Global Awards
-
Australia6 days ago
JCM Global Celebrates 70 Years of Industry-leading Innovation at AGE
-
Asia6 days ago
Philippine Senate to Launch Inquiry into Online Gaming industry
-
Australia5 days ago
VGCCC Imposes $80,000 Fine on Online Bookmaker QuestBet
-
Asia5 days ago
Faster Guest Entry at Korea’s INSPIRE Entertainment Resort’s Casino, Powered by Regula’s Technology
-
illegal gambling5 days ago
Coljuegos Transfers More Than $127M to the Subsidized Health System in Colombia During H1 2025
-
Latest News3 days ago
Be Heard Above the Noise: Booming Games’ Dorota Gruszka on Standing Out in the Crowded Slot Studio Market