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Gamasutra — UK retailer Game sells Belong esports network to U.S. startup Vindex. News• Jul 30, 2020. PocketGamer — Esports firm Vindex to buy Belong

The Belong brand was launched by GAME back in 2016, with these stores featuring esports arenas that consumers could go to in order to watch matches and take part in competitions. Vindex has said that it plans to invest $300 million in the Belong brand over the next five years and intends to open over 500 arenas in the United States as well as 1,000 locations around the world. With Vindex readying-up to build Belong overseas, we’re excited to see more arenas popping up globally in 2021. Let us know where you think we’ll be going next!

The news comes via the Financial Times, and later confirmed by Vindex themselves. Vindex acquires GAME’s Belong Gaming Arenas Esports infrastructure firm Vindex acquired GAME’s Belong gaming area division and has lofty plans for the model. Vindex intends to speculate $300 million in Belong over the following 5 years, opening over 500 esports venues in the USA and an additional 1,000 in different nations, with a deal with Europe. Vindex will operate Belong Gaming in the US from its New York headquarters, and immediately begin rolling out Belong Arenas across the country.

Vindex has said that it plans to invest $300m in the Belong brand over the next five years and intends to open over 500 arenas in the United States as well as 1,000 locations around the world. The deal also sees GAME Digital CEO Martyn Gibbs ( pictured ) departing the company to take up the chief exec role for Belong Gaming.

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2020-07-29 · Vindex’s subsidiary, Esports Engine, is expected to design and operate the Esports events and tournaments held throughout Belong Gaming’s network of arenas. Game Digital will continue running the gaming arenas as a licensed operator in the U.K. and Spain, while Vindex will be provided an exclusive license agreement for the Belong Gaming brand within those specific regions. GAME operates over 500 video game retail stores and launched Belong in 2016 to build a network of local gaming communities that play, watch, and compete together in state-of-the-art gaming centers.
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- Vindex acquiring Belong Gaming Arenas brand and all associated IP - GAME will continue to own and operate all gaming arenas in the UK and Spain, Vindex has acquired the hometown esports Belong Gaming Arenas model and all related IP from European recreation retail large GAME Digital.

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GAME has sold Belong, their network of esports arenas, to US startup company Vindex for a reported $50 million. The news comes via the Financial Times, and later confirmed by Vindex themselves. Vindex acquires GAME’s Belong Gaming Arenas Esports infrastructure firm Vindex acquired GAME’s Belong gaming area division and has lofty plans for the model.

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11 Nov 2020 Vindex, the leading global esports infrastructure company, today In July 2020, Vindex acquired the Belong Gaming Arenas brand and all

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Vindex acquired Belong from UK-based retailer Game Digital in July of 2020. At the time, the company said that it would invest $300M USD over the next five years, and open 1,000 locations globally. Some of those locations will be in the United States, which Arizmendi-Kalb has been brought on to spearhead.

New York-based Vindex will buy Belong Gaming in a deal with the UK retailer that values the network of gaming sites at about $50m, according to people close to the transaction. 2020-07-30 · Vindex announced the purchase of Belong Gaming on Wednesday and plans to spend $300 million over the next five years to open 1,000 esports gaming centers, including in Dallas and New York City Vindex says it will invested $300 million to expand Belong in the US and globally, which will include 500 locations in the US and 1,000 locations worldwide through licensing partners. Vindex, the leading global eSports infrastructure company, last week acquired the Belong Gaming Arenas brand from GAME DIGITAL LIMITED (“GAME”), the largest video games retailer in the UK and For the week ending 31/07/20 on ESI Digest, we cover controversial deals with NEOM, Vindex's monumental acquisition of Belong, FaZe Clan's deal with Verizon, Vindex also announced plans last year to roll out over 500 esports venues in the US and a further 1000 in other countries via Belong.

Read more. Join in the 31 Jul 2020 Vindex, which was founded by Mike Sepso and Sundance DiGiovanni last year, will reportedly invest $300m in Belong to help it expand with Gamasutra — UK retailer Game sells Belong esports network to U.S. startup Vindex. News• Jul 30, 2020.