Big news for our local esports scene
Riot Games Oceania has announced a major investment group, Guinevere Capital has secured controlling interest in Oceania League of Legends esports team Dire Wolves.
Guinevere Capital helmed by Managing Director, David Harris has worked across top Australian and International sports organisations including the English Premier League and NRL. This move will help bring a wealth of resource and experience from traditional sports to the team and league.
David Harris from Guinevere Capital has mentioned that the organisation “are committed to Dire Wolves’ long term vision in building a serious sporting franchise that fans can passionately support and will last for many years to come. We want to raise the bar of professionalism in esports locally and help an Oceania team break-through to Worlds to play for an audience bigger than the population of Australia.”
Head of Esports at Riot Games Oceania, Daniel Ringland has also said that “The OPL is becoming increasingly popular for investors and sponsors as the league and esports continues to grow in Oceania. Investors help establish a support network for the players, which in turn sees the quality of performance increase in the team and the league, so it’s great to have Guinevere Capital on board with Dire Wolves.”
“I’m thrilled to have Guinevere Capital on board and look forward to working very closely with them to further legitimise and push Oceanic esports forward. Not only resources, but also the sporting and business expertise that David and his team bring will provide significant value to our players, fans, existing and future sponsorships,” said Nathan Mott, Founder and CEO of Dire Wolves
The announcement of this investment is huge for our local esports scene and further proves the growth and recognition of competitive gaming in Australia.