News/Karmine Corp Acquires LEC Slot: Difference between revisions

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News/Karmine Corp Acquires LEC Slot
(Created page with "{{News |seo_title=Karmine Corp Acquires LEC Slot |seo_keywords=Karmine Corp |image=Karmine corp banner.png |tags=Karmine Corp, LEC |date=2023-10-19T14:56:15.000Z |sources={{NewsSource |source=Dexerto |url=https://www.dexerto.com/league-of-legends/karmine-corps-lec-announcement-2342277/ |article=News/Karmine Corp Acquires LEC Slot }}{{NewsSource |source=Dot Esports |url=https://dotesports.com/league-of-legends/news/breaking-karmine-corp-officially-joins-lec-for-2024-seaso...")
 
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|category=Business
|category=Business
|game=League of Legends
|game=League of Legends
|content=French esports organization Karmine Corp is set to join the LEC. This move comes following Karmine Corp's acquisition of a majority stake in the slot owned by the Danish esports organization Astralis. Karmine Corp secured its LEC slot by purchasing a 66.67% stake for DKK 129 million, which is roughly equivalent to $18m. Consequently, Astralis will retain a minority ownership of the slot.
|content=French esports organization [[Companies/Karmine Corp|Karmine Corp]] is set to join the LEC. This move comes following Karmine Corp's acquisition of a majority stake in the slot owned by the Danish esports organization Astralis. Karmine Corp secured its LEC slot by purchasing a 66.67% stake for DKK 129 million, which is roughly equivalent to $18m. Consequently, Astralis will retain a minority ownership of the slot. [[News/Arènes de l’Agora Stadium Revealed|Karmine Corp recently revealed its plans for a new esports stadium.]]


{{Twitter|url=https://twitter.com/KarmineCorp/status/1714704130755661937}}
{{Twitter|url=https://twitter.com/KarmineCorp/status/1714704130755661937}}

Latest revision as of 15:03, 19 October 2023

Written by Dante Uzel on 19 October 2023 14:56

Karmine corp banner.png

Source: Karmine Corp


French esports organization Karmine Corp is set to join the LEC. This move comes following Karmine Corp's acquisition of a majority stake in the slot owned by the Danish esports organization Astralis. Karmine Corp secured its LEC slot by purchasing a 66.67% stake for DKK 129 million, which is roughly equivalent to $18m. Consequently, Astralis will retain a minority ownership of the slot. Karmine Corp recently revealed its plans for a new esports stadium.

Maximilian Peter Schmidt, Director of League of Legends Esports EMEA at Riot Games, stated “Astralis has been a valued partner to us throughout its time in the LEC, and we wish the organization the very best with its future endeavours."

Tags: Karmine Corp LEC

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