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FaZe Clan Esports Scores Record $2 Million in Prize Winnings at Inaugural Esports World Cup
The Esports World Cup, held from July 3 to August 25 in Riyadh, Saudi Arabia, gathered the world's top esports clubs competing for over $60 million in prizes. FaZe Clan, a subsidiary of GameSquare Holdings, Inc., finished in sixth place out of more than 500 teams.
FaZe Clan earned approximately $2 million in prize winnings, the largest in their history. Competing in six titles, they secured two podium finishes and ranked in the top ten for four titles, contributing significantly to GameSquare's expected revenue for the 2024 third quarter.
The event featured 21 game titles and included numerous fan activities. GameSquare's CEO, Justin Kenna, expressed excitement over FaZe Clan's performance, emphasizing the growing interest and engagement in the esports community.
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