Envy Gaming has agreed to take over the operating contract for the Texas Esports Stadium Arlington for the next several years. The Texas-based organization is the parent company of Envy, OpTic Gaming, OpTic Texas and the Dallas Fuel. The deal cost more than $2 million.
An expensive deal that will pay off?
Things have been going well for Envy lately, with the company growing nonstop since its $40 million investment led by Gray Television last March. Now, Envy Gaming has signed an 8-year, $2.35 million contract to operate Esports Stadium Arlington. This stadium opened in November 2018 as a venue for large-scale Esports events. The venue has 10,000 square feet of space, an RGB stage, 90-foot LED displays and impresses with all kinds of visuals.
Envy has officially taken over and acquired the Esports Stadium in Arlington, Texas.
I have been told they are going all in on building it out along with it's live events business
With the power of OpTic/Envy, this is HUGE
— Jake Lucky (@JakeSucky) January 13, 2022
“Esports Stadium Arlington is undoubtedly the best venue in North America for any publisher or league considering a spectator Esports event,” said Geoff Moore, president of Envy. “Holding Esports Stadium Arlington to a high standard is a natural extension of what we strive for at Envy Gaming: We want to give everyone who loves gaming the opportunity to enjoy great competition in a social setting. Live events and the reactions they evoke from players and spectators create a unique experience for both the fans participating and everyone watching the broadcast. The beauty of Esports Stadium Arlington is that this valuable experience can be created very efficiently.”
Envy aims high
Envy snagged a huge venue with the stadium for Esports events – a smart move. Specifically, it involves an agreement with Esports Venues LLC, which is owned by Neil Leibman. In a sense, the stadium has returned to its original owners with Envy’s acquisition. Envy acquired OpTic Gaming last November, and it was Infinite Esports & Entertainment, OpTic’s former parent company, that originally set up the venue.
— Allied Esports – $AESE (@AlliedEsports) January 14, 2022
When Infinite dissolved and OpTic became owned by Immortals Gaming Club, NGAGE Esports became independent and continued to operate the stadium until December 2020, when new management took over. Now Envy Gaming has taken control. Most recently, Esports Stadium Arlington hosted the Esports Awards in November 2021, which was watched by more than 300,000 spectators.
Envy will host its first project in 2022 at Esports Stadium Arlington with the Call of Duty League season opener. All 12 teams, as well as local fans, will be in Arlington Jan. 21-23 for the CDL Kickoff Classic. With the management of Esports Stadium Arlington in Texas, Envy now plans to host even more home games for Esports teams.
Envy & OpTic have announced that they've taken over operations of Esports Stadium Arlington, Texas.
It's an 8-year deal for $2.35 million. First 3 years at $250k. pic.twitter.com/fziocc12LW
— DubzyJD (@DubzyJD) January 13, 2022