NODWIN Gaming has divested its full ownership stake in the Evolution Championship Series (EVO) to RTS, signaling a strategic shift for the esports company. Despite this move, NODWIN plans to continue supporting EVO’s growth in emerging markets as a regional partner.
EVO, known as one of the largest fighting game tournaments globally, serves as a gathering ground for players, publishers, and fans from around the world. RTS will now take charge of driving the platform’s expansion on the international stage.
This decision aligns with NODWIN Gaming’s new emphasis on emerging gaming markets, with a commitment to investing in local intellectual properties and fostering ecosystem development in high-growth regions of the Global South.
Financially, NODWIN has seen a positive trend, returning to an EBITDA-positive position in Q3 FY26. The company’s revenue for the first nine months of FY26 stood at Rs 530.3 crore, marking a notable 58% year-on-year growth.
Collaboration between NODWIN Gaming and RTS will facilitate EVO’s expansion into emerging markets, with further developments anticipated in the near future.
Source: Entrackr : Latest Posts