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❘ Revealed: 2022-12-06T22:38:30
❘ Up to date: 2022-12-06T22:38:38
In an announcement launched on December 6, cowana Gaming, one of many largest esports organizations in Germany, introduced that it’s ceasing operations on the finish of 2022.
The statement, launched on Twitter in a Twitlonger put up, defined that their closure is because of an “worldwide disaster” and the truth that many components of their enterprise had been “not executable.”
“The protracted nature of those circumstances has led us to determine to discontinue the [business] on the finish of the 12 months,” cowana Gaming’s assertion stated.
The German esports group stated that it’s going to pay out the remaining salaries of its esports gamers and workers by the top of the 12 months, and that it’s going to launch them of their contracts, as properly.
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The group’s web site lists itself as having a CS:GO roster, a WarCraft participant, and 4 sim racers. The CS:GO group parted methods with the group in November 2022. The org beforehand had a Rainbox Six squad, a Name of Obligation roster, a Valorant group and a League of Legends roster.
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cowana Gaming shuts down after two years
The German esports group is owned by cowana Advertising and marketing, a advertising and marketing company based mostly out of Langenzen, Germany. The corporate additionally organizes sim racing occasions along with its esports arm and covers sim racing information with SimRacing Limitless.
Whereas not on the worldwide consciousness stage of BIG, one other German esports big, cowana Gaming had an honest attain in Europe and at one time had esports groups in a number of titles. The org’s highest achievement in esports was the CS:GO roster’s fifth-place end at ESL Meisterschaft: Autumn 2022. The group additionally certified for the European Professional League in Rainbow Six.
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The group has additionally been accused of not paying salaries to its former CS:GO gamers, with many stating so of their posts about leaving the German esports group.
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