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Immortals acquires Brazilian esports brand and picks up new sponsors

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Global esports team organization Immortals said it has acquired the Brazilian brand MIBR and hired the team roster for the Brazilian SK Gaming Counter-Strike: Global Offensive (CS:GO) team.

In addition, Immortals is announcing sponsor partnerships with dating app Tinder and online gambling site Betway. Such sponsors could go a long way toward making esports teams financially sustainable. Global esports revenues will grow 38 percent to $906 million in 2018 and further grow to $1.65 billion by 2021, according to a new annual report on esports by market researcher Newzoo.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.