Counter Logic Gaming Majority Owner Reports a Net Loss of $81M for Q1 FY 2020

Counter Logic Gaming Majority Owner Reports a Net Loss of $81M for Q1 FY 2020

Counter Logic Gaming Majority Owner Reports a Net Loss of $81M for Q1 FY 2020

The Madison Square Garden Company reported a net loss of $80.7M USD and net revenues of $215M for its first quarter of its FY 2020 for the period ended Sept. 30. Costs were primarily increased due to an esports related project, the MSG Sphere, a new entertainment venue to the Venetian Resort in Las Vegas […]

The post Counter Logic Gaming Majority Owner Reports a Net Loss of $81M for Q1 FY 2020 appeared first on The Esports Observer.

Published at Mon, 11 Nov 2019 20:24:00 +0000

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