Newzoo

Stock down after hours; dip in quarterly net sales missed analysts’ expectations

Company earned $1.2bn from selling virtual currency to users as it heads for IPO

November launch will put PS5, Xbox in head to head battle

Owner and developer of e-sports teams plans to raise £20m by listing 40% of shares

Esports is a sport played for spectators, sponsors and huge cash prizes writes Meabh Connellan

Enormous arenas are being built with electronic sports in mind