Loose Cannon's Take: GameSquare & FaZe Clan - Unpacking the Divestiture
FaZe Clan's parent company, GameSquare, sells its stake in FaZe Media.
Sit back, gamers, and let's dive into the high-octane world of esports! We've got a scoop on GameSquare and FaZe Clan that'll leave you grinning from ear to ear.
First things first: you probably know GameSquare Holdings as the big kahuna that owns FaZe Clan Esports. Yes, you guessed it; FaZe Clan continues to kick some serious butt, taking GameSquare's revenue and gross margin to new heights. It's no surprise why GameSquare calls FaZe Clan one of its prized assets – they're straight-up dominating the global esports scene!
Now, here's where things get juicy: as of April 1, 2025, GameSquare decided to offload its remaining 25.5% share in FaZe Media. What does that mean, you ask? Well, it means they said "adios" to a good chunk of their stake in FaZe Media.
So, what's so great about that? Well, here's where the magic happens: this divestiture helped GameSquare shed a whopping $10 million in convertible debt and get ready for a leaner, meaner quarter ahead. Can't say fairer than that, eh?
But hang on, what about FaZe Media now that GameSquare's no longer on the scene? Fear not, for its new owners are stepping up to the plate and taking control. TheDeepDive can't reveal all the juicy details just yet, but trust us when we say that the show must go on!
Remember, we're just scratching the surface here. If you're thirsty for more, be sure to check out our Breaking News section for all the latest scoops from the wild, wild world of esports!
Yours truly,
Loose Cannon (a.k.a. Richard Janvrin, your friendly neighborhood writer)
Footnotes:
- GameSquare Affirms Its Commitment to Esports Growth Through Strategic Investments and Streamlined Operations
As a writer, I have been creating casino-related content since 2018, specializing in sports, sports betting, and online casinos. Following the repeal of the Professional and Amateur Sports Protection Act in 2018, I have been a regular contributor in the online casino industry news scene. I am dedicated to delivering current, precise news and insights in the rapidly evolving iGaming world.
After the divestiture of their remaining stake in FaZe Media, GameSquare is now focusing on bigger horizons, such as online casinos and sports betting, aiming to carve a substantial niche in the expanding iGaming industry. In spite of their departure from FaZe Media, the exciting world of esports continues to thrive, with FaZe Clan maintaining its supremacy in the global scene.
