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Macau Tycoon Stanley Ho Son Mario Ho Co-Founded eSports Company NIP Group Raised $20.25 Million in Nasdaq IPO at $734 Million Valuation, Share Price Flat at $9.02 from IPO Price of $9 on Day 1 of Trading on 26th July 2024, Shareholders Include Government of Wuhan, Ninjas in Pyjamas Founder Hicham Chahine, eStar Gaming Founder Sun Liwei & Mario Ho
28th July 2024 | Hong Kong
The late Macau tycoon Stanley Ho’s son Mario Ho co-founded eSports company NIP Group has raised $20.25 million in the Nasdaq IPO at $734 million valuation, with share price flat at $9.02 from IPO price of $9 on day 1 of trading on 26th July 2024. Shareholders include Government of Wuhan, Ninjas in Pyjamas Founder Hicham Chahine, eStar Gaming Founder Sun Liwei & Mario Ho. Macau billionaire and casino tycoon Stanley Ho had died at the age of 98 (1921 – 2020), on the 26th May 2020. Known as the “King of Gambling”, he is one of the most recognisable businessman in Asia building the largest casino, gaming and entertainment empire in Macau and in Asia. In 2018, he announced his retirement and is estimated then to have a personal net fortune of $6 billion. The Legacy of Stanley Ho – Stanley Ho, named after his family’s summer home – Stanley, was born in 1921 in Hong Kong to 1 of 4 wealthiest family in Hong Kong. His family is Eurasian and his father (Ho Sai Kwong) was the chairman of the Tung Wah Group of Hospitals. In the late 1920s, the family business collapsed and he subsequently moved to Macau, the-then neutral Portuguese territory during World War 2 (WW2). About NIP Group Inc. – NIP Group Inc. is a leading esports organization with the most expansive global footprint by virtue of its operations across Asia, Europe and South America. Among the top ten esports titles in the world in terms of prize pool, it wins in tier-1 world tournaments in CS:GO, Honor of Kings, Rainbow Six and FIFA represent more unique game titles with top-tier wins than any other esports organization as of January 31, 2023. NIP Group Inc. was founded based on a passion for esports and belief that esports can create the same types of historical and legendary experiences and memories as traditional sports have for the past century.
“ Macau Tycoon Stanley Ho Son Mario Ho Co-Founded eSports Company NIP Group Raised $20.25 Million in Nasdaq IPO at $734 Million Valuation, Share Price Flat at $9.02 from IPO Price of $9 on Day 1 of Trading on 26th July 2024, Shareholders Include Government of Wuhan, Ninjas in Pyjamas Founder Hicham Chahine, eStar Gaming Founder Sun Liwei & Mario Ho “
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About NIP Group Inc. – NIP Group Inc. is a leading esports organization with the most expansive global footprint by virtue of its operations across Asia, Europe and South America. Among the top ten esports titles in the world in terms of prize pool, it wins in tier-1 world tournaments in CS:GO, Honor of Kings, Rainbow Six and FIFA represent more unique game titles with top-tier wins than any other esports organization as of January 31, 2023. NIP Group Inc. was founded based on a passion for esports and belief that esports can create the same types of historical and legendary experiences and memories as traditional sports have for the past century.
NIP Group Inc. operates two esports brands: Ninjas in Pyjamas and eStar Gaming. Ninjas in Pyjamas, its PC/console esports brand, was founded in 2000 in Sweden, while eStar Gaming, its mobile esports brand, was founded in 2014 in China. Competing at the highest levels in multiple esports titles over two decades, Ninjas in Pyjamas has earned recognition as one of the most storied, recognized and iconic brands in the esports world. At the same time, eStar Gaming, its mobile esports brand, is the top team in the Honor of Kings King Pro League (KPL), one of the most successful teams in KPL history in terms of titles and widely considered to be the most successful mobile esports team in the world. NIP Group Inc. has a comprehensive portfolio of esports teams, competing at the highest level in video game titles such as League of Legends, CS: GO, Honor of Kings, Rainbow Six, Rocket League, Fortnite and Call of Duty Mobile.
Macau Tycoon Stanley Ho Son Mario Ho Co-Founded eSports Company NIP Group Raised $20.25 Million in Nasdaq IPO at $734 Million Valuation, Share Price Flat at $9.02 from IPO Price of $9 on Day 1 of Trading on 26th July 2024, Shareholders Include Government of Wuhan, Ninjas in Pyjamas Founder Hicham Chahine, eStar Gaming Founder Sun Liwei & Mario Ho
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