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'We're Plowing Uncharted Waters': Founder Of First Esports IPO Discusses Company, Gaming's Future

Hicham Chahine, founder and CEO of the newly public NIP Group (NASDAQ:NIPG), joined Benzinga’s PreMarket Prep on Wednesday to discuss his company and the gaming industry’s future. It was a big week for esports. NIP Group, whose acronym is derived from its “Ninjas in Pyjamas” esports teams, went public on July 26. On July 23, the International Olympic Committee announced the creation of the Olympic Esports Games in 2025. Also, the Esports World Cup is currently in competition. “For the industry, it’s extremely exciting,” Chahine said. “For our company, it’s also a new chapter — a new journey that we’re embarking on. It’s great to have the Olympics ...