World Chess PLC (GB:CHSS) has released an update.
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World Chess PLC, a chess organization and FIDE partner, reports a steady revenue of €1.2m with a reduced pre-tax loss of €1.9m, and a successful fundraise of €1.5m for the first half of 2024. The company has launched new digital initiatives, including the ‘Swiss Queens Wednesday’ online women’s tournament and an enhanced chessarena.com, while also announcing a new strategic investor and the continuation of high-profile chess events like ‘Clash of Blames’. These developments aim to increase market share and drive chess into dynamic new spaces.
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