Esports & Fantasy

Bayes Esports facilitates new growth opportunities with latest funding round

Bayes Esports has closed its latest financing round of €6m, a cash injection that CEO Martin Dachselt believes will deliver sustainable growth for the company and help “professionalise the esports industry”. Last year, the Berlin-based esports company raised more than €10m, and this figure is expected to double over the course of the next 12 months. Among the main investors …

Read More »

EBET attributes 166% quarterly revenue rise to European expansion

Esports betting operator EBET has reported a quarter-on-quarter revenue increase of 166%, shortly after rebranding from its former identity as Esports Technologies.  As of 31 March 2022, EBET’s Q1 revenue stood at $19 million, with a gross profit of around $7 million and a cash position of $7.1 million – figures the firm attributed to acquisitions in the European sports …

Read More »

Rivalry expands into second regulated market with Australian entry

Canadian sportsbook and esports betting provider Rivalry Corp has gained market access in Australia, securing a licence from the Northern Territory Racing Commission (NTRC). The development marks Rivalry’s second market entry, building on last month’s launch in the Ontario market, and the firm has detailed it has already accepted deposits and bets in Australia.  Under the conditions of the Racing …

Read More »

Sorare: How NFTs add the ‘extra dimension’ to the sporting experience

NFTs are infiltrating numerous industries, with both major sports leagues and betting companies increasingly drawn towards the emerging digital assets, although this has not gone unnoticed by regulators. Shortly after assuming his position as Head of Sales at Sorare, the providers of an NFT-based digital fantasy football platform, Dan Sormaz discussed sports’ engagement with the blockchain with Insider Sport, whilst …

Read More »

Messi & Del Piero lead Socios.com global advertising charge 

This weekend, football fan token platform Socios.com premiered its first global advertising campaign featuring ‘football gods’ Alessandro Del Piero and Lionel Messi. Titled “Together We Can Be More”, the campaign is focused on promoting the unrestricted benefits of Socios fan tokens to football fans worldwide, regardless of traditional boundaries. Founded by former igaming entrepreneur Alexandre Dreyfus, the Socios.com platform works …

Read More »

ADM ordered to clarify laws on esports gaming venues

Italy’s Agency of Customs and Monopolies (ADM) has caused uproar in the esports community by shutting down three ‘digital entertainment venues’ located in the North of Italy.  The government agency that oversees gambling policies across Italy’s 20 regional provinces shut down the ‘three gaming halls’ that were deemed to have ‘lacked any form of authorisation, licence and concession’. The venues …

Read More »

BETER expands transparency and integrity efforts across live events

Betting and gaming solutions supplier BETER has extended the scope of its integrity and transparency operations covering its live events.  Strengthening of such measures will cover the Setka Cup and ESportsBattle tournaments, with the company’s policies developed in line with the standards of the International Olympic Committee (IOC) and other international sports bodies.  “The utmost reliability of tournaments and principles …

Read More »

PandaScore: How game literacy requirements impact barrier to entry in esports and betting

With interest in esports as a betting product continuing to rise, Oliver Niner, PandaScore’s Head of Sales, highlights the importance of simplicity when promoting the market to the general consumer.  To read Oliver Niner’s interview with SBC about the distribution, consumption and operation of esports betting products, click here. Esports has seen consistent growth year-on-year, with more viewers, companies, consumer brands …

Read More »

Esports Technologies rebrands as EBET to reflect multi-product vision

In a bid to better reflect its corporate mission and the young demographic audience it targets, Esports Technologies has rebranded as EBET. The new corporate identity has been chosen to showcase the company’s expanded services, which now includes traditional sports and casino games alongside its flagship esports offering.  Additionally, the firm has also stated the rebrand better reflects its target …

Read More »

Betby to power launch of BC GAME crypto-sportsbook

Betby has secured its latest sportsbook partnership, powering the launch of crypto-based operator BC GAME, as the latter makes its debut in the sports betting space.  The sportsbook supplier will provide its full solution to BC GAME, including a customisable product, a reporting tool and supper systems, as well the Betby.Games range of esports titles.  Betby’s esports products are AI-driven …

Read More »