Esports

PandaScore has bolstered its client services by appointing David Trehondart as Head of Customer Success of the esports data and odds provider. Trehondart joins PandaScore’s senior management team from leading US big data and intelligence services provider Palantir, where he formally served as a Deployment Strategist. Further experience has seen Trehondart manage high-profile B2B clients for Uber Eats as Restaurants …

Sports betting games provider ParlayBay has formed an alliance with GRID Esports as it looks to power its next-generation gaming experience.  The link-up between the two will see ParlayBay be able to build and utilise sports betting games for the esports vertical, aided by GRID Esports as its supplier of esports data.  Patrick Nordwall, CEO at ParlayBay, commented: “We are …

Alberto Garzon, Spain’s Minister of Consumer Affairs, has vowed that Spain will become the first European country to have a ‘specific law’ to govern loot box and video game incentives.  The measure was declared at a video games seminar hosted by the Ministry of Consumer Affairs, which since 2020 has led the federal overhaul of Spain gambling laws. Garzon declared …

Sports Information Services (SIS) has reorganised its senior management team, as part of its ongoing diversification and international growth strategy.   The supplier of 24/7 live betting services has confirmed the promotion of Head of Trading, Adam Conway, to the newly formed role of Head of Competitive Gaming. A 20-year trading specialist, Conway will be charged with overseeing the full operation …

Esports Entertainment Group (EEG) has announced that it will revise its operating portfolio in order to improve its current liquidity position.  Publishing its Q3 2022 financial results, the Nasdaq-listed operator outlined that despite recording a two-fold increase in corporate revenues to $15.7m (Q3_2021: $5.3m), it faced a series of ‘near term challenges’ impacting its bottom-line performance. “Our fiscal third quarter …

EPIC Risk Management has cited an ‘apparent’ convergence between video games and gambling in the form of loot boxes, calling for greater restrictions on the controversial assets.  The gambling harm prevention consultancy organisation has argued in favour of a ban on sales of the products to under-18s as well as improved education for parents and guardians.  Prohibition of loot box …

Low6 has updated its UltimateFan fantasy sports product to include NFTs, seeking to offer a ‘new frontier’ of possibilities for sports, betting and affiliate firms.  The NFTs will be incorporated into the mobile-based UltimateFan offering as the ‘UF Coach’ feature, with the goal of combining NFTs and fantasy sports using in-game and out-of-game structures.  Birmingham-based Low6 intends to use this …

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 …

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 …

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 …