Esports

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 …

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 …

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 …

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 …

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 …

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 …

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 …