The European Union (EU) has been urged to improve and align standards and safeguards related to loot boxes’ design features and consumer interactions. The recommendation follows research undertaken by the EU’s committee on ‘Internal Market and Consumer Protection’ (IMCO), which analysed ‘loot boxes in online games’ and ‘their effect on young consumers’. The IMCO report has been described as the …
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Luckbox outlines final TSXV roadmap
Luckbox has revealed its final IPO schedule, as the esports bookmaker anticipates an early October listing on the Toronto TSX Ventures Exchange (TSXV). Updating investors, the Isle of Man-based operator confirms that it has closed its pre-IPO bookbuild, securing back-to-back oversubscribed funding rounds raising a total of CAD $5 million (€3.3m). Luckbox management states that the ‘significant upsizing’, is a …
Read More »Esports Entertainment appoints Jeff Cohen as IR lead
The newly formed Esports Entertainment Group has strengthened its executive leadership ranks after confirming the appointment of Jeff Cohen as Vice President of Strategic Planning and Investor Relations. A seasoned Wall Street executive, Cohen is the former equity analyst lead for private investment fund Stephens Inc, covering esports, gaming and further entertainment sectors. Cohen has maintained further IR experience having …
Read More »IoM Digital appoints Chris Kissack as esports lead
The Isle of Man Government has confirmed the appointment of Chris Kissack as Head of Esports for its digital agency – Isle of Man Digital (IoM Digital). Taking office on 3 August, Kissack will be tasked with spearheading the Isle of Man’s launch of an esports enterprise programme, aimed at attracting new businesses to the self-governing British Crown jurisdiction. A …
Read More »Growth hungry PandaScore nets back-to-back client wins
Esports data, odds and statistics supplier PandaScore has announced that it has secured back-to-back bookmaker partnerships with Betcris and Pixel.bet. Seeking to revamp its wagering markets, leading LATAM sportsbook BetCris has installed PandaScore’s real-time esports odds and data API. Branded as a major product directive, BetCris has moved to deepen its sportsbook offering with further esports markets mitigating a disrupted …
Read More »Scout Gaming secures £6.5m through bookbuild
B2B Daily Fantasy Sports provider Scout Gaming Group has completed two directed share placements in which the firm has received an estimated £6.5m (SEK75m) and over three million new shares. In total the firm issued 1,835,062 shares through an accelerated ‘book building’ procedure, which calculated to around SEK45m. Additionally the firm’s second share issue was through US-based institutional investor Topline …
Read More »DraftKings CBO – Industry ‘only just scratched the surface’ of US sports betting
Ezra Kucharz, Chief Business Officer at DraftKings, believes there are still big things to come from the US market when it comes to sports betting and told audiences at the SBC Digital Summit North America that the industry can play a huge role in fan engagement for US sports while they are unable to allow spectators at games. “What is …
Read More »SIS doubles esports output with Competitive Gaming expansion
Sports Information Services (SIS) has strengthened its esports coverage after doubling its output of content available through its SIS Competitive Gaming product. The additional output will feature a greater number of live head to head competitions between skilled and qualified gamers, including the SIS Blitz League. Rohini Sardana, Head of Product Proposition at SIS, said: “Following the successful launch of …
Read More »GG.Bet scores ESL Counter-Strike & Dota 2 global partnerships
Curacao-based esports bookmaker GG.Bet has become the official global betting partner of pro-esports organisation ESL for Counter-Strike: Global Offensive and Dota 2 tournaments. The arrangement will cover all ESL One and Intel Extreme Masters (IEM) tournaments through the rest of the year, as well as the ESL Pro League Seasons 11 and 12. GG.Bet will provide odds for each tournament …
Read More »BETBY grows esports portfolio with Rocket League addition
Sports betting supplier BETBY has strengthened its esports portfolio with the addition of a Rocket League variant to its Betby.Games offering. The new addition will deliver a range of markets and betting options, and can be integrated and active for an operator via an API integration. Developed by EPIC Games, Rocket League is a vehicular multi-player soccer game, which has …
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