Esports wagering platform Luckbox has completed its pre-IPO financing round, raising CAD $4.5 million (€3m) in working capital. This June, Luckbox announced that it would host a private investor funding round ahead of its planned Summer IPO on Toronto’s TSX Ventures Exchange. Following an initial oversubscribed placement, co-led by Gravitas Inc and Beacon Securities, Luckbox raised CAD $3.8 million (€2.5m) …
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RPGG Media, the operating company of Puntt, has confirmed that it has entered a licensing arrangement with esports software publisher Aquarius AI Inc. The partnership will grant Vancouver-based Aquarius AI the exclusive rights to operate the Puntt esports wagering platform for Canada. Launched at the start of the year, the Puntt platform has merged traditional pool betting dynamics with unique …
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Entertainment Laboratories (Enlabs) has secured a new partnership with EveryMatrix which has seen the two launch an esports betting service via Enlabs’ flagship brand, OPTIBET. EveryMatrix will supply extensive esports coverage and a tailored esports front-end with live streaming via its OddsMatrix Esports Services. Stian Hornsletten, Group CCO of EveryMatrix, commented: “I admire the work done at Enlabs in the …
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As live sports slowly resumes this month the topic has been raised over the long term future of the esports betting industry, which rose in prominence during the global health pandemic. Marek Suchar is the Head of Sales at Oddin.gg, a B2B esports odds feed and risk management provider. He spoke to SBC News about the future of the esports …
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Gambling entrepreneur Graham Martin has been named President of Aquarius AI, a customer acquisition specialist, as part of the firm’s new business model commencing with esports. Aquarius announced this week that it has repositioned its customer acquisition technology to focus on esports before moving into the wider betting environment. Leading this move into esports betting will be Martin, a founder of …
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Cyber.bet has become the latest to secure a partnership with the Esports Integrity Commission (ESIC) to focus on tackling match fixing and corruption within the esports betting domain. Cyber.bet will work alongside ESIC to provide information needed for initiating and conducting investigations on match fixing and betting fraud. Ian Smith, Commissioner of the Esports Integrity Commission said: “It is an …
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Following a period of unprecedented growth during lockdown, esports bookmaker Luckbox has added five new languages to its wagering platform. Luckbox, which is planning its Toronto TSX Ventures Exchange IPO this summer, has added German, Spanish, Russian, Portuguese and ‘simplified Chinese’ language options to its domain. Further foreign languages options form part a series of ‘rapid enhancements’ undertaken by the company …
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Luckbox has confirmed that it has completed a CAD $3.8 million (€2.5m) funding round, as it imminently prepares to list on the Toronto TSX Venture Exchange. The esports bookmaker outperformed its expectations by announcing that investors oversubscribed to its funding round, which had originally targeted a range of CAD $2-3 million. Satisfying investor interest, Luckbox has confirmed that it will …
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Esports betting has enjoyed a well-documented rise to prominence over the last few months, partly due to global restrictions and the postponement of live sporting events. However, the challenge now for esports is to cement itself as a major player in the overall sports betting landscape, avoiding a situation where audiences just ‘revert to type’ as the sports action returns. …
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Esports Entertainment Group has strengthened its leadership team after appointing Magnus Leppäniemi as the new Vice President of Marketing and Head of Esports of its flagship brand, Vie.gg. Leppäniemi joins Vie.gg after amassing more than 20 years of sales and marketing experience from across the gaming industry. “Magnus is a proven marketing executive with invaluable knowledge of the gaming and …
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