Leadership of Genius Sports Inc has purchased over 280,000 of common shares of GENI stock following the sportstech group’s November slump on the NYSE. The trade was led by chief executive Mark Locke, who purchased 50,000 GENI shares at a projected cost of $10.02 per share – a transaction that would have cost him circa +$500,000. Locke was joined by …
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ICE Sports Betting Tours hot for eSports
eSports is the hot topic that the betting industry is keen to know more about at ICE 2016. According to a survey of people registering for the Official ICE Sports Betting Tours, eSports is the number one area of interest this year, with over half of the attendees expressing an interest in finding out more about this burgeoning sector. SBC …
Read More »Esports startup FaceIt raises $15m in Series A funding round
UK based esports startup FaceIt has raised $15m (£10.4m) in funding and has announced its expansion into the US by opening an office in Los Angeles. The company, which was funded in 2012, boasts over 3.5 million users on its multiplayer gaming platform. It allows players to take part in tournaments and leagues for prizes via automated tournament management and matchmaking. …
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