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Esports Entertainment Group $GMBL Signs Affiliate Marketing Agreements With 11 #Esports Teams, Anticipates More Esports Teams To Follow $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 8:09 AM on Wednesday, April 11th, 2018

Esports large

  • Signed Affiliate Marketing Agreements with 11 esports teams as the Company ramps up affiliate marketing activities in support of its recent launch of VIE (https://vie.gg)
  • Company anticipates these to be the first of more Affiliate Marketing Agreements with esports teams.

ST. MARY’S, Antigua, April 11, 2018 – Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of Affiliate Marketing Agreements with 11 esports teams as the Company ramps up affiliate marketing activities in support of its recent launch of VIE (https://vie.gg), the world’s safest, most secure and transparent esports wagering platform. The Company anticipates these to be the first of more Affiliate Marketing Agreements with esports teams.

The inaugural set of affiliate esports teams are as follows:

  1. myRevenge
  2. E’DRAGONS
  3. Proud-Gaming
  4. Aurales
  5. Aequitas Esport
  6. Eronic E-Sport
  7. UAC eSports
  8. Tigers-Roar
  9. Esmaticx
  10. GoasHax
  11. Revise’Gaming

myRevenge e.V. is an International multi-gaming organization that was founded in 2006, is now headquartered in Germany and picked up its first League of Legends squad in 2011. In addition to their League of Legends team, myRevenge also sponsors players for Counter-Strike: GO, Shootmania, Crossfire, Call of Duty 4, FIFA 13 and Smite.

Christian Heinrichs, Founder and CEO of myRevenge e.V., stated, “We are very happy to work with Esports Entertainment Group to promote VIE because we fully believe in both the site and the Company. VIE is the only esports betting platform that provides full transparency and shares our philosophy of putting esports fans first. This is something the esports industry is in strong need of.  The security, regulations and transparency of VIE provides us with the trust and confidence necessary to support VIE and help make it the strongest esports wagering platform in the world.”

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. VIE features wagering on the following esports games:

  • Counter-Strike: Global Offensive (CSGO)
  • Dota 2
  • Call of Duty
  • Hearthstone
  • StarCraft II

Grant Johnson, CEO of Esports Entertainment Group, stated, “We are so pleased to get this wave of support from esports teams themselves immediately following our launch. We see this as both vindication that our platform is the one the industry has been waiting for, as well as, a clear vote of confidence in our ability to execute and deliver a safe, regulated and fully transparent esports wagering platform. We look forward to working and growing with these teams and their great fans for years to come.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page:
http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

Investor Relations Inquiries
AGORACOM
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

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March #Esports Investment Recap: A Billion Dollar Bet $GMBL $KUU.ca

Posted by AGORACOM-JC at 3:04 PM on Tuesday, April 10th, 2018

  • Year is nowhere near from being over, but more than $1B invested in esports-related companies last month
  • Once again, it was the Chinese games market leader Tencent  that’s responsible for the biggest part of the cash injection.
Image Credit: ESL/Helena Kristiansson

The year is nowhere near from being over, but with more than $1B invested in esports-related companies last month, the industry likely reached its annual high already. Once again, it was the Chinese games market leader Tencent  that’s responsible for the biggest part of the cash injection.

Tencent Tightens Its Grip on the Sector In March, Tencent has made separate investments in two of China’s key streaming platforms, both announced in close succession. Huya raised $461.6M in its latest series B equity financing round, led by Tencent, while rival game-streaming platform Douyu TV  received $632M from the Chinese gaming and social media giant.

Being involved in a combined $1.1 billion in funding in one day, Tencent has elevated its already dramatic hold on one of the world’s most vital live streaming markets. For comparison, Amazon’s acquisition of Twitch  was valued at close to $1B, reportedly. According to Niko Partners, the market size for professional esports alone in China in 2017 was $1.26B, and furthermore, live streaming of esports events was the industry’s top source of revenue in the country, at $625M.

In March, Tencent made separate investments in two of China’s key streaming platforms, both announced in close succession.

Related Article: Imagine Spalding Owned Basketball, That’s How Esports Works

Other companies are expanding their market shares as well, though. Infinite Esports & Entertainment , a majority shareholder in OpTic Gaming  and Overwatch League’s  Houston Outlaws, diversified its portfolio last month, by acquiring esports apparel brand Sector Six for an undisclosed amount.

Infinite, which is backed and headed by Neil Leibman—a co-owner of the MLB franchise Texas Rangers—has acquired and partnered with a multitude of companies and esports organizations. These include broadcast and events management company NGAGE, esports agency Triggerfish, and teams OpTic, Allegiance, and Obey Alliance. The holding company plans to bring its entire portolio together later this year, with the opening of a 3,000 seat esports stadium in Arlington, Texas.

Elsewhere, one of the world’s leading producers in television content, European entertainment company RTL Group—majorly owned by German media conglomerate Bertelsmann—through its French TV network subsidiary M6, has taken a minority stake in Glory4Gamers, an amateur esports competition organizer, for an undisclosed amount.

While M6 taking a minority stake in Glory4Gamers may not be a game-changing acquisition, it’s a signal that esports might enter a consolidation phase. These kind of investments are a typical indicator for a maturity period in an industry cycle, where growth slows, focus shifts towards expense reduction, and the competitive landscape of a marketplace becomes more clear while the big companies claim their spots and deter smaller competition.

Esports Takes Off in South-East Asia

Market researcher Niko Partners estimates the number of mobile online game users in SEA will surpass 170M by the end of 2017, rising to 250M by 2021. It doesn’t come as a surprise that estimations like that attract the eye of investors like AirAsia Group CEO and co-founder Tony Fernandes. The majority shareholder of the Queens Park Rangers soccer club, who has a total net worth of $745M, last month announced to have acquired a majority share in Malaysian mobile esports organization Team Saiyan, which is to be rebranded as AirAsia Saiyan.

Team Saiyan are one of the top-ranked professional teams playing the Moonton developed MOBA title Mobile Legends. The squad currently competes in the game’s MPL competition, which is sponsored by mobile phone brand Honor, GoPro, and Singapore hardware brand Armageddon.

Fernandes founded Malaysian lost-cost airline AirAsia in 2001, which reported $408M in profit for 2017. AirAsia itself was a sponsor of Manchester United F.C. between 2009 and 2013.

Esports AI and Nutrition

Game Insight founder Alisa Chumachenko has launched a new esports company, raising $1.9M in funding. Gosu.ai utilizes artificial intelligence to provide gamers with direct feedback and coaching, from recommending item builds to suggesting strategies in certain matchups. The investment round was lead by Runa Capital, and included participation from Ventech and Sistema VC, the latter of which invested $420K in a seed round last October.

Gosu.ai joins a growing list of companies marrying artificial intelligence with esports. Last month, esports audience monetization platform FanAI raised $2.5M during a funding round, and there is also Elon Musk’s AI technology company OpenAI, which is teaching a program to play esports games like Dota 2  and StarCraft II  at the highest level. German startup Shikenso is working on an artificial intelligence Twitch filter, adding additional options for fans to watch streams.

Runtime , an esports startup focused on bringing nutrition products to the gamer market, has raised a seven-digit seed round, led by Everblue Management. Other participants include existing investor BITKRAFT Esports Ventures , along with Döhler Ventures, Food Angels Germany, and angel investors.

Runtime, which began as a BITKRAFT incubated company, launched its online store in January 2017. The brand’s stock includes multiple flavors of its performance drink, meal shake, and a recently launched protein bar.

Source: https://esportsobserver.com/march-esports-investment-recap/

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The Rise of #Mobile #Esports in 2018 $GMBL $KUU.ca

Posted by AGORACOM-JC at 10:03 AM on Monday, April 9th, 2018
  • Competitive mobile games are slowly making their way into the spotlight and are successfully cementing themselves as the next big thing in the world of esports
  • You heard it right – 2018 might be the year of mobile esports
Julian Elona

If you told your parents years ago that you wanted to make a career out of playing mobile games, chances are they would have shrugged it off and got mad at the thought of their child make a living with a mobile phone.

But that is not the case in 2018, as competitive mobile games are slowly making their way into the spotlight and are successfully cementing themselves as the next big thing in the world of esports.

You heard it right – 2018 might be the year of mobile esports.

Esports is currently a popular spectator sport that has gained a lot of fans over the years. In fact, data shows that it may have overtaken some traditional sports when it comes to viewership. One example of this is when the Mid-Season Invitational 2017 League of Legends, a popular esports game for PC, garnered over 360 million unique viewers last year. That is more than the Super Bowl, which only took around 111 million unique viewers the same year.

As for mobile esports, they could not yet reach a viewership count equal to traditional esports games. According to Esports Chart, last year’s Clash Royale tournament only had around 20 million views while the lowest viewership was from Vainglory World Championship 2017 with only 56,000 viewers at its peak.

However, competitive mobile gaming has seen a huge increase this year. Mobile games such as Vainglory, Clash of Clans, and Arena of Valor have been organising successful tournaments and fostering a healthy environment for its professional athletes.

Clash Royale recently made a big announcement that it will be organizing one of the biggest mobile esports events called Clash Royale League with a prize pool of over $1m. Notable teams from other esports games such as Fnatic and Team SoloMid have also announced that they will be participating in the event.

Tencent, a Chinese tech company, also tried to capitalise on the western market by releasing Honor of Kings in the US and Europe and renaming it to Arena of Valor. The game drew heavy inspiration from traditional MOBAs. They also announced this year that they would be holding an international tournament with a prize pool of around $500,000.

Super Evil Megacorp, the developer of Vainglory, has also announced a partnership with Alibaba that will include Vainglory in the official lineup of games in the World Electronic Sports Games 2018 (WESG). Vainglory also announced before that it would be having a new 5v5 format, having had only a 3v3 format previously.

This will be the first time that a mobile game will be integrated into the WESG and will be headlining along with other popular games like Dota 2, Starcraft II, and Counter Strike: Global Offensive.

With no signs of backing down, mobile games may be the next big thing in esports. It’s only a matter of time before we fully embrace the notion that you can have a successful career just by playing with your mobile phone.

Source: http://www.foxsportsasia.com/esports/839328/rise-mobile-esports-2018/

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Esports Entertainment Group $GMBL Announces Winners Of Beta Test Competition On #VIE.gg #Esports Wagering Platform; All Participants To Receive 50 Euros Credit $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 8:44 AM on Thursday, April 5th, 2018

Esports large

  • Announced winners of the Beta Test Competition on VIE  (https://vie.gg) 
  • The world’s safest, most secure and transparent esports wagering platform.

ST. MARY’S, Antigua, April 05, 2018 – Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the winners of the Beta Test Competition on VIE  (https://vie.gg)  the world’s safest, most secure and transparent esports wagering platform.

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. VIE features wagering on the following esports games:

Counter-Strike: Global Offensive (CSGO)

  • Dota 2
  • Call of Duty
  • Hearthstone
  • StarCraft II

BETA TEST WINNERS AND PRIZES

Esports Entertainment Group congratulates our top three winners and wishes them great success going forward.  The Company would also like to thank all beta contest participants for their time and invaluable feedback that helped make VIE even better for our launch on March 20th.  All participants will have their accounts credited with 50 Euros.

Grant Johnson, CEO of Esports Entertainment Group stated, “I am very happy for Kevin, Andres and Karolis and very thankful to all of our amazing participants for the help they provided us in beta testing VIE prior to our launch. As a result of their feedback, we made changes to some of our wagering terminology, boosted our help page with videos, expanded our FAQs and fast tracked future features such as hosting live viewing of actual matches our players are betting on.  They earned their account credits and I look forward to watching them grow with VIE, including becoming affiliates to attract their networks and earn even more money as our partners.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com
.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

Investor Relations Inquiries
AGORACOM
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

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INTERVIEW: Esports Entertainment Group $GMBL Discusses Launch Of VIE.GG, The World’s Safest, Most Secure and Transparent #Esports Wagering Platform $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 11:25 AM on Tuesday, April 3rd, 2018

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#Twitch Launches #Esports Digital Channel #SuperLeagueTV $GMBL $KUU.ca

Posted by AGORACOM-JC at 12:24 PM on Monday, April 2nd, 2018
  • Debuting on Twitch, SuperLeagueTV is the first ever network dedicated to amateur esports and competitive amateur players
  • Initial programming will include top tier gameplay from Super League’s City Champs tournaments

Debuting on Twitch, SuperLeagueTV is the first ever network dedicated to amateur esports and competitive amateur players. Initial programming will include top tier gameplay from Super League’s City Champs tournaments, as well as the most compelling storylines that emerge from among the thousands of individual and team-vs-team competitions happening throughout the year within Super League’s League of Legends and Minecraft events.

Broadcasting from Ultimate Media Ventures, Super League Gaming’s Huntington Beach-based production partner, SuperLeagueTV will offer commentary and analysis during hotly contested matches and original programming that shines a light on the increasing number of people who are making competitive video gaming their sport of choice. Beginning this week with Super League Gaming’s League of Legends City Champs season, the channel will feature known shoutcasters and other esports influencers, including play-by-play from Alexander “Opal” Archumbault, and color commentary by Alex “Mad_Magical” Whieldon.

“Super League Gaming is a player-first company. SuperLeagueTV is a player-first network,” said Matt Edelman, Chief Commercial Officer of Super League Gaming. “We are creating a channel dedicated to the massive community of amateur gamers seeking opportunities to play their sport in a trusted, competitive environment where they also can create lasting real-world connections. SuperLeagueTV is a natural extension of our core value proposition.”

SuperLeagueTV‘s launch lineup will consist of multiple nights of gameplay taking place in heated City-vs-City battles within movie theaters across the country. Woven into the programming will be pre- and post-match content, including player interviews and City Club profiles, all of which will be available on SuperLeague_TV via Twitch. Additional content and distribution announcements will be made throughout the year.

Coming on the heels of Super League’s recent four-city expansion to Atlanta, Tampa Bay, Washington D.C, and Philadelphia, SuperLeagueTV’s launch continues Super League’s 2018 momentum as the top esports brand for amateur gamers. New strategic, brand and game publisher partnerships will be announced soon.

Source: http://worthplaying.com/article/2018/4/2/news/108035/

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Gary Vee’s Throughts On #DRAKE & #Twitch #Esports #LOL $GMBL $KUU.ca

Posted by AGORACOM-JC at 4:50 PM on Thursday, March 29th, 2018

“It is now a forgone conclusion that millions of people will sit for trillions of hours and watch other people game.”

“I’m in love with my these of eSoorts and virtual reality in a year window.”

“Do you know how many kids are making real bank on twitch playing video games all day?”

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#Esports Monday Morning Briefing, 26/03/2018 $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 9:04 AM on Monday, March 26th, 2018

Modern Times Group will split off its esports/gaming portfolio into a new company, while the German Olympic Committee remains firm against esports recognition.

Missed any of the biggest esports business news last week? The TEO Monday Morning Briefing recaps the top headlines from the last seven days!

MTG to Split Into Two Listed Entities

Modern Times Group (MTG ), the Swedish media firm that acquired a majority stake in ESL in 2015, and the entirety of DreamHack  that same year, has announced it will split off into two separately listed companies. This follows on from a failed $2.5B takeover bid from Danish telecommunications TDC to acquire MTG’s Nordic TV businesses, which will be part of a separate entity listed on Nasdaq Stockholm.

While we won’t feel the esports impact of this for some time, the idea of MTG becoming a full-on digital company with an emphasis on esports and gaming is fairly significant.

Facebook and Amazon Compete for Esports Crowd with New Developer Tools

As part of last week’s Game Developer Conference (GDC), Facebook and Amazon have both announced new tools for video game developers, both with potential esports applications.

For Facebook, it’s a software development kit that allows games to be streamed directly to Facebook Live, a feature tested with the Paladins Premier League. Meanwhile Amazon will allow game makers to add tournaments and leagues directly to games, and even ship prize deliveries through the e-commerce giant.

Tennis Joins Virtual Sports Space with French Open Esports Tournament

Let’s list all the popular sports that are trying to make it in esports: basketball, hockey, European football, American football…anything missing? Well now the French Tennis Federation wants to host a competition around the unreleased game Tennis World Tour, with a final to be held at the French Open.

Perhaps the most noteworthy part of this news is that the series will be backed by the competition’s main sponsor, BNP Paribas.

Sponsorship/Partnership Round-Up

In partnership news, DreamHack is not only extending its 10-year relationship with Twitch with a new multi-year deal, but in Spain the company is also partnering with recruitment company Page Personnel to introduce career development opportunities at events, starting with DreamHack Valencia and DreamHack Sevilla.

Elsewhere, performance drink eNgage enters the Chinese market with a sponsorship deal with LGD Gaming, and eSports.com becomes the newest jersey sponsor for Astralis in a deal—sources close to it say—is worth $2M over three years.

German Olympic Committee Opposes Coalition Esports Agreement

Finally, when the new German coalition government formed, it pledged to support esports as an organized sport in the country. It’s one of the most significant movements of its kind in Europe, but it also faces a lot of hurdles, namely the German Olympic Committee, who last week called the attempt to integrate esports into Germany’s organized sports as the work of “specialist politicians” in the digital sector. We’ll update you further as the story progresses.

Source: https://esportsobserver.com/teo-monday-briefing-march-23-2018/

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Everyone Is Betting On Growth Of #Esports Wagering In 2018 $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 9:21 PM on Thursday, March 22nd, 2018

 

  • Optimism for the future of betting on esports is very high
  • In survey filled out by thirty-one respondents representing small endemic sites (esports-first or esports-only) to the largest non-endemic global operators (mainstream betting operators that also offer esports), 100% of the respondents indicated a belief that the esports handle will grow in 2018;
  • 82% hypothesize that the sophistication of esports wagering will catch up to traditional sports within two years.

Darren Heitner , Contributor

Betting operators are excited about the potential for growth surrounding wagers on PlayUnknown’s Battlegrounds (PUBG) matches. (Photo by VCG/VCG via Getty Images)

Optimism for the future of betting on esports is very high. In a survey filled out by thirty-one respondents representing small endemic sites (esports-first or esports-only) to the largest non-endemic global operators (mainstream betting operators that also offer esports), 100% of the respondents indicated a belief that the esports handle will grow in 2018, and 82% hypothesize that the sophistication of esports wagering will catch up to traditional sports within two years.

The survey was conducted by Eilers & Krejcik Gaming and reported in its Esports & Gambling Monitor for 1Q 2018.

The vast majority of respondents also indicated that esports betting activity has increased from the prior quarter, with no respondents revealing a decrease in handle.

The biggest factor believed to be spurring an increase in betting is the growth of existing major events, followed by the introduction of new leagues like The Overwatch League, which is a global esports league with city-based teams that is based on the Blizzard Entertainment game Overwatch. Players in the league receive a $50,000 minimum base salary, healthcare and retirements savings plans and housing.

Traditional professional sports also continue to cross over into esports, whether it be the NBA’s 2K League or MLS’ deal with EA Sports to launch eMLS, and that type of expansion is believed to at least play a role in continuing to improve the esports industry’s bottom line and additionally increase interest in betting.

Additionally, the respondents also revealed that the average spend per esports bettor is either increasing or staying the same, with no respondent answering that the amount of betting is on the decline.

The titles with the most betting volume are the traditionally mentioned games such as Counter-Strike: Global Offensive and League of Legends, but there is clear optimism surrounding one particular up-and-comer: PlayerUnknown’s Battlegrounds (PUBG). That game was one of the most watched on Twitch for the second half of 2017 and is the main reason why 64% of respondents believe Battle Royale-style games can drive substantial wagering activity.

Yet, an unfortunate data point for esports betting growth is that the results were mixed when it comes to the value that operators place on an esports bettor as compared to a traditional sports bettor. While one-third of the respondents indicated a belief that an esports bettor is more valuable than a traditional sports bettor in terms of lifetime value, a big jump from the mere 5% who indicated same the previous quarter, over 60% of respondents said that the esports bettor will provide less value to the operators’ bottom-line over the span of many years.

Darren Heitner is the Founder of South Florida-based HEITNER LEGAL, P.L.L.C. and Sports Agent Blog. He authored the book, How to Play the Game: What Every Sports Attorney Needs to Know.

Follow @DarrenHeitner

Source: https://www.forbes.com/sites/darrenheitner/2018/02/12/everyone-is-betting-on-growth-of-esports-wagering-in-2018/#c4c7cb045820

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Esports Entertainment Group $GMBL Announces The Launch Of VIE.GG, The World’s Safest, Most Secure and Transparent #Esports #Wagering Platform $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 8:12 AM on Tuesday, March 20th, 2018

Esports large

  • Announced the launch of VIE  (https://vie.gg)
  • World’s safest, most secure and transparent esports wagering platform
  • bet exchange model provides for player versus player betting (PVP) with the house taking a small percentage of each wager
  • PVP model means a VIE player always wins and the Company removes all risk, creating a win-win for players and the Company

ST. MARY’S, ANTIGUA, March 20, 2018 — Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the launch of VIE  (https://vie.gg)  the world’s safest, most secure and transparent esports wagering platform.

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. The bet exchange model provides for player versus player betting (PVP) with the house taking a small percentage of each wager, as opposed to a sports book model that pits the player versus the house. Our PVP model means a VIE player always wins and the Company removes all risk, creating a win-win for our players and the Company.

The launch of VIE follows months of extensive, final financial compliance with applicable regulators, financial institutions and payment processors, as well as, beta testing that provided the Company with valuable feedback from esports enthusiasts around the world. VIE features wagering on the following esports games:

    • Counter-Strike: Global Offensive (CSGO)
    • Dota 2
    • Call of Duty
    • Hearthstone
    • StarCraft II

LAUNCH ROLL-OUT INCLUDES OVER 60 AFFILIATE STREAMERS AND WORLD LEADING SUPER AFFILIATE

A core element of the Company’s customer acquisition strategy is an affiliate program powered by Income Access, which won eGaming Review’s B2B Award for ‘Affiliate Software’ four years in a row. Income Access has been fully integrated into VIE to manage our affiliate program, which has received attention far beyond Company expectations to this point.

On September 6, 2017, the Company announced the signing of over 60 affiliate esports streamers at gamescom 2017, representing an audience of esports viewers which collectively generated over 250 million online video views in the preceding 30 days.

Some affiliates have already commenced the onboarding process, with the majority expected to be completed over the next 45 days. At that time, VIE will launch a contest for its affiliates that will feature significant prizes and rewards throughout 2018 to further incentivize registrations.  Moreover, with VIE now officially launched, the Company expects strong continual registrations of new affiliates throughout 2018 and beyond.

Grant Johnson, CEO of Esports Entertainment Group stated “Today marks a major milestone for Esports Entertainment Group, our investors and the entire esports industry.  With esports experiencing rapid global growth and set to hit mainstream sports in 2018 with the launch of initiatives such as NBA 2K later this year, esports fans have told us loud and clear that they want a licensed, secure and transparent wagering platform to augment their experience.  We are thrilled to launch and deliver VIE to them at this great time for esports.”
During the rollout, the Company expects to announce significant new features, including the addition of multiple languages such as Spanish and Russian next month and further additional languages until all the major languages of global esports enthusiasts are serviced.

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and  Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com
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FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

Investor Relations Inquiries
AGORACOM 
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

 

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