Daily news

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    Esports betting operator Luckbox has raised more than CAD$3.8m, well above expectations, in the first tranche of a funding round ahead of its initial public offering on the TSX venture exchange, prompting the business to launch a new funding round.

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    Alternative media business Media Central Corporation has entered a number of affiliate marketing partnerships with esports gambling websites as part of an effort to further monetise its new ECentralSports digital media platform.

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    Esports betting operator Esports Entertainment Group has announced that it secured approximately $4.4m (£3.5m/€3.9m) from the exercise of warrants, further strengthening its financial position as it prepares to execute its expansion strategy.

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    The UK’s Department for Culture, Media and Sport (DCMS) has launched a call for evidence into the impact of loot boxes, which may lead to the popular video game feature being classed as a gambling product.

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    A whitepaper from Bayes Esports Solutions highlights a need for the esports sector to better leverage data, similar to traditional sports if it is to become an established market for betting and spectators. 

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    Esports Entertainment Group has appointed Magnus Leppaniemi as vice president of marketing and head of esports at its flagship esports betting brand Vie.gg.

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    Esports betting operator Esports Entertainment Group has formed a new US-facing subsidiary, GMBL New Jersey.

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    Esports betting operator Luckbox is preparing to list on Toronto’s TSX Venture Exchange, having accelerated its plans due to “booming business” during the novel coronavirus (Covid-19) lockdown.

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    Esports betting operator Esports Entertainment Group has secured a gaming service licence from the Malta Gaming Authority (MGA).

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    Allied Esports Entertainment, the esports event business that includes World Poker Tour (WPT), has posted increased losses and lower revenue for the first quarter of 2020, due in part to the novel coronavirus (Covid-19) global pandemic.

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    Sports data and integrity solutions provider Sportradar will deliver a comprehensive integrity programme to protect the Overwatch League and Call of Duty League from betting related corruption, through a new partnership with games publisher Activision Blizzard.

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    Esports betting operator Esports Entertainment Group has signed a binding letter of intent to acquire LHE Enterprises, the holding company of online betting and gaming operator Argyll Entertainment.

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    The Esports Integrity Commission (ESIC) and professional esports organisation ESL have banned Emil ‘emilshe1n’ Mamedov from all tournaments until November this year, after the player was found to have cheated during an ESL CS:GO Premiership event.

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    Scout Gaming Group has further enhanced its presence in the esports market by entering into a B2B partnership with the GLHF.gg platform.

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    XB Systems has brokered an agreement to merge its X-Bet.co esports betting brand with UltraPlay white label site Buff.bet, in a deal it said would support its planned initial public offering (IPO).

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    The UK’s Committee of Advertising Practice (CAP), part of the Advertising Standards Authority (ASA), has issued a warned gambling operators to be especially careful when advertising esports betting, due to the key titles potentially being of particular appeal to minors.

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    The Nevada Gaming Control Board has approved betting on five new esports events.

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    Scout Gaming Group has announced the launch of a new esports betting offering across its network of partners.

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    iGaming operator and supplier Newgioco has launched a new esports wagering service through its online gambling channel in Italy, while news portal Win.gg has rolled out a new esports betting brand.

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    The Malta Gaming Authority (MGA) has published new guidance for operators to help safeguard integrity during the ongoing novel coronavirus (Covid-19) crisis, while the regulator has cancelled Bimbabet’s licence after it was found to have breached regulations.

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