Daily news

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    The UK government’s Department for Digital, Culture, Media & Sport (DCMS) has launched a call for evidence on loot boxes, with the aim of establishing whether the video game features encourage or lead to problem gambling.

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    Bayes Holding, the company formerly known as Dojo Madness, has secured $6m in new funding from a number of high profile US investors, which will be used to further expand its data and content solutions.

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    Online gambling operator Betway has further enhanced its commercial portfolio by entering into a partnership with Peruvian Dota 2 esports team Beastcoast.

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    Esports betting operator Unikrn has agreed a settlement worth $6.1m with the US Securities and Exchange Commission (SEC) after it was found to have carried out an unregistered initial coin offering (ICO) of digital asset securities.

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    Esports Entertainment Group has forecast revenue of $13.0m (10.0m/€10.9m) for its 2021 fiscal year, the first year in which the esports betting operator will be able to post revenue.

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    Esports betting operator Esports Entertainment Group has completed its acquisition technology assets from mobile gaming studio Flip Sports for an undisclosed amount.

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    Guild Esports, a new esports business co-owned by football star David Beckham, has announced plans to float on the main market of the London Stock Exchange.

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    The Esports Integrity Commission (ESIC) has launched a new inquiry into the potential exploitation of an in-game bug that allowed esports players to gain an advantage in matches as far back as 2016.

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    The Esports Integrity Commission (ESIC) has said that it is nearing the end of a wide-ranging probe into alleged match-fixing within the Mountain Dew League (MDL) esports competition, saying it has carried out 15 investigations into the matter.

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    Three Counter Strike: Global Offensive (CS:GO) team coaches have been issued with professional bans for cheating after they were found to exploited an in-game bug to gain an advantage in matches.

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    Esports betting operator Esports Entertainment Group has entered into a multi-year partnership with Twin River Worldwide Holdings, that will see it enter New Jersey’s sports betting market.

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    The emergence of new forms of gambling such as loot boxes could lead to a rise in the number of young people gambling and potentially increase cases of gambling-related harm in the future, according to a report published by the New South Wales (NSW) Office of Responsible Gambling in Australia.

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    Esports Entertainment Group has expanded its partnership with Dignitas, the esports vertical of digital sports and media business New Meta Entertainment (NME).

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    State-owned Swedish operator Svenska Spel has announced a new partnership alongside the Swedish Ice Hockey Association and Swedish Esports Association (SESF), to become the sponsors of the 2020 Swedish eHockey Championship.

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    Puerto Rico has taken a step towards launching legal sports betting over a year after legalizing the vertical, beginning a 30-day consultation on sports betting regulations developed in partnership with Gaming Laboratories International (GLI).

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    The Young Gamers and Gamblers Education Trust (YGAM) has joined forces with Unison on a new initiative to provide members of the UK trade union with expert training on gambling and related harms.

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    Esports betting operator Esports Entertainment Group has signed a letter of intent to acquire certain assets of mobile games studio Flip Sports.

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    Allied Esports Entertainment, the group that includes World Poker Tour (WPT), has reported a comprehensive loss of $10.9m (£8.3m/€9.3m) for the second quarter, after its revenue was hit by the novel coronavirus (Covid-19) shutdown of certain esports events.

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    Esports Entertainment Group has completed the acquisition of online betting and gaming operator Argyll Entertainment and its operating subsidiaries for an undisclosed amount.

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    Esports betting operator Luckbox expects to receive final approval for its listing on Toronto’s TSX Venture Exchange (TSXV) by October, and has set out an expansion roadmap that will see it grow its management team and launch a B2B arm.

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