Author: Grant Taylor-Hill
-
EEG’s Marketing Director Leaves Firm, Company Struggles Continue
[ad_1] It has been a rocky few months for the Esports Entertainment Group. At the start of the year, stock prices plummeted, there was a severe EBITDA downturn for the firm, and talk surfaced of the need to sell off assets to offset some critical financial struggles. There are indications that EEG will target its…
-
React Gaming Reports Q2 2022 Figures, Celebrates Positive Growth
[ad_1] React Gaming (Montreal) has published its results for the second quarter of 2022, revealing positive growth across the firm. It has been a remarkable year for the organisation, which rebranded from Intema Solutions earlier this year. As the organisation moves from strength to strength, it’s making waves in the betting industry, and in the…
-
Oddin.gg Reveals $4.5m Series A Financing Round Success
[ad_1] Oddin.gg, a leading provider of B2B esports odds technology and feeds, has revealed a successful Series A financing round. During this key round, Oddin.gg raised $4.5 million from its investors, as well as from Velo Partners and Genting Ventures. In a statement, it was announced that this successful financing round came about on the…
-
EBET Prepares To Leave Esports Amid Lay-Offs » EsportsBets.com
[ad_1] According to insider reports, Las Vegas-based betting firm EBET is preparing to withdraw from esports betting markets. This news comes hand-in-hand with the revelation that several employees have been let go from EBET, formerly known as Esports Technologies. Reportedly, this shift in focus comes from a desire to leave the esports industry, pivoting and…
-
OverActive Media Declares $5.5m Loss In H1 2022 » EsportsBets.com
[ad_1] In a report published on the 10th of August, Toronto-based esports organisation, OverActive Media, declared a loss of $5.5m in H1 of 2022. This news comes just months after OverActive Media revealed a net loss of $15.4m through 2021. Despite the loss, OAM’s representatives seemed generally positive about the outlook of the firm. While…
-
Capital International Bank Opens Doors To Esports Banking Customers
[ad_1] For more than a decade, the esports industry has been undergoing a rapid, volatile expansion. As it has grown ever upwards and outwards, the industry has presented countless opportunities for operators to enter and tap into remarkably valuable revenue streams. Recently, Capital International Bank (Isle of Man) has stepped up to facilitate organisations in…
-
LA Thieves Wins CDL Championship, First Rings For Entire Team
[ad_1] For several weeks, the LA Thieves have been one of the strongest teams in the Call of Duty League. While the season started off slow for the LA Thieves, the situation became increasingly intense towards the end of the year, culminating in a victory at Major IV for the team. Now, following an overwhelmingly…
-
G3 CEO Anthony Gaud Reveals Details on Huge Esports Betting Bid
[ad_1] For more than a decade, the esports industry has been growing at a staggering rate. In the last few years, one of the most impressive verticals to emerge from within the industry is the esports betting angle, which has gone from strength to strength in a relatively short period of time. Recently, in an…
-
LOOT.BET Receives Technical Boost With GLI-19 Certification
[ad_1] Following an already busy period for the platform, LOOT.BET has announced another milestone, having secured GLI-19 certification. In recent months, the LOOT.BET platform has been expanding rapidly, ever since the acquisition of LOOT.BET’s parent company by React Gaming, then known as Intema Solutions. With the GLI-19 certification, LOOT.BET is officially recognised as being compliant…
-
React Gaming Launches Isle of Man-Licensed LOOT.BET Site
[ad_1] In February of 2022, React Gaming, then named Intema Solutions, completed its acquisition of LOOT.BET’s parent organisation, Livestream Gaming. It was a landmark deal, giving React Gaming an instant and powerful foothold in the esports betting industry. As a key part of that deal, React Gaming was tasked with securing a prestigious Isle of…