07 Apr Esports Gambling Report, March 2022: Betway, Rivalry and Oddin.gg
Last month, the esports betting sector continued its development as a new US state entered the game. Moreover, mobile esports was given a spotlight.
In Play, sponsored by Oddin.gg, collates March’s most important stories within the esports betting scene into one digestible report. To view the stories in more detail, click the headline of the corresponding article.
Finally, In Play has also launched a monthly newsletter, breaking down esports betting trends and stories as well as providing analysis on the current ecosystem. If you want to sign up for the newsletter, click here.
Image credit: Esports Insider
B2B esports betting solutions provider Oddin.gg offers betting products — in the form of odds feeds, risk management and iFrame — that are designed to deliver an engaging esports betting package. Oddin.gg’s solutions power Betway, Yolo group, EEG, Aspire Global, Altenar, Softswiss and other sportsbooks and platform providers globally.
Learn more about its esports betting solution at Oddin.gg. Contact Oddin.gg at partnerships@oddin.gg, or via LinkedIn to obtain access to its demo.
Spotlighted Story:
Pinnacle Cup Championship Finals set to take place in Lund, Sweden
Image credit: Pinnacle
Esports bookmaker Pinnacle, data platform GRID Esports and the City of Lund revealed that the Pinnacle Cup Championship will commence in Sweden from June 8th – 11th.
The Pinnacle Cup Championship is the culmination of the bookmaker’s tournament series. The CS:GO event will take place live, in front of spectators at Sparbanken Skåne Arena, across four arena days.
Oddin.gg secures strategic partnership with Betway
Image credit: Betway/Oddin.gg
Oddin.gg has announced a strategic partnership with online betting platform Betway.
As part of the multi-year deal, Oddin.gg will provide its odds feed and help facilitate Betway’s continued expansion in the esports betting sector. The partnership with Oddin.gg is also expected to help improve Betway’s betting experience.
West Virginia passes esports betting bill amendment
Image credit: Shutterstock
West Virginia lawmakers have passed House Bill 4826, an amendment to the state’s legal sports betting industry which allows operators to accept wagers on esports events.
The bill classes esports within the sporting discipline, allowing West Virginia residents to wager on competitive gaming events in the same capacity they would a traditional sports match.
Rivalry adds mobile esports to betting offering
Image credit: Rivalry
Esports betting and media company Rivalry has added a variety of mobile esports to its sportsbook offering.
The bookmaker’s betting offering currently includes Mobile Legends: Bang Bang, League of Legends: Wild Rift, Call of Duty Mobile, PUBG Mobile and Free Fire. The company also revealed that additional titles will be introduced in the future.
Challenger secures seed round from SeventySix Capital
Image credit: Challenger
Esports wagering platform Challenger has secured a seed investment round, led by SeventySix Capital.
The investment round will be used to expand Challenger’s offerings to Xbox and PlayStation consoles, whilst also introducing its contests to new game titles.
Esports Entertainment Group completes public offering, raises $13.6m
Image credit: Esports Entertainment Group
NASDAQ-listed gambling company Esports Entertainment Group (EEG) has announced the completion of its public offering of common stock and warrants.
According to the release, the company raised $13.6m (~£10.16m) from the offering. The amount raised is expected to go towards building its working capital reserves and enabling the firm to repay part of its outstanding debt.
Real Luck Group appoints Benn Timbury as COO
(ESI Illustration) Image credit: Luckbox
Real Luck Group, the owners and operators of esports betting platform Luckbox, has appointed Benn Timbury as Chief Operating Officer.
In his role, Timbury will lean on his past experience scaling igaming businesses and driving both consumer and enterprise partnerships and acquisitions. His most recent role was with the Gibraltar-based Lottoland Group.
SIS teams up with Oddin.gg for 24/7 CS:GO betting content
Image credit: Oddin.gg
Multi-channel live betting services supplier Sports Information Services (SIS) has secured a partnership with the esports live-odds provider Oddin.gg.
As a result of the deal, SIS has expanded its Competitive Gaming esports betting product with the launch of 24/7 CS:GO events, which will be produced in-house by an SIS team in Manchester.
Commercial, CS:GO, Europe, Features, Gambling, Games, Insights, Latest News, Markets, Mobile, North America, Shooters, Betway, challenger, Esports Entertainment Group EEG, GRID Esports, Luckbox, Oddin.gg, Pinnacle, Rivalry, SIS
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