#1 Fandom Sports Media Corp. (CSE: FDM, Forum) announced this week that it has enabled several leading game titles on the
Fandom Sports Unified Information Access (UIA) platform.
Game titles include
Valorant, FIFA, Overwatch, Call of Duty, Rocket League, Rainbow Six, StarCraft BroodWar, King of Glory, Warcraft 3, StarCraft 2, and
World of WarCraft.
The company previously announced the completed development of application programming interface (API) software for
League of Legends, DOTA 2 and
CS: GO. Receiving data for the new game titles allows the Fandom Sports team to train the prediction models and pattern recognition needed for dynamic wagering and predictions and system-generated reconciliation.
#2 Real Luck Group Ltd. (TSX-V: LUCK, Forum) is the parent company of esports betting platform Luckbox, who promoted
Thomas Rosander to the role of CEO last month following Quentin Martin’s decision to step down. It came as a surprising move and Martin stated via a LinkedIn post about vacating his role:
“Today I step down as Luckbox – Real Luck Group CEO. It has been an absolute privilege and one of the proudest achievements of my life to have taken the organisation from a small, cash-strapped esports betting startup to a cashed-up global public company.”
LUCK, a provider of legal, real-money esports and sports betting, filed its Q1 2021 financial results recently and CEO Rosander noted in
a media release on this news that the team spent the first quarter of 2021 building a solid foundation from which Luckbox could grow.
“We closed a Private Placement of Special Warrants for gross proceeds of $17.8 million, giving us the capital to execute on our growth goals through the rest of this year and beyond. We are focused on optimizing our product platform and customer acquisition funnel to increase ROI ahead of scaling up our marketing spend. In addition, we are strengthening our team and working with carefully selected partners as we continue to strive toward offering a world-leading esports betting product. I look forward to updating investors with more information in the months to come.”
LUCK also added betting on
Valorant, increasing the number of esports available at Luckbox to 14.
#3: Esports Entertainment Group, Inc. (NASDAQ: GMBL, Forum) announced this week that it had closed its acquisition of
Helix eSports LLC and ggCircuit LLC.
The esports entertainment and online gambling company has now created the most diversified, US-listed esports entertainment asset in the entire ecosystem, according to its Chief Executive Officer, Grant Johnson.
“These acquisitions significantly strengthen our Play, Watch, Bet Strategy, adding state-of-the-art esports entertainment centers, an esports-focused vertical enterprise software business, a best-in-class esports analytics platform, and a player-vs-player skill-based wagering platform to our diversified asset base. Together with what we have already built, Esports Entertainment Group has unparalleled scale, and we are on our way to becoming a global industry leader.”
ggCircuit is a B2B software company that provides cloud-based management for LAN centres, a tournament platform, and integrated wallet/point-of-sale solutions for enterprise customers.
Helix eSports owns five esports centres, home to esports programming and gaming infrastructure, including casual play, competitive tournaments, STEM programming, high school leagues, large groups and esports bootcamps all with the goal of leveling the playing field in esports and providing equitable access to technology. The acquisition also includes LANduel, Helix's proprietary player-vs-player wagering platform, built in Unity, that allows for skill-based wagering on third-party video games.
Bonus Round:
Want to watch some esports this weekend?
TGS Esports Inc. (TSX-V: TGS, Forum) has
a full list of events and is giving away more than $7,500 in prizes this month to celebrate two years in business, making progress and achieving milestones.
TGS CEO Spiro Khouri said the company is now out of the development phase and into its revenue growth phase.
Got an esports news tip or story idea to share? Email me at jon.brown@stockhouse.com.