ESports Online Gambling Growing Trend

Published Saturday, October 10, 2015 -
ESports Online Gambling Growing Trend

The latest trend for gamblers on the internet is daily fantasy sports but there is another big trend evolving called esports. Esports is a term for organized video gaming competitions between players or teams. There are many competitive games including StarCraft2, League of Legends, Counter Strike Dota2 and Quake among others.

A recent announcement that Swedish media company Modern Times Group had acquired a majority stake of 74% of Turtle Entertainment, the holding company for Electronic Sports League (ESL) for $87 million is proof that the esports betting trend is growing. The purchased company ESL was founded in the year 2000 and is considered the oldest esports firm in the world.

Ralf Reichert, CEO at ESL said that choosing MTG as the new owners because of the company’s understanding of esports, production background, and large distribution network. Reichert continued to add that MTG’s network in over 100 countries will allow ESL to continue expanding on strong, strategic local partnerships. MTG opens up great access to production resources, as well as various TV stations in strategic and important new markets. “We’ve been successful with our operations and our strategy,” Reichert comments, “MTG invested in us because they believe in what we’re doing.”

Now ESL has signed a partnership deal with sports and betting-related services firm Sportradar. The arrangement will see Sportradar develop a full range of products and services for ESL. Sportradar will process and distribute real-time match data at the fantasy-level, and will also offer live scoring delivery.

ESL chief executive officer Ralf Reichert commented on the partnership, "With an ever increasing volume of betting on esports competitions, expanding our anti-fraud initiative to also include match fixing, collusion other activities related to illegal, underage and irresponsible betting, was the next logical step in our efforts to preserve and promote integrity across our many competitions," 

Sportradar  CEO, Carsten Koerl, added,  “E-sports is without a doubt the fastest growing sport globally across all measurables: prize money, fan viewership, and sponsorship revenue." 






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