Esports
March 16, 2022
Challenger Secures Another Undisclosed Funding Round with SeventySix
Challenger, an esports betting platform, has participated in a second seed investment round led by SeventySix Capital. The investment will be used to allow the company to expand its product beyond desktop gaming and on Xbox and PlayStation consoles along with new content, competitive features, and other complementary initiatives that would create a strong foothold […]
Esports
March 15, 2022
Esports Entertainment Reinforced Financial Team with Damian Mathews as CFO
Esports Entertainment Group, a full-stack esports and online gambling company, has reinforced its leadership team with the addition of Damian Mathews. He will serve as the company’s new chief financial officer, will assume the role of chairman of the audit committee, and will retain his position on its board of directors. Esports Entertainment Acquires Mathews […]
Esports
March 10, 2022
Electronic Arts Win the Appeal against the KSA over Loot Boxes
The State Council of the Netherlands, Raad Van State, has sided with EA Games in the company’s dispute with the Dutch KSA. The Dutch gambling regulator judged that EA’s loot boxes can be labeled as games of chance reward. KSA Won the Original Ruling KSA notified EA Games in 2018 that it will undertake an […]
Business
March 10, 2022
Luckbox Appoints Growth Guru Bo Wänghammar to Board
Luckbox, one of the leading iGaming and betting companies, has brought on Bo Wänghammar to the company’s board of directors as the brand prepares to significantly scale its product offering this year and reach new performance records. He will be taking over Mike Stevens. Building up for Success with Luckbox Wänghammar is an important addition […]
Legal
March 8, 2022
Iowa HF 2497 Seeks to Establish Cashless Gaming, Esports Betting
Iowa is moving forward with a piece of legislation that is expected to introduce cashless payment options on casino floors and also push esports betting as one of the new verticals gamblers in the state may explore. House File 2497 has already cleared one of the first hurdles. Cashless Gaming to Hit Casino Floors In […]
Esports
March 3, 2022
Real Luck Group Appoints Benn Timbury as Chief Operating Officer
Luckbox’s parent company, Real Luck Group, has strengthened its core by hiring the distinguished Benn Timbury as its new chief operating officer. The new appointee will work to make the company’s plans come to fruition. Timbury Bring Years of Experience to Real Luck The strategic acquisition demonstrates how bullish on growing Real Luck Group is. […]
Esports
March 2, 2022
Nevada Esports Committee Met to Discuss the Future of Esports Betting
The state of Nevada is doubling down on its efforts to develop its promising esports industry, despite some people’s concerns about the integrity of the sport. Hamilton Insists the Committee Must Have a Clear Vision Esports is currently experiencing unprecedented growth, with tournaments now being more spectacular than ever before. The sudden rise of interest […]
Insider
March 1, 2022
GamblingNews Talks Regulation with GeoComply SVP Operations, Gaming Chad Kornett (Podcast #19)
GamblingNews and GeoComply’s Senior Vice President Operations, Gaming Chad Kornett, explore how the company is making sure gaming operators function within the limits established by regulators. Compliance with regulations ranks at the top of the list of priorities for gaming regulators. This is true in any jurisdiction, particularly in the US. The structure of the […]
Industry
February 28, 2022
EEG’s Fiscal Q2 Defined by Revenue Growth and Negative EBITDA
Esports and online gambling company Esports Entertainment Group (EEG) released its financial results for the second fiscal quarter ended December 31, 2021, posting double-digit growth in revenue. Platform Building and Strategic Acquisitions The fiscal second-quarter report revealed revenue at the New Jersey-based EEG jumped 18.85% year-over-year to $14.5 million, up from $12.2 million in the […]
Esports
February 28, 2022
Nevada’s Esports Technical Advisory Committee Adds Ubisoft Executive
The Nevada Gaming Control Board (NGCB) selected a senior executive from a video game company to join its new Esports Technical Advisory Committee (ETAC). Che Chou, Ubisoft Entertainment’s senior director of Esports, was approved Thursday to join the committee as its eighth member, according to the Las Vegas Review-Journal. Esports Takes Center Stage Chou is […]