Esports company Allied Esports Entertainment released today its first quarter 2022 financial results, posting its best quarterly performance of all time in both revenue and adjusted EBITDA. Business Performance Metrics For the three months ended March 31, 2022, Allied Esports Entertainment posted revenues of $2.4 million, a massive 381% increase on $501,000 in Q1 2021, […]
Riot Games is all for fan-driven initiatives except when they involve gambling. The topic of gambling has not been entirely a tabu for game developers, and League of Legends and Valorant, both Riot Games’ titles, are some of the most wagered-on games out there. Staking out Players in TFT Turns out a Bad Idea But […]
Tensions continue to build up, triggered by xQc’s decision to embrace gambling streams. The latest to take a jab at the streamer is fellow content creator Mathil, known to his Path of Exile fans and for his clever antics, and packing a sizeable audience. xQc‘s Gambling Once Again Roasted by Fellow Streamer Mathil was triggered […]
PandaScore, a renowned odd and esports data provider, has appointed David Trehondart as its new head of customer success as it looks forward to adding more talent to its already-existing team of experts. Trehondart will make sure that PandaScore’s customers enjoy as many of the products that are offered by the platform. Trehondart Held Senior […]
Allied Esports Entertainment Inc. recently announced its fourth quarter and 2021 annual financial results. The esports organizer reported a net loss of $6.3million for the quarter and $15.8 million for the entire year. This marks an improvement over 2020’s results when the Irvine, California-based esports company posted net losses of $31.7million. Things Are Starting to […]
Loot boxes are going to prevent Diablo Immortal from releasing in the Netherlands and Belgium and now, these controversial treasure chests are back in the scope of Spanish authorities who have called for a tighter review of whether the digital containers are in fact a form of gambling. This time Spain will rely on public […]
Twitch streamer xQc has said that he has been able to generate a total of $119 million – so far – for his gambling sponsor, Stake.com. The streamer was quoted by Metro.co.uk, which dug deeper into the streamer’s interest in gambling – a passion that has been rekindled over the past weeks. Gambling Sponsorships More […]
Developer of virtual sports and betting solutions GoldenRace announced today it has recently signed a deal with Betsson Group to become the group’s first and only Virtual Games provider in Greece. New Addition to Greek Portfolio The agreement between Betsson Group and Golden Race will allow online players in Greece to enjoy the Virtual Sports […]
Esports powerhouse OG and sports betting operator 1xBet have signed a new partnership that will have OG Esports develop dedicated video content that will be distributed to 1xBet esports and OG fans. The content series will include “Road to The International” and other unique productions that successfully capture the interest in competitive video gaming. 1xBet […]
Rustam “5TRYK#R” Alimkulov, a retired Counter-Strike: Global Offensive athlete, has dug some dirt on a former teammate. According to 5TRYK#R, Abay “Hobbit” Khasenov who now plays for Cloud9 tried to fix matches seven years ago. The Whole PARTY Squad Fixed Games According to the esports news outlet Dexerto, 5TRYK#R and HObbit used to play together as the […]
