The eSports Betting Industry Is Growing Exponentially Becoming the Market's Hottest Trend

PALM BEACH, Fla., May 20, 2021 / PRNewswire / Attention to e-sports continues to grow significantly. Eventually, with the emergence of video games in which players fight against friends, the idea of ​​betting on who will be the winner was born. In real time, e-sports betting is considered one of the most enthusiastic trends among people who love video games and gambling at the same time. Not only are the fans growing... In 2019, intelligence agencies said that actual e-sports betting was estimated to exceed $1 billion. At that time, industry insiders believed that e-sports profits could exceed $2 billion in three years' time. In fact, they were firmly wrong. According to a report by Market Insight Reports, in the foreseeable period from 2020 to 2025, the major e-sports gaming market is expected to grow at a CAGR of 13. 1%, reaching $13. 005 billion in 2025 from $79. 832 million in 2019. According to SportingPedia, the e-sports gambling industry continues to grow exponentially. Real-time competitive video games are considered one of the most beloved entertainments around the world. The number of fans also continues to grow. In fact, a survey in 2018 showed that the number of people who often visit e-exports exceeded 170 million, and sometimes visited 222 million. In 2020,

An article from SportingPedia states: "Industry insiders believe that the future will open new horizons for the development of the esports industry. New, higher quality games will emerge to meet the ever-increasing demand for new and more exciting games. Some experts even believe that artificial intelligence will also find its place in esports. Moreover, more jurisdictions will regulate the esports betting market. More and more casinos are realizing the huge potential of the esports industry and are beginning to accept bets on esports competitions. In 2018, it was announced that Luxor Casino would open the first dedicated esports arena on the Las Vegas Strip, which created a lot of buzz. We expect this trend to continue and other land-based casinos to build such arenas."

Esports Technologies (NASDAQ:EBET) BIG NEWS - Esports Technologies Announces Exclusive Patent Licensing Agreement and New Partnership with Colossus Bets - Intellectual Property Agreement Improves User Experience of Payouts for All Esports Technologies' Products -...Esport TechnologiesEsport Technologies, a global provider of advanced sports betting products and technology, has announced an exclusive partnership with Colossus Bets, a global operator and provider of sports jackpots.

The agreement grants Esport Technologies an exclusive license to use a large portion of Colossus' extensive withdrawal patent portfolio in esports, enabling Esport Technologies to enhance users' withdrawal experience across all of its products through Colossus' foot withdrawal functionality.

The full list of patents can be found at https://esportstechnologies. com/news/.

We believe that our partnership with Colossus will usher in cutting-edge payout technology that offers both free-to-play and real money on a single platform, enabling us to offer a broader range of best-in-class esports services. The exclusive patent license provides strong intellectual property protection and customization to enhance our services, making it a powerful package of data, technology and products. We look forward to continuing to work with Colossus to deliver the best experiences to our customers on our platform.

Eva Karagyanni-Goel, the COO's highest executive officer, states: "In cooperation with e-sports technology, the value of our patented viewers to EPORT viewers. We are happy to be able to do it, which is based on our knowledge and gives us an exciting opportunity. I believe that we can really create the best skills for the panest in our own class by uniting technology, and we trust our subsequent collaboration.

This poster is the release of ESPORTS Technologies on the Nasdaq Stock Exchange, continuing to develop a Gogawi platform in the Asi a-Pacific region, and "provides advanced products, platforms, and advertising decisions for Ether Betting." It is consistent with the company's expressed strategy. "Continue ... Please read these announcements and other announcements regarding eBET from the link: https: // eSportStestestetchNologies. Com/News/.

There are other interesting announcements from the gaming world:

DRAFTKINGS INC (NASDAQ: DKNG) A little while ago, we announced its achievements in the first quarter of 2021. The main feature of the first quarter of 2021 looks like a clock: for three months, which ends on March 31, 2021, the draft kings's profits are $ 31 million, a comparative stage in 2020. It was 253 % of comparison with $ 89 million. Next, in 2020, the business integration between SBTECH (Global) Limited (SBTech) and Diamond Eagle Acquisition Corp. completed on April 23, 2020 were foreseen as if it had occurred on January 1, 2019. The company gained 175%in comparison on March 31 for a thre e-month comparison.

"C o-founder and Managing Director and Draft Kings Chairman Jason Robins said," The Draft Kings has been in great shape since the start of 2021. We will maintain the intended course, the acquisition of VSIN and Blueribon software will enhance content and technical capabilities, and we plan to introduce a public function to DFS applications, DFS and Sportsbook mobile applications, and differentiate the products after that. I invested.

You can do it so that you can do it so that you are actually a promise, everyone can quickly ignore these seemingly accurate {} people. can.

As part of this collaboration, the band fans provide unique music and game content on the Enthusiast Gaming platform, and the band is also the honor member of Team Luminosity. The on e-hour promotional event for ColdPlay's new hit single "HIGHER POWER" will be held on Thursday, May 20, 2021 at 19:00 EDT and will be streamed on the LUMINOSITY GAMING Twitch channel. ColdPlay performed at this event, and ZHU, who was nominated for the Grammy Award as an artist of Luminosity Gaming, also shows off the official remix of the song. DJ HARLEY FRESH, a popular Twitch and member of the Luminosity Gaming team, will also perform at the event.

Corsair Gaming (NASDAQ: CRSR) recently announced its first quarter performance on March 31, 2021. Highlights were $ 529 million in the first quarter of 2021, up 71, 6%yea r-o n-year. The sales of the peripheral device business for gamers and creators increased by 131. 9 % to $ 175. 9 million. The sales of the gaming component system divisions were $ 353. 5 million (up 51, 9 % yea r-o n-year), gross profit of $ 160. 3 million (up 103, 9 % yea r-o n-year), and gross profit margin. It was 30. 3 % (up 480 bp from the same period of the previous year). Gamers and creators' peripheral device divisions were 68, 900 million dollars, up 211, 1 % yea r-o n-year.

Gaming components and systems divisions have $ 91. 5 million (up 61, 9 % yea r-o n-year), operating income is $ 67 million (up 404, 5 % yea r-o n-year), and operating profit after adjustment is $ 80. 4 million. (Increased 221, 4 % yea r-o n-year), net income was $ 46 million (in the same period of the previous year, $ 12 million, $ 0, 01 per share after sparse). Net income is $ 46 million ($ 0, 47 per share after sponsens), net income in the same period of the previous year is $ 1. 2 million ($ 0, 01 per share), and net income is $ 58 million. It increased $ 4. 2 million (4 %) for $ 0, 58 per share after sparse, as net income of $ 11. 2 million after adjusting the same period of the previous year ($ 0, 58 per share). EBITDA after adjustment, $ 80. 4 million, up 196, 6 % yea r-o n-year, EBITDA margin after adjustment, 15, 2 %, 640 basic points from the same period of the previous year, as of March 31, 2021, cash and us e-restricted funds. The revolving credit facility was $ 48. 1 million, the lon g-term debt was $ 294. 3 million, and the cash flow due to sales activities was $ 27 million and $ 8 million.

Elys Game Technology (Nasdaq: Elys) recently announced its 2020 achievements. Revenue, that is, the game volume was $ 122 million in 2016 to $ 574 million in 2020, with an annual growth rate of 47 % as its business expansion accelerated. Despite the influence of COVID-19, Elys expanded physical presence and searched for integration with an increase in online operators, so sales in 2020 were $ 574 million, 454 million in 2019. It increased 26 and 5 % from the dollar.

The benefits of the omn i-channel strateg y-2020 sales have become a major milestone for Elys, with the goal of over $ 500 million, despite the difficulties of global pandemic (global trends). The fact that the company has reached this level supports the omn i-channel strategy that combines both online and actual stores. During the pandemic, the gamer shifted from a physical store to an online, which led to an increase in total online game income. Elys's revenue is expected to continue growing in pursuit of expanding initiative. The management team has high expandability, and can continue to support growth and expanding initiative, reflecting the entry into new markets, which are expected to grow in the potential M & amp; A and esports. I'm thinking. < SPAN> Elys Game Technology (Nasdaq: Elys) recently announced its 2020 achievements. Revenue, that is, the game volume was $ 122 million in 2016 to $ 574 million in 2020, with an annual growth rate of 47 % as its business expansion accelerated. Despite the influence of COVID-19, Elys expanded physical presence and searched for integration with an increase in online operators, so sales in 2020 were $ 574 million, 454 million in 2019. It increased 26 and 5 % from the dollar.

The benefits of the omn i-channel strateg y-2020 sales have become a major milestone for Elys, with the goal of over $ 500 million, despite the difficulties of global pandemic (global trends). The fact that the company has reached this level supports the omn i-channel strategy that combines both online and actual stores. During the pandemic, the gamer shifted from a physical store to an online, which led to an increase in total online game income. Elys's revenue is expected to continue growing in pursuit of expanding initiative. The management team has high expandability, and can continue to support growth and expanding initiative, reflecting the entry into new markets, which are expected to grow in the potential M & amp; A and esports. I'm thinking. Elys Game Technology (Nasdaq: Elys) recently announced its 2020 achievements. Revenue, that is, the game volume was $ 122 million in 2016 to $ 574 million in 2020, with an annual growth rate of 47 % as its business expansion accelerated. Despite the influence of COVID-19, Elys expanded physical presence and searched for integration with an increase in online operators, so sales in 2020 were $ 574 million, 454 million in 2019. It increased 26 and 5 % from the dollar.

The benefits of the omn i-channel strateg y-2020 sales have become a major milestone for Elys, with the goal of over $ 500 million, despite the difficulties of global pandemic (global trends). The fact that the company has reached this level supports the omn i-channel strategy that combines both online and actual stores. During the pandemic, the gamer shifted from a physical store to an online, which led to an increase in total online game income. Elys's revenue is expected to continue growing in pursuit of expanding initiative. The management team has high expandability, and can continue to support growth and expanding initiative, reflecting the entry into new markets, which are expected to grow in the potential M & Amp; A and Esports. I'm thinking.