The eSports Beat - June 23, 2021

Written by:
Ean Lamb
Published on:
Jun/23/2021

Gambling911.com has your latest eSports news, including topics associated with betting. Weekly 20% eSports rebates available.

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Atlantic City

NJ money aims to make Atlantic City the national esports hub

(AP) - New Jersey is investing $200,000 in a center to help Atlantic City and the state become a national hub for the billion-dollar competitive video game industry, known as esports. 

The New Jersey Economic Development Authority and Stockton University on Tuesday signed an agreement to establish an esports Innovation Center at the university’s Atlantic City campus. 

It was the latest manifestation of New Jersey’s interest in being not only a player but a leader in the fast-growing esports industry. 

Newzoo, a research firm that tracks the industry, projects it will generate $1.08 billion globally this year, an increase of 14.5% over last year.

Dota 2

Sweden won’t consider Dota 2 an ‘Elite Sport,’ threatening the International 2021

Sweden has gone out of its way to deal a blow to esports and Valve’s upcoming DOTA 2 The International Championship. Valve just issued a blog post that said that despite assurances everything would be fine for the coming year, Sweden has unexpectedly reversed course.

“Over the course of the past year, Stockholm Live and Visit Stockholm continued to reassure us in our regular and constant communications with them that The International - Dota 2 Championships qualified for the same exemptions other elite sporting events there received.

However, despite previous reassurances, we were informed two weeks ago that the Swedish Sports Federation had just voted not to accept esports into the sports federation.

In subsequent (and immediate) meetings with the Swedish Esports Federation (SESF) and Visit Stockholm we discovered our only remaining option was to ask Sweden's Minister of the Interior to reclassify The International - Dota 2 Championships as an elite sporting event. Our request was immediately denied.”

Esports Technologies

Esports Technologies Files Patent for Live Streaming Wagering Technology

LAS VEGAS,  -- Esports Technologies, Inc. (NASDAQ: EBET), a leading global provider of advanced esports wagering products and technology, announced that it has filed a comprehensive provisional patent application for its technology that enhances the betting experience for sports and esports live streaming events. The provisional patent filing covers a proprietary technology that integrates sports and esports wagering across many of the world’s most popular live streaming platforms, including Twitch, YouTube, Amazon TV & Gaming, Facebook Gaming, and Hulu among others.

Aaron Speach, CEO, Esports Technologies, said, “How we watch and bet on sports has changed and this patent-pending technology is the next step. Our technology will allow bettors to stay in the zone, accessing everything they need right there in the browser without ever leaving their streaming environment. The industry is ripe for this kind of innovation. This patent filing is the first step for us in our continued journey to enhance the wagering experience for everyone.”

Live streaming has seen explosive growth – rising from 1.97 trillion hours watched in 2019 to 3.93 trillion in 2020. Live streamed gaming content was also on the rise, with fans watching more than 27 billion hours of esports across Twitch, YouTube Gaming, and Facebook Gaming in 2020. Esports Technologies’ streamlined, highly intuitive interface will integrate seamlessly with leading streaming platforms and will offer an immersive wagering experience for fans. Bettors that consume gaming content online will have the ability to see odds in real-time and make prop bets in their browser. All of the in-browser technology will be powered by Esports Technologies’ real-time data feed. To learn more, visit our website at www.esportstechnologies.com.

- Ean Lamb, Gambling911.com

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