Tag Archives: Esports Technologies

Colossus Bets targets US expansion following new CEO addition

SBC News Colossus Bets targets US expansion following new CEO addition

Paula Cara Farcas will assume the position as Colossus Bets’ CEO, filling the role upon the upcoming departure of David O’Reilly. Taking over from the outgoing O’Reilly, Farcas will vacate her position as CTO, with Alberto Zuin subsequently filling this vacancy from his current position of CIO and CISO. Meanwhile, Laurence Jones, the company’s Head of Product, will be promoted …

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Incentive Games boosting headcount to support large-scale growth plans

SBC News Incentive Games boosting headcount to support large-scale growth plans

According to The Scotsman, free-to-play (FTP) games developer Incentive Games is planning on hiring an additional 30 employees.  The company – which develops its products for sports betting, fantasy sports and casino operators – has reportedly set  a goal of tripling turnover to £15m by December 2023.  To support this ambition,the Edinburgh and Newcastle-upon-Tyne based Incentive plans to expand its …

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Esports Technologies rebrands as EBET to reflect multi-product vision

SBC News Esports Technologies rebrands as EBET to reflect multi-product vision

In a bid to better reflect its corporate mission and the young demographic audience it targets, Esports Technologies has rebranded as EBET. The new corporate identity has been chosen to showcase the company’s expanded services, which now includes traditional sports and casino games alongside its flagship esports offering.  Additionally, the firm has also stated the rebrand better reflects its target …

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Aspire Global revenue climbs to €46m as momentum maintained on B2B refocus

SBC News Aspire Global revenue climbs to €46m as momentum maintained on B2B refocus

Aspire Global has maintained ‘continued strong business momentum’ in the first quarter of 2022 according to CEO Tshashi Maimon, as the group prepares to move forward with its €410 million merger with NeoGames. The international B2B gambling group recorded an increase in Q1 revenues of 31.7% to €46.3 million (Q1 2021: €35.2m), along with a rise in EBITDA of 18.7 …

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Incentive Games secures ‘flagship moment’ with Esports Technologies deal

SBC News Incentive Games secures ‘flagship moment’ with Esports Technologies deal

Incentive Games and Esports Technologies have entered into a commercial agreement, with the former supplying the esports betting provider with free-to-play games.  The software licence and service agreement deal will see Esports Technologies incorporate a customised suite of free-to-play products into its range of brands, including a number of European operators.  Esports markets covered by the partnership include CS:GO – …

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Aspire Global lauds B2B reorientation whilst continuing to back NeoGames takeover

SBC News Aspire Global lauds B2B reorientation whilst continuing to back NeoGames takeover

Aspire Global has cited the success of its renewed focus on B2B operations, following the divestment of its B2C divisions towards the close of last year, whilst continuing to recommend NeoGames takeover bid to its shareholders.  As detailed in its Q4 and full-year trading report, the Nasdaq-listed gaming solutions provider highlighted a revenue increase of 14.7% during the final quarter …

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Esports Technologies expands intellectual property holdings with latest patent

SBC News Esports Technologies expands intellectual property holdings with latest patent

Esports Technologies has filed a patent for a ‘”Financial Instrument Performance-Based Pari-Mutuel Betting System and Method’ to offer a pool betting market for its customers.  Developed by the esports betting operator with the aim of strengthening player engagement and delivering a faster betting service to its customers, the new system uses an ‘electronic betting experience’ using a group of financial …

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Esports Technologies secures UK licence following Aspire acquisitions

SBC News Esports Technologies secures UK licence following Aspire acquisitions

Following on from its acquisition of Aspire Global’s B2C assets, Esports Technologies has confirmed that it has gained a UK gambling licence under the terms of an operator services agreement. Esports Technologies, which is listed on the US Nasdaq as EBET, took over Aspire’s B2C operations for $76 million (€68m), including UK-focused online sports betting and casino brands Karamba, Hopa, …

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Esports Technologies files MOBAs wagering IP

SBC News Esports Technologies files MOBAs wagering IP

Esports Technologies Inc has filed a new patent application protecting the IP of its modelling system pricing multiplayer esports battle games. The patent asserts that Esports Technologies has assigned unique systems and methods utilising proprietary statistical tools to represent the exact score distribution of kills in multiplayer online battle arenas (MOBAs). Applying its modelling system, Esports Technologies underscores that it …

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Growth hungry Esports Technologies opens Malta office 

SBC News Growth hungry Esports Technologies opens Malta office 

Esports Technologies Inc has continued its strategic expansion by announcing the opening of a ‘state-of-the-art’ office in Malta, supporting the Nasdaq group’s European growth plans. The Malta office will house the majority of Esports Technologies’ staff that directly support its European igaming operations and work closely with the Esports Technologies technology hub located in Dublin. The firm’s new Malta office …

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