This week in esports: Betting, Gen.G, Team Reciprocity, Tribe Gaming

27 March 2020

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As always, we’ve rounded up the biggest and best stories from the past week so you can stay abreast of the industry’s biggest happenings. This week in esports saw Nevada approve betting on ESL Pro League, Tribe Gaming receive $1M, Team Reciprocity scale back, and Gen.G partner with Han Sung Motor.

We also have a twice-weekly newsletter that informs you of every significant happening in the business and industry side of esports, feel free to subscribe here.

Gen.G partners with Mercedes-Benz dealer Han Sung Motor

Han Sung Motor Gen.G
Image credit: Gen.G

Multinational organisation Gen.G established a partnership with Mercedes-Benz Korea dealer, Han Sung Motor.

The deal will see Gen.G collaborate with Han Sung Motor on “unique experiences” for fans. Han Sung Motor will supply vehicles to transport Gen.G’s players and host events and viewing parties.

Read the full article here.

Nevada regulators approve betting on ESL Pro League

ESL Pro League Nevada Betting
Photo credit: ESL

The Nevada Gaming Control Board approved betting on Counter-Strike: Global Offensive’s ESL Pro League Season 11: North America in three wager types.

With this ruling, regulators will allow all licensed bookmakers in Nevada to post and accept wagers on the tournament, under specific conditions. The Nevada Gaming Control Board has approved wager types for head to head, winner of each match, and overall season winner.

Read the full article here.

Team Reciprocity releases staff amid downscaling

Team Reciprocity Downscaling
Image credit: Team Reciprocity

North American organisation Team Reciprocity downscaled its business, which included the release of its staff.

As part of the downscaling, Team Reciprocity will only retain its teams in Crossfire, which was established in partnership with LGD Gaming, and in League of Legends, in partnership with Rainbow7.

Read the full article here.

Tribe Gaming raises over $1M, including from NBA, WWE stars

Image credit: Tribe Gaming

Mobile-centric esports organisation Tribe Gaming closed its seed funding round, raising over $1 million (£831,680).

Boston Celtics player Gordon Hayward was part of the round, alongside WWE pro wrestler Claudio “Cesaro” Castagnoli. They will serve as strategic advisors to the organisation along with others who contributed.

Read the full article here.