June was a rather quiet month with regards to esports betting. However, there was a growing emphasis on education — from both Abios and Zuber Lawer in particular. The month also saw a Casino become integrated into esports, and a fantasy esports start-up secure a significant investment figure. Click the respective links below to read the full story.
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Esports Insider and law firm Zuber Lawler have collaborated to launch the U.S. Esports Gambling Report, a white paper that provides a detailed overview of esports betting regulation developments through the end of 2021.
The report, available on ESI Marketplace, meticulously runs through each U.S. state’s current esports betting legislation (accurate as of the end of 2021), highlighting state laws and their position on esports and sports betting. There’s a sample report available free of charge, and the far more comprehensive paid report is available too.
US-based casino Agua Caliente Casino Cathedral City launched eSports After Dark, a weekly activation taking place at its sports bar that sees guests compete in esports tournaments.
Agua Caliente Casino becomes the latest gambling institute to integrate esports into its premises. Perhaps the most well-known case of esports and casinos coming together is the HyperX Esports Arena, which is located at the Luxor Hotel & Casino in Las Vegas.
Esports data and technology company Abios has partnered with esports betting technology company Kambi to create a white paper focused on esports betting.
According to the two companies, the white paper will discuss various standpoints within esports betting. This includes regulation, compliance, and trends in the betting sector, as well as other similar topics. Kambi Group acquired Abios in 2021 in a deal worth up to £22m.
Indian esports startup FanClash has secured a Series B funding round investment of $40m (~£32m), led by Sequoia Capital, Falcon Edge, Info Edge India and Matic Network.
The company plans to use the funds to scale and hire additional talent for its fantasy esports platform and esports tournament operations. Users of the platform can receive monetary rewards through its fantasy leagues, as well as through weekly and daily tournaments and challenges.
Demystifying cryptocurrency in esports is a five-part series created in collaboration with Bitcashier, a corporate-focused cryptocurrency trading platform, to unravel the nascent relationship between cryptocurrency and esports.
The previous part, Part 3, dove into current use cases cryptocurrency already provides in the esports industry, while Part 4 explores emerging and future use cases.
Game developer and publisher Riot Games and data company Bayes Esports have expanded their data portal for League of Legends esports.
Esports Insider spoke with Riot Games’ Competitive Data Programs Manager John Knauss and Bayes Esports’ CEO Martin Dachselt about the new LoL Esports Data Portal.