GAMURS<\/strong>, the company behind esports coverage site Dot Esports<\/a>\u00a0has closed a $3.5 million (\u00a32.64m) round of funding in a capital raise led by Aura Funds Management<\/strong>. It has also announced a partnership with Puntaa, to launch an ICO for a daily fantasy sports (“DFS”) site with an esports focus.\u00a0<\/span><\/p>\n
The initial report<\/a>\u00a0suggests that the money will be used to “expand games coverage” and “go global”. Given the wide reach that GAMURS already has, and CEO and Founder Riad Chikhani’s statement that: “he had chosen to take Aura on as an investor because of its connections to Asia”, could imply that GAMURS is targeting expansion into Asia.<\/span><\/p>\n
Tristan Terry, Aura Funds Management Associate Director<\/strong> told\u00a0<\/strong>AFR<\/a>:\u00a0<\/strong>“As it becomes more mainstream \u2026\u00a0you will have the traditional marketing and technology businesses also looking at it and I\u00a0think the niche tag will slowly disappear and it will become a standalone sector that\u00a0demands the dollars of more traditional media companies.”<\/span><\/p>\n
Interestingly, GAMURS has also partnered with Puntaa to launch Skrilla\u00a0<\/a>an esports Daily Fantasy offering. Skrilla is already regulated in Australia but outlined plans for expansion to Europe and North America already. It’s not the first esports DFS offering we’ve seen, and it will likely not be the last. \u00a0<\/span><\/p>\n
GAMURS, the company behind esports coverage site Dot Esports\u00a0has closed a $3.5 million (\u00a32.64m) round of funding in a capital raise led by Aura Funds Management. It has also announced a partnership with Puntaa, to launch an ICO for a daily fantasy sports (“DFS”) site with an esports focus.\u00a0 Credit: DreamHack and Will Copus for … Continued<\/a><\/p>\n","protected":false},"author":3,"featured_media":8031,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","esi_template":"default","excluded":false,"footnotes":""},"categories":[63,87,55,106],"tags":[718,850,2678],"class_list":["post-8029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","category-gambling","category-esports-titles","category-latest-news","tag-dfs","tag-gamurs","tag-ico"],"acf":[],"yoast_head":"\n