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Players Lounge lets gamers make money off their eSports skills

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Players Lounge lets gamers make money off their eSports skills
Photo credits: PlayersLounge
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Online gamers love to talk a big game, but how willing are they to put their money with their mouth is? Players Lounge is a home for gamers looking to make friendly wagers with strangers and friends in head-to-head matches.

When we first covered the startup back in 2015, the team was getting people together at bars in New York for one-off FIFA tournaments on slow nights. Since then, Players Lounge has moved towards greater scalability, though their niche has still centered heavily on sports titles like FIFA and Madden. The company is launching out of Y Combinator’s latest class with some new funding and some new plans to capture gamers’ attention.

The company is already expanding beyond its console sports roots, and has added support for titles like Fortnite and Call of Duty, though there’s still a lot of room for the company to flex on PC which hosts some of the most devoted gamers.

After connecting their gaming accounts, users load cash onto the platform via credit card, PayPal or Bitcoin and can use the funds to enter into head-to-head wagers. The company takes 10 percent of wagers. Bets can range from $2.50 to $500. When it comes to legality, because eSports are considered a game of skill in most states, Players Lounge can operate without a hitch. A few states still don’t allow it though, so if players are in Arizona, Iowa, Louisiana or North Dakota, they won’t be able to make wagers on the site.

One of the biggest issues with online gameplay is matching users of similar skillsets to each other. No one wants to get thrown into a match with a professional eSports player when they barely know what they’re doing. Players Lounge has its own rating system to independently determine someone’s skills as a gamer on a 100-point scale so that users can match themselves up for head-to-head battles accordingly before they pony up a wager.

When money comes into play, gaming can understandably turn ugly. Add in the largely anonymous quality that comes from just knowing someone by their user name and you’re left with a platform ripe for abuse. Players Lounge hasn’t been shy about bringing down the ban hammer on users trying to game the system. In the future, it’s looking to mandate the use of anti-cheating software for anyone on the platform.

The company is looking to add support for larger groups to go at it against each other rather than the current 1v1 wagers. As the company has added support to new titles, its revenues have grown 100 percent month-over-month for the past four months on an annualized run rate of $2 million, the company says. Users are also sticking around, the company says that 30 percent of users play another match within 12 weeks of playing their first game on the service.

 

Source: Techcrunch

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eSports

ESIC and MOONTON Games Enter into Strategic Partnership

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The Esports Integrity Commission (ESIC) and MOONTON Games, the publisher behind the popular mobile game Mobile Legends: Bang Bang, have entered into a strategic partnership to bolster integrity within the esports ecosystem. This collaboration marks a significant step towards ensuring fair play and ethical standards across mobile esports, a rapidly growing sector of the global gaming industry.

Through this Memorandum of Understanding (MoU), ESIC and MOONTON Games will work together on a range of initiatives aimed at safeguarding the integrity of esports. The partnership encompasses activities such as information sharing, educational campaigns, policy development, risk management and the identification of emerging threats in the esports environment. MOONTON Games will also join ESIC’s Publisher Committee, actively participating in shaping integrity policies and providing industry insight.

“MOONTON Games has long been the leader in the global mobile esports space, and we are excited to welcome them as a partner in our ongoing efforts to protect the integrity of esports. Through this partnership, we aim to promote a fair and secure competitive environment, ensuring that mobile esports can continue to thrive,” said Stephen Hanna, CEO of ESIC.

Lucas Mao, Managing Director of Global Esports at MOONTON Games, said: “Professionalism and integrity have always been cornerstones of Mobile Legends: Bang Bang competitive esports. By working together with ESIC, we are setting a new standard for fairness in esports and reaffirming our commitment to building a transparent and ethical gaming environment where excellence and integrity go hand in hand.”

Additionally, both ESIC and MOONTON Games will explore joint opportunities to develop policies that address the unique challenges of mobile esports. This includes identifying potential risks in the growing mobile esports ecosystem and working collaboratively to mitigate them through industry-leading practices.

This collaboration reflects the growing importance of mobile gaming in the esports world and reaffirms both organisations’ commitment to fostering transparency, fair competition and ethical behaviour.

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eSports

GG.BET: win signed Team Vitality jerseys and get a deposit bonus of up to 200% for BLAST Premier: Fall Final 2024

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With BLAST Premier: Fall Final 2024 just around the corner, esports betting brand GG.BET is teaming up with Team Vitality to hold a draw where you can win signed player jerseys with the new design. GG.BET customers will also be able to get their hands on a deposit bonus of up to 200% and a €10 freebet. Use this bonus on the gg.bet website between 25 and 29 September.

BLAST Premier Fall Final 2024 is the last stage of this epic Counter-Strike 2 tournament, which takes place from 25-29 September in Copenhagen, Denmark. 8 teams will battle it out for a $425,000 prize pool and a place in the World Final, the culmination of the 2024 BLAST Premier tournament series.

To mark this final stage, the tournament’s exclusive betting partner GG.BET and tier-1 club Team Vitality are giving away signed jerseys from each player. The draw will be held on GG.BET’s and the players’ pages on X.

To take part in the prize draw, participants must:

  1. Follow GG.BET on Х.
  2. Follow the Team Vitality player whose autograph you’d like to see on your signed jersey: ZywOo, apEX, flameZ, Spinx or mezii.
  3. Each player is tasking participants with predicting what one of their in-game stats will be at the end of the Fall Final. Leave your predictions in the comments below this post.

You can take part in this draw from 24-29 September. Winners will be selected on 30 September from among all participants who comply with the terms of the promotion and leave the most accurate predictions. Each participant has a chance to win a jersey from all 5 players. The more accurate your prediction is, the more likely you are to win.

GG.BET is also offering its customers a special bonus for BLAST Premier Fall Final 2024: a 200% deposit bonus and an additional freebet.

How to use your bonus from GG.BET:

  1. Register on the GG.BET website or log in to an existing account.
  2. Activate the relevant offer in the Promotions section.
  3. Make a deposit of at least $20 to get a bonus of up to 200% and a freebet.

This offer is available from 00:00 (UTC+0) on 25 September 2024 to 23:59 (UTC+0) on 29 September 2024.

 

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Mortal nominated for ‘Esports Content Creator of the Year’ at global Esports Awards 2024 Part 2

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Naman ‘Mortal’ Mathur, co-founder of S8UL and widely recognized as the ‘Face of Indian gaming and esports,’ has been nominated for the prestigious ‘Esports Content Creator of the Year’ award at the Esports Awards 2024 Part 2, which is set to take place on November 14th, 2024, in London.

This marks Mortal’s sixth consecutive nomination at the global Esports Awards, highlighting his immense influence and contributions to the esports community, both in India and globally. The 27 year old will be up against some of the biggest names in the industry including Tarik Celik, Ibai Llanos Garatea, and Marc ‘Caedrel’ Lamont, in his category.

Following the conclusion of The Esports World Cup, the first part of The Esports Awards took place in Riyadh in August, where Mortal bagged the Runners-up title in the Esports Personality of the Year category and S8UL Esports, created history at the event by winning the Content Group of the Year award for the third consecutive time, a feat no other organisation, globally, has achieved at this platform.

Recently, Mortal and S8UL Esports have also been acknowledged with multiple nominations at the MOBIES Awards 2024, recognizing their exceptional content and significant impact on the mobile gaming industry. Mortal has been nominated in the ‘Mobile Content Creator of the Year’ category, while S8UL Esports has received nods for ‘Mobile Organisation of the Year’ and ‘Live Event of the Year’ for their S8UL Gaming Fest 2023.

These nominations reaffirm the remarkable influence of Mortal and S8UL in shaping the future of Indian esports and creator economy on the global stage.

Naman Earns Sixth Nomination at Esports Awards:

  • 2020: Esports Mobile Player of the Year- 3rd position; Streamer of the Year- 2nd position
  • 2021: Streamer of the Year – 2nd position
  • 2022: Esports Personality of the Year – 2nd position
  • 2023: Esports Personality of the Year – 2nd position
  • 2024: Esports Personality of the Year – 2nd position
  • 2024: Nominated for “Esports Content Creator of the Year”
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