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Esports producer Activision Blizzard to report earning

Niji Narayan

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Photo credits:https://medium.com
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California-based Video game giant Activision Blizzard, Inc. will report earnings on Thursday, May 3, after the closure of market. The company’s performance could give us an indication of where the business is heading to in the next decade. There are the usual operating metrics to look for like revenue and earnings from video games, but a lot of attention will also be on how esports is going to drive the business going forward.

Here are the important things to check in next week’s earnings report, starting with high-level numbers.

It is also important to check net bookings, where guidance was $1.28 billion for the quarter. Bookings will be lower than revenue because of a lack of new games in the quarter, but will still give an indication of the momentum of the business.

The most notable growth initiative for Activision Blizzard in 2018 is esports. Overwatch League was launched early this year and Call of Duty World League continues to expand, recently holding an event in Seattle.

What I’ll be watching in the first quarter is the financial impact esports is having on the business. Twitch reportedly agreed to a $90 million streaming deal with Overwatch League and, according to ESPN, HP Omen and Intel agreed to $17 million and $10 million advertising deals, respectively. There’s also advertising and content deals with Sour Patch Kids, T-Mobile and Toyota that could drive more revenue.

Now esports leagues are generating tens of millions of dollars in revenue and have tens of millions of viewers, we should start to see some impact on the financial statements of Activision Blizzard, which would help investors evaluate the long-term opportunity.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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WinZO Announces $1.5 Million Fund to Support Game Developers

Niji Narayan

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WinZO Announces $1.5 Million Fund to Support Game Developers
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The e-sports gaming platform WinZO has announced a $1.5 million fund to support game developers and acquire content for the platform.

“Through this fund, we are looking to partner with Gaming Studios as well as independent game developers by offering them an infrastructure to develop top quality content and a powerful platform to monetize their games from day one. A sector gets disrupted when the best brains of the world work actively towards unlocking its potential. Through this initiative, we look forward to interacting with highly enthusiastic and top-notch talent, keen at creating a dent in the global gaming ecosystem,” Paavan Nanda, Co-founder, WinZO said.

WinZO, which is backed by Kaalari Capital, offers more than 25 games on its app-based platform in ten languages. It aims to develop real-time multi-player mobile gaming experience that is social, inclusive and accessible for the first-time smartphone users in Tier 2 and Tier 3 markets.

WinZO would use the funds, set aside to develop localised content for the platform in partnership with cherry-picked game developers in India and around the world.

“WinZO’s social multi-player skill gaming platform clocked 100 million gaming minutes every day and has been able to successfully monetize this engagement. The company is growing 50 per cent month on month. On one hand, large OTTs platforms are struggling to monetize in India, but WinZO is facilitating the first-ever M&E transactions from the tier 2 or tier 3 audiences,” Paavan Nanda added.

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eSports

eSports and Gaming Platform Zengaming Signs with AU10TIX for 2nd Generation ID Authentication & Onboarding Automation

George Miller

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eSports and Gaming Platform Zengaming Signs with AU10TIX for 2nd Generation ID Authentication & Onboarding Automation
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AU10TIX will power eSports and gaming Social Network, Zengaming (Zen Gaming) with automated forensic-level forgery, counterfeiting and collateral risk detection in customer-submitted ID document images, as well as retrieving ID document content required for KYC.

Zengaming has chosen AU10TIX following comparative testing against other solutions, where AU10TIX 2nd generation technology has detected image manipulations that other systems failed to detect. AU10TIX technology is already used by major brands in a broad range of markets and geographies also thanks to a proven superior ability to handle borderline quality images, hence increasing customer conversion rates. AU10TIX solution portfolio includes all essential building blocks of customer onboarding in KYC regulated markets. These include the handling of ID documents, biometric Selfie-to-ID face matching with advanced anti-spoofing Liveness detection, identity data verification and PEP/Sanction screening, etc. AU10TIX also offers clients SDKs that can improve the capturing of ID documents and faces at a level suitable for forensic-level authentication.

“We chose AU10TIX technology first and foremost based on its superior ability to detect sophisticated fraud that others failed to detect,” says Jimi Gecelter, CEO of Zengaming: “The gaming industry is continuously threatened by sophisticated fraud attempts, which is why we put effective fraud protection at the top of our priorities. When put to the test, AU10TIX 2nd generation technology has proven clear superiority, detecting more fraud and converting customer submitted images to workable onboarding records. We are now able to offer our customers with the strongest fraud protection, while making onboarding much faster and simpler.”

“We are happy to welcome Zengaming to our growing family of clients,” says Ron Atzmon, Managing Director of AU10TIX: “We are also happy to have proven yet again better than any other solution in a challenging head to head shootout. AU10TIX BOS is deployment-ready for eSports and gaming, already demonstrating its ability to combine better fraud protection and regulatory compliance, while improving operating efficiency, saving costs, and streamlining customer experience.”

“Gaming, eSports and related markets are seeing ever increasing threat from fraudsters. At the time, regulatory demands increase, and operating efficiency becomes a competitive edge,” says Ofer Friedman, VP Marketing of AU10TIX: “This is a technology designed for the new types of fraud Gaming sees. Especially genuine-stolen-Personal-Data based Photoshop-ed counterfeits that can pass conventional ID “Verification” solutions, let along back office examination. AU10TIX 2nd generation technology whose roots are in solutions for airport security and border control, has been designed from the onset for deeper fraud protection. It goes forensic, it is 100% automatically, and at it does so with response times similar to what standard solutions take to extract data and run logical-only checks. Actually, Zengaming is now powered with the same technology that powers the best equipped global players.”

 

About Zengaming:

Zengaming is a gaming company founded in 2015, set out to create products that will bring value to eSports enthusiasts and gamers worldwide. Zengaming’s most recent product Lootbear.com is a one of its kind virtual item marketplace that enables users to rent virtual items from each other for a fixed monthly price. This innovative idea makes virtual items accessible for everyone, gamers no longer need to spend hundreds of dollars on in game items, now they can rent them for just a fraction of the price. The product was released last year and already has over 10M hours of rented items and hundreds of thousands of users. Lootbear is the fastest growing marketplace in gaming and the only that offers rental service.

 

About AU10TIX:

AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company’s products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.

For more information, visit www.au10tix.com

 

Source: AU10TIX

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eSports

SNICKERS and NBA 2K League Announce Partnership

George Miller

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SNICKERS and NBA 2K League Announce Partnership
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Who’s hungry?

NBA 2K League’s new partner SNICKERS has got you covered!

The NBA 2K League and SNICKERS® have announced a partnership that makes Snickers the Official Chocolate Bar of the NBA 2K League. Beginning from last Friday on the NBA 2K League’s live Twitch and YouTube broadcast and social media channels, the NBA 2K League will pick the SNICKERS® “Hungriest Player to Watch” – the player who has the most on the line that night and the most to prove. This activation will take place each game night for the rest of the 2019 season, including the 2019 NBA 2K League Playoffs and Finals, which tip off Wednesday, July 24.

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