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Motorsport Games and ACO Enhance and Extend Le Mans Esports Series Joint Venture

Niji Narayan

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Motorsport Games and ACO Enhance and Extend Le Mans Esports Series Joint Venture
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Motorsport Games Inc. has announced an update to its joint venture agreement with its strategic partner, the Automobile Club de l’Ouest (ACO), which will now see the Le Mans Esports Series Ltd create, develop and publish video games, in addition to esports, based upon the iconic 24 Hours of Le Mans and FIA World Endurance Championship.

This updated joint venture replaces the original agreement entered into between Motorsport Games and ACO in 2019 and extends the agreement to a ten-year rolling license.

This agreement follows the success of the Le Mans Esports Series and 24 Hours of Le Mans Virtual event in June 2020.

“The 24 Hours of Le Mans Virtual in 2020 was the perfect illustration of what the partnership between Motorsport Games and the ACO can create. We are delighted to extend our agreement to include the creation of endurance video games based upon the 24 Hours of Le Mans and FIA World Endurance Championship, while also extending the length of our partnership and increasing the scope of our esports offering,” Dmitry Kozko, CEO of Motorsport Games, said.

“On the heels of our recent IPO, this is one immediate step in further prioritizing major market opportunities with valued long-term and iconic partners like the ACO,” Kozko added.

“For the past 2 years the ACO, in joint venture with Motorsport Games has embarked on a major E-sport strategy. Last June, the Virtual 24 Hours Le Mans marked an important milestone in this programme. Now, the aim of this partnership is not only to propose an attractive virtual Le Mans Series but also to create a game dedicated to the 24 Hours Le Mans, accessible to all enthusiasts. It is essential for the ACO to continue to propose a major motorsport series especially with the imminent arrival of the Hypercar category and in several years the introduction of hydrogen, while at the same time developing an ambitious E-game programme,” Pierre Fillon, President of the Automobile Club de l’Ouest, said.

“Motorsport Games has demonstrated its passion, expertise and commitment to the ACO and the FIA World Endurance Championship. This extension of the joint venture was the natural next step in our partnership. We look forward to working together for many years to come to create best-in-class racing games and esports that reflect the values and quality of the iconic Le Mans brand,” Gérard Neveu, CEO of Le Mans Esports Series, said.

Asia

Trinity Gaming joins hands with sports communication firm Artsmith to create career awareness in gaming and esports ecosystem

George Miller

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Trinity Gaming joins hands with sports communication firm Artsmith to create career awareness in gaming and esports ecosystem
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Trinity Gaming—India’s top gaming talent management company, has signed sports communication agency Artsmith to create awareness among the gamers & influencers wanting to pursue a career in gaming content creations and how they can monetise and create a brand for themselves. With this partnership, the country’s one of the top new age communication firms Artsmith, which specialised in sports and esports PR, has added Trinity Gaming to their esports bouquet of the client list.

Currently managing more than 250 top content creators in India, Trinity Gaming has successfully established a strong platform for these specialised gamers and has transformed them into entertainers and influencers who bring much more value than just merely playing in the gaming ecosystem. The company, which was founded in 2019, has channelised the passion for gaming among millennial gamers and transformed it into a viable career option for many. Committed to bringing professionalism to the ecosystem, they have been one of the first movers in the sector and currently curate content for some of India’s top brands.

Commenting on the tie-up, Abhishek Aggarwal, Co-Founder & CEO of Trinity Gaming, said: “Gaming is all about passion and there are some brilliant minds with amazing ability to create content and these creators did not have the right backing and a strong voice to understand how to create values or a career out of it. We saw an opportunity to create a unique support system where not only the talents are groomed but also amalgamate with brands. According to the recently released EY FICCI 2021 report, online gamers grew 20% from 300 million in 2019 to 360 million in 2020. The numbers themselves validate how big is the community is. The potential is unlimited but creating a strong awareness programme is equally necessary to optimise the opportunities and I personally believe Artsmith has all the necessary experience to roll out this narrative among the gaming community.”

Artsmith, as an agency, brings in years of experience and expertise in creating an innovative mix of PR and digital communication that is innovative and value for money. “Artsmith has the experience and understanding of handholding talents and building a strong brand positioning with maximum visibility. We have worked with top Indian athletes and worked closely to transform them into sustainable content creators as well as influencers and we are confident of positioning Trinity Gaming as a new-age talent management firm with the efficiency of elevating gamers on similar lines and create India’s largest brands story experiences,” said Udita, the Founding Principal of Artsmith.

Artsmith has been successfully managing communications for global sports brands like PUMA as well as creating communications for international and national sporting events and sports leagues in the country. The company has the exclusive communication mandate for premium sports tournaments with Tata Open Maharashtra, India Open—the country’s only Superseries badminton tournament organised by the Badminton World Federation (BWF) being some of the key clients in the roster.

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eSports

XB Systems AG Releases Q1 Trading Update and LOI with Galaxy Group

George Miller

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XB Systems AG Releases Q1 Trading Update and LOI with Galaxy Group
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XB Systems AG, a leading eSports gambling operator, today releases its Q1 trading update, and announces that it has signed a Letter of Intent (“LOI”) to merge with Galaxy Group Ltd.

XB Systems AG, operating under the brand BUFF.bet, announces strong Q1 revenue growth, with Q1 Gross Gaming Revenues (GGR) of €442k, up 197% year on year. On a pro-forma basis, GGR is up over 30% year on year, following the merger between the X-Bet.co and BUFF.bet brands in Q2 2020.

The company has migrated all players across to the BUFF.bet brand, and seen strong growth in GGR per active, showing the underlying strength of BUFF.bet’s eSports offering. In terms of the full year outlook, management has guided to double digit pro-forma revenue growth for FY21.

XB Systems AG also announces today that it has signed a Letter of Intent (“LOI”) to merge with Galaxy Group Ltd, operating under the brand name UltraPlay.

UltraPlay is an award winning eSports B2B software provider, which has returned consistently strong revenue and earnings growth over the past few years. The combination of the XB Systems AG B2C eSports gambling business with UltraPlay’s award winning B2B offering will create a market leading vertically integrated eSports offering.

The combined entity would have generated revenues of over €7m in 2020 on a pro-forma basis, with strong cash generation. While the merger will be done on an equity basis, with Galaxy Group shareholders taking equity in the combined entity, the management is currently considering finance options to facilitate the transaction and accelerate organic growth.

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eSports

PandaScore names new Head of Sales

George Miller

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PandaScore names new Head of Sales
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Oliver Niner tasked with onboarding clients and growing the sales team at esports data and odds provider

PandaScore, the esports data and odds provider, has strengthened its team with the appointment of Oliver Niner as Head of Sales who will play a significant role in driving growth through securing new client partnerships.

Niner has extensive industry experience having held roles at Betgenius, Marathonbet, Oulala Games, PIMS SCA and most recently at start-up platform provider Atlas IAC where he was Commercial Director. His knowledge and experience cover all verticals from sports to casino and beyond.

Niner will use this knowledge and experience to onboard new clients and partners and to establish a sustainable platform for growth and long-term success. He will also be responsible for building out a talented and experienced sales team as part of wider company expansion plans.

Flavien Guillocheau, CEO at PandaScore, said: “I would like to welcome Oliver to the team and look forward to working closely with him as we continue to position PandaScore as the number one esports data and odds provider for the global online gambling industry.

“Oliver has the talent and the experience required to ensure operators are aware of our market-leading products and services and to manage them from signing on the dotted line to integrating and launching our data feeds and odds. This makes him a great addition to the team.”

Oliver Niner, Head of Sales at PandaScore, said: “I am incredibly excited to have joined PandaScore at what is a pivotal moment in the company’s journey. They have already assembled a great team and I am honoured to now join their ranks and to lead sales activity and growth.

“The betting and iGaming community has come to realise the opportunity that embracing esports more fully can bring and Pandascore is a figurehead for that.  My team and I will be taking this message to the market and will enable our new and existing customers to maximise the potential that an esports product, delivered via Pandascore’s odds and data can bring, these are very exciting times!”

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