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First Professional Esports Organisation in the Isle of Man Receives Government Sponsorship



First Professional Esports Organisation in the Isle of Man Receives Government Sponsorship
Reading Time: 3 minutes


The Isle of Man Government announces its sponsorship of the Island’s first professional esports organisation, underlining its long-term commitment to the industry.

Digital Isle of Man, part of the Government’s Department for Enterprise, has sponsored X7, a new team, with a roster in League of Legends at present and plans to enter further titles. The team was founded on the Isle of Man in December 2020.

The sponsorship follows growing interest in the Isle of Man esports scene at all levels, with Gilly Tho, an Island-based content creator, recently signing for LDN UTD and significant investment and education at the grassroots level.

X7 Esports plans to make an impact in the UK and global esports industry. Focussed on attracting and supporting exceptional talent from across the world, X7 will recognise, nurture and introduce some of the best competitive players to both the UK and European scene.

X7 made its debut during the League of Legends United Kingdom Esports League (UKEL) Summer Open Qualifiers, where they produced a flawless set of results with 10 wins and 0 losses, setting the standard for future Isle of Man Orgs.

Commenting on the sponsorship and sector more broadly, Chris Kissack, Digital Isle of Man’s Head of esports, said:

‘Esports is a fast-growing industry on the Isle of Man, and we are delighted to be able to support X7 on their journey. As the Island’s first professional esports Org competing in a recognised tournament within the industry. It is a very exciting opportunity and demonstrates that the Isle of Man is well-placed to support other such initiatives looking to grow and develop.

‘We continue to show and prove our authenticity and passion for growing esports on the Isle of Man and powering X7 to help them on their journey to compete at the highest level is another example of this. We hope they are the first of many Orgs with Isle of Man connections, whether that’s recruiting future Isle of Man stars or basing themselves here, and we will support them every step of the way.’

Josh Kingett, Founder of X7 Esports commented:

‘I am thankful to Digital Isle of Man for assisting X7 Esports in achieving our goals for the upcoming UKEL Summer 2021 split. All players and staff are excited to work with Digital Isle of Man during our debut professional performance and I feel this will be a strong and valued partnership for the organisation moving forward.

The Isle of Man has a lot to offer in terms of supportive structures and security, and they have already proven this with traditional sports and local companies. Getting involved with esports at such a pivotal time is a good move for the Isle of Man. It’s also great to see the Island continuing to support grassroot initiatives and those wanting to make a name for themselves in this space.

I trust that X7 Esports will be able to help put the Island on the map in this rapidly growing industry, and I look forward to seeing how the Isle of Man continues to support esports into the future.’

In addition to lead sponsorship from Digital Isle of Man, Amber Gaming have also partnered with X7 and are supporting them to scale their brand through the provision of consultancy and professional services, including corporate and accountancy services delivered through their group of companies.

Jade Zorab, Managing Director, Amber Gaming added: ‘The team at Amber Gaming have long been invested in the esports space. As this arena evolves, the growth of professional esports Org owners like X7 is going to be stratospheric so it is important that time is taken now to ensure that they have a robust structure and governance framework in place and are planning with protection, scalability and security in mind.

We are excited to work closely with Digital Isle of Man once again and extremely pleased to see they are supporting and promoting key organisations such as X7 at such a critical point in their journey. Esports has the makings to be a significant industry for the Island going forward and the time is now to get involved to help the sector and its participants reach its full potential.’

Compliance Updates

LEC Introduces Sporting Financial Regulations



Reading Time: 2 minutes


To support the long-term financial stability and competitive balance of the LEC, the league is going to introduce new financial regulations – known as Sporting Financial Regulations (SFR) – for the start of the 2024 LoL Esports Season.

The LEC SFR will encourage teams to maintain the total sum of its five highest-paid player salaries below a certain threshold, with teams exceeding the threshold having to pay an excess fee (SFR Fee).

In doing so, the LEC seeks to create a financially sustainable environment for its pro players, partnered teams, and the league itself, allowing all parties to grow at a healthy and scalable pace, and protect the ecosystem from unsustainable spending practices. In addition, the framework will support the league by creating a better competitive balance and more engaging competition, further enhancing the experience for players and fans.

“In the current economic climate, we are dedicated more than ever to creating a sustainable future for our players, teams, and the LoL Esports ecosystem in EMEA as a whole. The LEC SFR, which will come into effect from the beginning of the 2024 Season, is one way in which we’re continuing to work towards our goal of long-term financial sustainability. By doing this, we aim to encourage teams to operate more sustainable businesses to provide job security for players and ensure we serve our fans for decades to come,” said Maximilian Peter Schmidt, Director of League of Legends Esports EMEA.

SFR will encourage each team to maintain the total sum of salaries (known as SFR Spend) paid to the top five highest-paid players in a team within a certain range. The range includes both an upper spending threshold (SFR Threshold) and a lower spending threshold (SFR Floor), with the lower spending threshold amounting to 50% of the SFR Threshold. Meanwhile, the SFR Threshold is calculated based on a number of considerations, including LEC player salaries, League Revenue Pool of the current and forecasted years, team financial data – such as revenue and expenses – and other market indicators. Teams that exceed the SFR Threshold will be imposed with an SFR Fee.

An exception will be made to teams if a player enters into a contract with the team either during or before the end of the 2023 LEC Season Finals. In this instance, the SFR Spend will be reduced by one-fifth of the SFR Threshold or the actual salary amount; whichever is lower.

The policy will be introduced starting from the 2024 LEC Global Contract Start Date (21 November 2023), with the first cycle running until the 2024 LEC Global Contract End Date (18 November 2024).

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Abios Powers Nigerian Esports Betting Brand Oyawin with Data and Widgets



Abios Powers Nigerian Esports Betting Brand Oyawin with Data and Widgets
Reading Time: < 1 minutes


As part of Kambi Group, Abios powers Nigerian sports betting brand Oyawin with odds and statistics from the largest matches and tournaments in esports.

Oyawin, the newly launched mobile-first sportsbook, allows Nigerian esports fans to access a wide range of statistics, as well as streams and odds from top esports matches, directly on their phones.

Abios has supplied 1337Pro with data and statistics for the largest esports titles, including CS:GO, Dota 2 and League of Legends, for years. The organisation has expanded from being a media platform to include a sportsbook solution and Oyawin, a sports betting brand registered in Nigeria.

With the help of Abios’ product portfolio, Oyawin can provide a comprehensive esports solution to Nigerian bettors. It is focused on tier 1 esports titles, including CS:GO, League of Legends and VALORANT. With access to Abios’ full portfolio, Oyawin can engage their audiences with engaging content such as player props, data visualisations and embedded streams.

It also features Abios’ esoccer solution, allowing fans to engage with engaging around-the-clock content supported by widgets and streams.

Oskar Bonnevier Fröberg, CEO and Founder of Abios comments: “To support the growth of esports in Nigeria, we’re delighted to supply Oyawin with our esports odds, statistics and data visualisations. It allows Nigerian bettors to discover and get access to engaging content for the largest tournaments in esports.”

Jason Foster, Managing Director of 1337Pro Bet: “Abios data has powered for years, from fixtures, statistics and results to live stream links. We have now extended this success with full odds and trading integration for Oyawin. The platform’s successful launch has given us complete confidence in Abios and our products. We look forward to delighting our sportsbook operators.”

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Global Esports Federation Attends UN and Commonwealth Meetings



Reading Time: 2 minutes


The Global Esports Federation (GEF) has attended the 10th Commonwealth Youth Ministers’ Meeting (#10CYMM) in London and the United Nations 78th General Assembly (#UNGA78) in New York City. The GEF actively supports the United Nations Sustainable Development Goals (#GlobalGoals) and emphasises its commitment to youth empowerment and a more connected world.

At the UN Headquarters, the GEF engaged with global youth, world leaders, and organisations showcasing its dedication to the #GlobalGoals. It underlined the opportunity and role in empowering youth and making a societal impact.

As a partner of #SDGdigital, and alongside the ITU Secretary General, Doreen Bogdan-Martin, the GEF presented the GameChangers Award, recognising youth-led organisations with innovative solutions for societal challenges.

“Sharing the messages of our community from London to New York City this week has been truly inspiring. Meeting world leaders and members of our global community, we conveyed the message that gaming and esports can be a powerful force for positive change in society, particularly for our youth. While many of us are connected, there are still 2.6 billion people who are not connected and therefore are left behind. The GEF is committed to working with partners worldwide to unlock the full potential of esports for a brighter future for all in our global community,” Paul J. Foster, CEO of the Global Esports Federation, said.

The GEF Vice President, Adrian Lismore, joined the Commonwealth Secretary-General, Rt Hon Patricia Scotland KC, at the 10th Commonwealth Youth Ministers’ Meeting in London. The Ministerial Outcome Statement included the acknowledgment of the “economic value to the member states and welcome partnership with the Global Esports Federation and other stakeholders to further develop initiatives and projects.”

The summit brought together over 400 delegates, including Ministers, Government and Senior Officials as well as young leaders, to ratify the Marlborough House Commitment, inspiring hope among Commonwealth youth.

The Commonwealth Youth Ministers acknowledged the potential of esports in driving youth engagement, innovation and economic growth, welcoming partnerships with the GEF. They also recognised the role of start-ups, including esports, in employment generation, innovation and technological advancement, pledging support for their growth.

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