Connect with us
SIS

eSports

Pnxbet Adapts to the Changing Market With the Launch of New Live eSports Category

George Miller

Published

on

Pnxbet Adapts to the Changing Market With the Launch of New Live eSports Category
Reading Time: 3 minutes

 

The gambling and sports betting industries have experienced a jarring and unprecedented change in their respective markets this year due to a global disruption to almost every sport, as a result of the ongoing pandemic. As many sites scramble to come up with a stop-gap, leading sports betting platform Pnxbet has launched Live eSports, a whole new category that allows users to watch, and bet on eSports in real-time.

 

Sports Betting On Hold

The pandemic is affecting many different industries and aspects of everyday life. Betting on sports is no longer an option, as most of the major competitions around the world have been canceled or postponed. Some of the biggest global sporting competitions such as the NBA, NFL, Champions League, Premier League and Boxing have all been brought to a complete standstill.

In the United Kingdom, this shift is taking its toll. Betting on football and horse racing accounts for 75% of the UK’s sports betting market. With neither option being available to service providers and operators, the revenue generated by this industry has all but disappeared. Brick and mortar betting shops have all been closed, and with no indication that sports leagues are any closer to returning, bookmakers are at the mercy of the pandemic. This decrease in revenue has also affected online gambling sites, as well as online sports betting platforms.

 

The Rise of eSports Betting

Providing exposure to competitive sports is the main priority for offline and online bookmakers. With sports competitions shutting down, eSports is the next logical option to explore. Competition in that particular segment is still small, thus there is still a potential first-mover advantage for bookmakers.

Strengthening ties between players, franchises, and fans has transcended the concept of witnessing live games in a stadium. Interaction between all parties has become a core aspect of sports in the modern era.

One core example is the NBA 2K20 Players Tournament, which is currently ongoing.

Watching other people play a video game in a competitive manner – in this case, a tournament – creates exciting new betting opportunities.

With eSport betting, at least in the United States, there are some legal hurdles to overcome. Regulatory measures are still in the early stages, but there is a demand to speed up this process nationwide. Especially during the current crisis, eSports may see a notable uptick in terms of popularity and viewership.

 

Pnxbet Brings eSports to Online Gambling

Several new competitors are merging to take advantage of the “void” being left by traditional sports betting platforms during the current crisis. Pnxbet is one of those contenders, as the company specializes in different types of gambling and betting.

Alongside its more traditional offerings – including casino, poker, and live casino games, Pnxbet also focuses on virtual sports and eSports. Pnxbet now wants to increase its foothold in the eSports betting market by providing access to more competition.

Watching eSports as they happen live and being able to bet on the action creates an entirely new dynamic. This industry is expected to become the fastest-growing segment in all of online betting over the coming years.

As a part of the ambitious eSports push, Pnxbet has also partnered with three fellow gaming streamers in South East Asia, and the Philippines. Coach Byb, Guso Gaming, and Xan PH have all joined as Pnxbet partners as the company expands into emerging markets.

 

eSports Top Titles

A special focus lies on Dota2 and CS:GO, both of which have massive fan bases and host multiple major tournaments every single year. Other options to explore on Pnxbet are the Tennis R.G. Cup, the virtual counterpart of the Europa League for soccer fans, the NBA Regular Cyber Cup, and many more. All eSports betting options are updated constantly and yield some very high betting odds.

Pnxbet prides itself on offering honest live odds and convenient deposits and withdrawal options. Supported payment options include bank transfer, credit and debit cards, Skrill, Neteller, Voucher Wallet Code, Bitcoin, Litecoin, Monero, and Ethereum.

With the majority of betting sites yet to adequately replace the huge void left following the loss of a plethora of competitive sports, surely sites with viable alternatives like Pnxbet will be the real winners when the dust settles. Check out the new live Pnxbet eSports betting revolution now!

 

SOURCE Pnxbet

Asia

AESF Partners with Coventry University UK

Niji Narayan

Published

on

AESF Partners with Coventry University UK
Reading Time: 2 minutes

 

The Asian Electronic Sports Federation (AESF) has signed an official memorandum which sees them officially collaborating and working together with Coventry University.

Following a meeting with representatives from Coventry University, both parties have agreed to sign a Memorandum of Understanding (MOU). This MOU focuses on four vital aspects, which include a series of planned Webinars, as well as industry research collaboration on topics of interests and Esports governance.

“I would like to celebrate this close relationship we are forming with Coventry University, one of the UK’s most esteemed educational institutions. Not only does it benefit the AESF and our member associations, but it also opens the doors to many more potential partnerships from academia going forward,” Kenneth Fok, president of AESF, said.

“This will not only be beneficial to our athletes but also various stakeholders in this industry. We look forward to supporting our Esports community as well as future talents for their growth and further development in collaboration with Coventry University,” He added.

The AESF and Coventry University will also be looking to create more student experiences, including potential internship programmes and the production of case studies on Esports. The meeting between both parties discussed more opportunities for course development, which includes introductory sessions on Esports and support in the development of course topics for the curriculum.

“Coventry University’s expertise in sports management and business studies will help further support our Member Associations, players, and officials in developing content around the education of Esports. This collaboration not only signifies AESF’s continuous effort in supporting this industry, but it also reflects Coventry University’s dedication and commitment to adapting and keeping up with the times,” Sebastian Lau, Director General of AESF, said.

“We are delighted to have reached this key milestone in developing this crucial partnership for the university. We understand the importance of esports globally and in Asia particularly and are delighted at the opportunity to work with the AESF to support the athletes, players, officials and associations who make up this vibrant community as it continues its rapid growth and innovation,” David Pilsbury, Deputy Vice-Chancellor of Coventry University, said.

“We are proud to lay down the foundation of a long-lasting partnership with the AESF, that offers tremendous opportunities in terms of students’ experience. This agreement will also foster the development of impactful, multi-disciplinary research on this fast-changing and growing sector,” Simon Gérard, Course Director, MSc Sport Management, said.

Continue Reading

Australia

The Chiefs Esports Club Partners with L’oréal Paris Men Expert

Niji Narayan

Published

on

The Chiefs Esports Club Partners with L’oréal Paris Men Expert
Reading Time: < 1 minute

 

Australian esports organisation The Chiefs Esports Club has announced a partnership with the leading men’s skincare and grooming brand L’Oréal Paris Men Expert. The deal makes the brand a major partner of the club for the rest of 2020.

L’Oréal Men Expert is a global brand with a portfolio of leading men’s grooming products covering everything from skincare, shaving, beard grooming, hygiene and hairstyling. They will be keeping The Chiefs feeling confident, energised and looking great at all times.

“We’ve all had late night gaming sessions and sacrificed how we feel the next morning to get one more game in. L’Oréal Paris Men Expert is a perfect fit for gaming and esports culture to keep us going and feeling fresh. We’re excited to introduce such a prestigious brand to the industry and can’t wait to see the benefit for all our fans,” Nick Bobir, CEO of The Chiefs, said.

“We are extremely excited to be partnering with The Chiefs in 2020 and introducing many of their fans to L’Oréal Paris Men Expert, a portfolio of skincare products designed to deliver an instant energy boost and set men up for success. Joining forces with The Chiefs is a testimony of building brands together & providing value for our fans and consumers,” Raagjeet Garg, Marketing Director of L’Oréal Paris Australia, said.

Continue Reading

eSports

WePlay! VALORANT Invitational Announcement

George Miller

Published

on

WePlay! VALORANT Invitational Announcement
Reading Time: < 1 minute

 

Eight teams will fight for competitive dominance and a hefty prize pool.

We at WePlay! Esports are proud to announce our first VALORANT tournament. In this event, six invited teams will be joined by two Open Qualifier winners to fight for a prize pool of $50,000. This event is another entry in the VALORANT IGNITION SERIES.

Invited teams

  • PartyParrots
  • fish123
  • Prodigy
  • Ninjas in Pyjamas
  • G2 Esports
  • forZe

Event format & dates

The tournament kicks off with Open Qualifiers on July 13 and 14. The qualifiers are two separate single-elimination brackets. The final series in each qualifier is BO3, the rest are BO1. Teams are allowed to participate in both qualifiers.

Sign up for Open Qualifier #1
Sign up for Open Qualifier #2

The eight invited and qualified teams will participate in a Swiss Bracket group stage that takes place on July 15–17. Four teams will proceed to the next stage.

The winners of the group stage will be seeded in a single-elimination bracket. The Semifinals will be played on July 18; the final series will be played on July 19.

All main event matches, including the Finals, are BO3.

“We have been following VALORANT since its announcement, and now welcome the opportunity to apply ourselves in the new title. As usual, we will try to make the event dramatic, unusual, and unforgettable. We’re hoping that VALORANT will enjoy WePlay! Esports’ style and our regular viewers will have fun with the new game.” – Eugene “Hitras” Shepelev, Lead Esports Manager at WePlay! Esports.

“The IGNITION SERIES is definitely setting up a standard of play for VALORANT, the likes of which we’ve never seen before, and will undoubtedly begin to influence competitive audiences in their decisions around play.” – Joe Ziegler, Game Director at Riot Games.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.