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Scout Gaming has been nominated for the EGR B2B Awards for the 4th consecutive time, in the category Fantasy Sports Supplier

George Miller

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NOTICE TOScout Gaming has been nominated for the EGR B2B Awards for the 4th consecutive time, in the category Fantasy Sports Supplier ATTEND THE ANNUAL GENERAL MEETING OF SCOUT GAMING GROUP AB
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Having won both 2018 and 2019, Scout Gaming has yet again been recognized as an industry leader by being shortlisted at the prestigious EGR B2B Awards. Scout Gaming has been nominated in the category for best Fantasy Sports supplier and the winner will be announced on the 21th of July during a digital ceremony.

EGR Awards is one of the industry’s most honorable award ceremonies. The judging process is made up of a team of independent external judges and the results are audited by Deloitte to ensure fairness and transparency.” I am pleased that Scout year after year is being recognized as one of the industry’s top performing businesses by being nominated again at the EGR B2B Awards. I want to thank our excellent product development teams that are working tirelessly to keep our product at the absolute forefront of innovation and quality” commented Andreas Ternström, CEO.

Fantasy Sports

Scout Gaming Group launches Spring Championship of online fantasy football for the second consecutive year

George Miller

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Scout Gaming Group launches Spring Championship of online fantasy football for the second consecutive year
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For the second consecutive year, Scout Gaming is launching the Spring Championship with a total prize of 500,000 euros, in the entire Scout Gaming Network (SGN). The tournament will be available on Fanteam.com and in SGN shortly.

Just as last year, the tournament is scheduled to take place in connection to game week 37 and game week 38 in the Premier League, during mid May.

The buy-in will be 1,100 euros, but there will be plenty of opportunities for users to qualify through satellites that start with buy in as low as 0.5 euros, were to first prize is set to 100,000 euros.

The Spring Championship is a dual game week event played daily fantasy-style, on 2 separate game weeks for the English Premier League: GW 37 & GW 38. Participants in the tournament will get to pick a brand new daily fantasy team each of the game weeks, with the normal Scout Gaming daily fantasy rules. Points for both game weeks will then be added together, and the final ranking will be decided based on that.

Scout Gaming Group is the world’s biggest B2B fantasy provider, offering a wide variety of game types, sports and leagues, with real money buy-ins in the world’s biggest fantasy network.

“We hope that it will be possible to finish playing this year’s edition of SCOFF. Last year’s edition was canceled due to COVID-19, which was sad because the interest was so great. We see this year’s edition as an excellent boost for the upcoming EURO 2021. The ambition is to continue to offer tournaments with larger guaranteed prize money”,comments Andreas Sundal, CPO and co-founder of Scout Gaming.

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Fantasy Sports

Gerard Piqué invests and becomes Sorare strategic advisor

George Miller

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Gerard Piqué invests and becomes Sorare strategic advisor
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Football superstar Gerard Piqué and ex Coca-Cola VP Emmanuel Seugé through his fund Cassius Family are investing EUR 3 million in Sorare as a seed extension. Sorare card sales volume grew by more than 1000% in 2020 with 80 clubs joining during the year including European Champions: Bayern Munich, Juventus, Paris Saint-Germain, Porto, and Zenit with more Champions coming before the end of the year.

Fans no longer want to just consume football entertainment, they wish to participate in new and exciting ways. Gerard Piqué has been at the forefront of reimagining these new paths with Kosmos and now with a strategic investment in Sorare. Gerard Piqué will join Sorare’s board as a Strategic Advisor, together with existing board members Christian Miele, co-founder Nicolas Julia, and co-founder Adrien Montfort.

Gerard Piqué, Chairman of Kosmos, comments: “I see a huge potential in the sports gaming segment in a digital economy where the attention of audiences is the single most important unit of currency. I’m looking forward to helping Sorare  expand their partnerships with football leagues, clubs, and players worldwide to build the best fantasy experience that exists.”

Sorare CEO Nicolas Julia added: “Gerard is not only one of the best defenders in the world but he is also an active entrepreneur and is re-defining the sports and entertainment industry. The strategic counsel and business acumen Gerard brings to our board is invaluable. I’m excited to have him join our team to unlock people’s football fandom online with Sorare.”

European Giants have joined Sorare in 2020

5 European 2020 Champions have all launched their digital cards on Sorare this year. Bayern Munich, Juventus, Paris Saint-Germain, Porto, and Zenit with more Champions coming before the end of the year. Since opening the beta in December 2019, 80 football clubs have joined Sorare from 11 countries to help create a unique and global fantasy football experience. Sorare is an opportunity for clubs and leagues to allow their fans to express their fandom with digital cards, amidst the current lack of live games as well as to expand their international brand by reaching several untapped audiences of fans. It is effectively opening up a new revenue stream for clubs, by creating a new licensing category: fantasy football licensing.

 

Fans want to further engage with football entertainment

While sports fans have been able to collect and trade player cards for decades, this was limited to the physical world. Sorare is on a mission to unlock people’s football fandom online. The company is creating an open world of games with digital cards, where people can express their affiliation with a club or player, build meaningful identities and relationships with it, and seize new economic opportunities around it. The Sorare cards are fully licensed, and provably scarce thanks to blockchain technology, creating a new level of trust for fans and clubs.

Fans collect digital cards of players for the same reasons they collect cards offline – status, differentiation, identity, and membership. This also offers the most direct way of investing in the upside of a sports player. Sorare’s current total addressable market is at the intersection of fantasy football and sports cards and memorabilia that is respectively estimated at $5.4B and $18.6B globally. After having acquired more than 50,000 users in 2020, Sorare is expecting to see these numbers more than triple next year.

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Fantasy Sports

5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour Series

George Miller

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5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour Series
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After the grand success of IPL 2020, the fantasy gaming industry is booming again with the ongoing India V/S Australia Tour Series. The series consists of 3 ODIs, 3 T20s, and 4 Tests. After eight long months, Team India is poised to make a comeback to the 22 yards as an entire unit. With MPL winning the Kit Sponsorship for Team India, the popularity of fantasy gaming is spreading immensely. In addition, fantasy cricket apps have a number of new offers lined up, new features in their gameplay and have completely overhauled their marketing budgets.

Fantasy cricket apps primarily accord cricket fans the opportunity to test their knowledge. The process involves the participants forming their own teams and earning points based on the overall performance of the selected team combination. The past two years have witnessed fantasy gaming platforms attracting high-end investors such as Sequoia India, Stead view Capital, Go-Ventures, and Tencent. High-profile cricketers like Yuvraj Singh, MS Dhoni, Virat Kohli, and Sourav Ganguly are the brand ambassadors of some of these companies. Fantasy cricket apps are designed with the motive to entertain and bring across the joy that one derives by playing online cricket.

The statistics released in a recent study, carried out by the Federation of Indian Fantasy Sports (FIFS) in collaboration with KPMG, show that presently, there are about 100 million fantasy sports users in India. The growth of the Indian Online Fantasy Sports industry has been phenomenal and continues to grow exponentially, having registered a 212% CAGR in the user base between 2016-19. As per the report, around 74% of the users play fantasy league games at least one to three times a week. Around 20% of the active users on these platforms are paid users while around 30-40% play fantasy games on more than one platform. The industry clocked in a gross revenue of over Rs. 2,400 crores for the FY20, increasing from Rs 920 crore in FY19.

Here are a few of the fantasy gaming platforms you must give a try:-

  1. Fantasy Akhada – A young & dynamic organization that has a vision of exponentially enhancing the level of sports engagement in India. Fantasy Akhada offers the lowest entry fee contests where users can win lakhs. In a short span of 9 months and after delighting over 1 lakh customers on the platform, Fantasy Akhada is now ready for the next phase of growth in India’s rapidly evolving Fantasy Sports Industry. Recently, Fantasy Akhada signed up with Mr. Harsha Bhogle and onboarded him as an investor and brand ambassador.

 

  1. Dream11 – One of the renowned and the only fantasy gaming unicorn in India as of now, Dream11 is also the title sponsor of the IPL this year – it made a total investment of Rs 222 crores. The gaming platform has around 80 million players forming its current user base and controls a lion’s share in the market touching 80%. Dream11 is known for running daily contests which enables players to make (or even lose) lots of money on them. It even accords users the opportunity to participate in polls and earn bonus money through referrals. MS Dhoni and Rohit Sharma are together the face of the company.

 

  1. MyTeam11 – One of the fastest growing fantasy gaming platforms, MyTeam11 has Virender Sehwag and Danny Morrison as its brand ambassador. With a user base of over 12 million players and still counting, MyTeam11 recently launched a brand-new campaign – India kiApni Fantasy App – which promotes playing fantasy cricket game on native applications, motivating people to opt for these over the foreign-bred apps. During the recent Caribbean Premier League, which reached its conclusion some time back, MyTeam11 was one of the popular platforms.

 

  1. SIXNWICKET– it is a gaming portal which offers you multiple prospects of playing cricket, your favourite game. You can win real cash by playing this game of cricket. You can exhibit your skills and compete with other players in this real-time multiplayer game zone. You can win real cash by defeating other players whom you are competing with. This is absolutely skills’ oriented game where you need to be tactful while using your skills. It’s time to get ready and participate in this first ever multi-player game.

 

  1. Paytm First Games (PFG) – Paytm First Games (PFG) took in the sporting legend and iconic Indian cricketer, Sachin Tendulkar, as its brand ambassador. However, a day after the announcement broke the news that this app is being removed from the Play Store by Google. This development brought in more publicity than expected for the app and raised awareness about it, the purpose for which Sachin Tendulkar was actually taken on board.  Paytm First Game is a new entry in the field of fantasy games and is anticipated to create major ripples as it has the backing of PayTM’s marketing model, which itself is among the fastest upscaling and top 10 brands in India. As per the media reports, the word goes that PFG will be investing around Rs 300 crore in fantasy sports and other online gaming events this financial year.
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