Esports Entertainment Group, Inc. (GMBL: OTCQB) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of an Affiliate Marketing Agreement with GOLeague Int. Gaming, a multilingual esports league and community for the games Counter-Strike: Go (CSGO), PubG and League of Legends. As one of the largest CSGO leagues in Germany, this agreement is another milestone for VIE.gg, the world’s first and most transparent esports betting exchange.
Founded in 2017, with the specific goal of supporting and developing esports throughout Europe, GOLeague is the first public league for every skill group in CSGO and League of Legends, attracting 11,000 visitors per day. The total prize money for their upcoming season has been set at €10,000. As a result of this Agreement, the Company expects to add approximately 350 CSGO matches per month to VIE.gg for GOLeague users to wager.
GOLeague is working with VIE.gg on an exclusive basis for the following reasons:
1. The VIE.gg P2P model is much more attractive because an esports fan always wins, as opposed to a “house” model where odds are heavily stacked against fans.
2. VIE.gg is the first and most transparent esports bet exchange as a result of Esports Entertainment Group being a fully reporting SEC issuer in the United States.
3. Player safety features built into VIE.gg create a fun but responsible esports betting experience for fans. For example, players must choose their maximum bet amounts when they initially sign up with VIE.gg. Any subsequent increase to those levels requires a 30 day cooling off period to make sure players do not get carried away.
4. The recent addition of pool betting is a further extension of the P2P model, which allows groups of opposing fans to wager against each other when their teams go head to head.
5. Given the fact some esports fans bet on esports, GOLeague users will be provided with a safe platform that also supports the organization.
GOLeague stated, “In contrast to other German leagues, we are the only one who uses their own anti-cheat system and uses it successfully. We therefore also want to give our users the opportunity to bet on GOLeague matches, as well as, Major League matches with the upcoming season. This will be realized via the start page, an extra page with a sorted listing and under each single match link. For the implementation, we need a strong partner with the necessary licenses and age controls to successfully integrate this product. We are happy to say we found the right partner in VIE. It is important for our users to know that affiliate revenue from GOLeague matches will be passed on to the teams. We therefore hope for a good and long-term partnership.”
Grant Johnson, CEO of Esports at Esports Entertainment Group, stated, “This agreement with GOLeague is a big step forward for VIE, as it will add hundreds of additional matches per month to our pools. GOLeague is a true supporter of esports in Europe and we are excited about building a long-term future together.”
VIE.gg offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions that prohibit online gambling. VIE.gg features wagering on the following esports games:
- Counter-Strike: Global Offensive (CSGO)
- League of Legends
- Dota 2
- Call of Duty
- StarCraft II
VIE.gg has announced affiliate marketing partnerships with 190 esports teams and 3 leagues from around the world and expects that number to increase in 2019.
About Esports Entertainment Group:
Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands. The Company maintains offices in Malta, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
Where to play online casino games in Indiana
If you are an Indiana resident looking for the best sites to play online casino games, you’ve come to the right place. The best sites to play online casino games in the state offer players more than just slots. They also feature video poker and live dealer games. If you’re in the mood for a little casino action, here are some of the best online casinos in Indiana that you can check out.
Bovada Casino offers a variety of payment methods and a wide selection of casino games. Regardless of the method you choose to deposit and withdraw your funds, Bovada will process your transaction as quickly as possible. Its Help Center provides information about common issues and offers ways to get in touch with a live chat agent. Live chat is also available 24 hours a day, but you may experience a longer wait time during busy times.
Some of the best Indiana online casinos offer VIP programs. Players can accrue VIP points for playing certain games and can redeem them for prizes such as cashbacks, hotel stays, and bonuses. Players should also consider safety when choosing a gambling site. A regulated site will be much safer for players.
Bovada Casino has a sterling reputation. It uses reliable casino software providers, like RealTime Gaming and Rival Gaming, and is known for having an active community of players. In addition, it boasts an exceptional VIP program and excellent customer service.
If you want to play real money casino games online, you should choose an operator that is regulated by the state of Indiana. This state is unlike many others in the US in that it does not allow gambling sites operated overseas. You should check with your local police department if you are planning to play in an offshore casino because you could be facing criminal prosecution.
XBet sportsbook is a great choice for Indiana residents. It offers an array of promotions, live table games, and live chat support. You can also find many popular sports and leagues from the US. In fact, the sportsbook is ranked among the top sportsbooks in the country. It has updated and early odds for all major leagues and offers both pre-game and in-play markets.
When choosing a site to play online casino games in Indiana, you should choose a site that offers customer support. It should also offer a contact page for problem gambling organizations. In addition, the site should offer responsible gambling tools like betting limits, timeouts, and reality checks.
Many online casinos in Indiana offer match deposit bonuses, allowing you to double or even triple your deposit. These bonuses give you more money to spend on your favorite games. Some of these casinos offer match deposit bonuses for new and returning players, too. It doesn’t hurt to try them out before making a deposit.
Some of these online casinos are licensed in Indiana, but they don’t have a physical location. You can still get the authentic casino experience, such as playing live-streamed table games. These games allow you to chat with the croupier while you play. This is a popular option for online casinos in Indiana.
If you’re looking for a site to play online casino games in Indiana, you should consider Wild Casino. Their website has over 250 games available to players from all over the world. You can find popular slots like Wheel of Fortune or other games with five-reels and a bonus wheel. In addition to offering more than 250 games, the site also offers bonus codes that can get you up to $1,000.
Super Slots Casino is a gaming website with a large selection of video slots. Their collection includes games by popular software providers such as Betsoft and Nucleus Gaming. These providers offer games with 3D graphics and character animations that look and feel real. Many of these providers release new games every month, so the Super Slots selection is expected to continue to grow. In addition, the casino has recently added Dragon Gaming as a software provider.
The casino accepts players from most countries, with the exception of New Jersey. In addition to slots, they also offer baccarat, roulette, and blackjack. All three of these games can be played by a live dealer. Moreover, Super Slots accepts deposits and withdrawals in a range of currencies. The casino offers a variety of deposit methods, including cryptocurrencies. In addition to standard bank and credit cards, players can also deposit using bitcoin or Ethereum.
Super Slots offers its players a generous welcome bonus that allows them to get started playing immediately. This deposit bonus is valid for new players only and can be used in both live dealer games and slots. The bonus is subject to a 20k max win cap and must be redeemed within 30 days.
The best online casino in Indiana depends on your preferences. If you’re looking for a large selection of games, you should consider Wild Casino. They offer more than 250 games from popular providers. If you’re looking to play with a live dealer, Super Slots offers blackjack, roulette, and baccarat. You can also find generous bonuses at both casinos. When choosing an online casino in Indiana, make sure to check the licensing and customer support options. You should also check for responsible gambling features like betting limits and timeouts.
Ten percent of World Cup bets will be with crypto
One in every 10 dollars bet on the 2022 World Cup will be a cryptocurrency wager, according to new research from CryptoGamblingNews.com and OddsGecko.com.
The leading crypto-focused affiliates conducted an extensive survey of World Cup betting based upon interviews with operators as well as on-chain analysis.
With global wagering on the event likely to exceed 2018’s estimate of $130 billion, total crypto wagers on games in Qatar will total around $18 billion.
Bitcoin will remain the preferred choice among cryptocurrency punters, with around 60 percent of total volume, followed by stablecoin Tether (USDT), which should account for about 30 percent. Other coins likely to see strong betting action during the tournament include Binance Coin (BNB), Tron (TRX) and Cardano (ADA).
A spokesperson said: “Cryptocurrency betting has come a long way over the past four years, and we expect it to account for a significant share of total industry handle throughout the coming month of football. With regulators increasingly looking at ways to incorporate cryptocurrency betting into both existing and new licensing frameworks, this is a trend that’s only going to continue.”
CryptoGamblingNews.com is the leading news portal for the crypto gambling space, featuring daily news and in-depth analysis of the fast-growing sector.
OddsGecko.com is a crypto-focused odds comparison website, allowing bettors to quickly identify the best value option for their wagers.
Twitch bans crypto-casinos, but all other forms are still allowed
Crypto-casino streaming has been banned by Twitch, but the platform still enables vast amounts of fiat currency gambling. The industry however should take care with promoting such high levels of gambling to young audiences, says Pavlos Sideris, director of Double Up Media.
The decision by the streaming giant Twitch to ban gambling websites whose content includes “slots, roulette, or dice games that aren’t licensed either in the US or other jurisdictions that provide sufficient consumer protection” has been described as a clampdown on gambling-related streaming.
It is true that the Amazon-owned group has, at a purely technical level, placed a ban on unlicensed gambling sites that stream players playing their online gambling products, but in reality it only refers to crypto-backed casinos, which make up so much of the casino content that is streamed.
Twitch however hasn’t banned ‘traditional’ online casino, sports betting or poker operators and affiliates that are regulated in the US (or other major markets).
This is no coincidence. It may be stating the obvious, but the reason Twitch decided to ban cryptocurrency-backed casino play from being streamed is because it is not regulated in the US and as a US company it doesn’t want to attract any more controversy than it already has when it comes to this issue.
The fact that crypto-casino is also not regulated in the UK and other European markets also played a part, but the audience levels generated by casino streamers in the US are that much more significant, while many of the biggest (regulated) casino channels have marketing agreements with major US brands and are highly active on the platform.
The lack of crypto regulation did not stop the large crypto brands such as Stake.com, Duelbits or Roobet from streaming online casino play and subsidising streamers with major sponsorship contracts to ensure they continue to broadcast to their thousands of followers.
This has given them significant exposure and, one imagines, enabled them to recruit huge amounts of players. These customers will have watched the rap superstar Drake win $12m on a single roulette spin on Stake.com, having lost more than $800k betting on sports a few hours before, and will have been enticed to open accounts with those operators.
In 2021 and as a nod to wanting to protect its audiences from too much gambling exposure, Twitch outlawed referral codes and affiliate links. The measure however will not have prevented thousands of consumers from easily finding the sites online; while the decision by some of the sites to not accept players from the US is easily circumvented by VPNs.
In fact, looking at its decision to ban crypto-casino streaming, one may wonder what has taken Twitch so long to adopt the measure. After all, crypto-backed casinos and sportsbooks have always been unregulated in the US, UK and other major markets.
Of course, the reason Twitch did not ban them earlier is commercial. The streams by celebrities like Drake and sponsored players such as Mizkif, Trainwrecks or Niknam attracted huge audiences and that would have been the only metric Twitch paid attention to.
Conversely, the most likely factor to influence Twitch into banning crypto casino sites will have been reputational. Cheating scandals or streamers fleecing players out of significant amounts of money to fund their gambling activities have created huge controversies and shone a most unflattering light on Twitch’s ready acceptance of crypto casino play.
The site is owned by the e-commerce giant Amazon, which likely decided that the safest way to avoid further scandals is to ban crypto casinos outright.
The other obvious point to make is that Twitch on the whole appeals to much younger demographics than those that might play on ‘regular’ slot sites. The company’s advertising and media information says “nearly 75% of Twitch viewers are between the ages of 16 and 34”.
The idea that thousands of young Twitch watchers might have been led into opening accounts on sites that were (and still are) unregulated and where they may have spent huge amounts of money while potentially developing gambling problems would be enough to give any public affairs or compliance executive significant worries.
No gambling ban
In an echo of the point made at the start of this article, campaigners and industry observers have been quick to point out that the new measure by Twitch “isn’t an outright ban on gambling” but just “a blow to crypto casinos”.
Indeed, what some campaigners want is a complete ban on the streaming of online slots and other casino games on Twitch, because, they say, “it is objectively harmful to the website and its users” and Twitch’s ban on unregulated operators still means that “luck-based gambling will still be alive and well on the website on October 18th” when the ban on crypto casinos comes in.
A ban is unlikely to happen in the near or medium term at least and a quick scan of the ‘Slots’ homepage on Twitch shows that the crypto casino channels have now been replaced by more ‘traditional’ ones.
In addition, with competing streaming platforms such as DLive more than willing to accept crypto (or other) casino streamers, it seems unlikely that Twitch will broaden its ban to ‘traditional’ casino channels.
Twitch’s rise as a showcase for online slots and other casino games has been steady and long trailed over the past few years.
What the platform also shows is that live casino continues to evolve. From its original and current incarnation as a product aimed mainly at VIPs and ‘whales’ on regular casino websites, to one that, thanks to Twitch, is becoming more focused on online slots and has been made available to a much broader and younger section of the population.
Without wanting to be too alarmist, the fact that younger demographics are exposed to gambling products much earlier than might have been the case in the past should be a cause for concern for all of us as stakeholders.
There have already been a number of addiction or problem gambling stories of young players who became familiar with gambling through Twitch. Criticising the industry for not intervening earlier will be of no use if all gambling streaming eventually gets banned on Twitch.
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