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Alibaba to sponsor World Electronic Sports Games

Saturday April 9,2016 : ASIAN INTERNET GIANT TO SPONSOR MULTI-MILLION DOLLAR E-SPORTS TOURNAMENT
 
Alibaba involvement offers massive audience exposure for booming vertical in a $5.5 million prize money tourney.
 
The Asian e-commerce giant Alibaba has announced that it is to sponsor the World Electronic Sports Games (WESG) -  a new Shanghai-based multi-game eSports tournament - through subsidiary AliSports.
 
YuuZoo Corporation Limited, a third generation social e-commerce company, will organise and run the AliSports World Electronic Sport Games through its Chinese JV YuuGames, and manage the eSports Clubs Competition Center for Alibaba throughout China, the announcement reveals.
 
WESG will commence in April 2016 operating through 20 appointed e-Sports clubs competition centres. Contest participants will compete for the RMB 35.6 million (US$5.5 million) prize money.
 
AliSports is a newly-formed sports division of Alibaba, targeting China’s highly lucrative sports industry, which is expected to grow to US$813.87 billion by 2025.
 
AliSports will be engaged in different sectors of the sports industry, including eSports, and the group plans to invest RMB 100 million (US$ 15.4 million) for WESG alone.
 
AliSports will pay YuuGames a multi-million US dollar fee to organise and run WESG and manage AliSports’ E-Sports Clubs Competition Center.
 
Through the deal, YuuZoo will gain a significant number of new users, who will be added to its database. YuuZoo will also benefit from the generation of additional revenue from promotional fees, advertising revenue, and e-commerce sales.
 
AliSports and YuuGames are planning to launch 1,200 eSports events this year in 15 cities across China, which the two companies claim is home to over 100 million eSports fans, and over 440 million gamers.
 
Thomas Zilliacus, chairman of both YuuZoo and YuuGames says his companies have organised some of China’s largest eSport events in partnership with key Chinese government entities.
 
"We are confident that we can make Alibaba’s World Electronic Sport Games a hugely successful and leading event in China’s massive gaming market. As a new partner to China’s largest e-commerce group, we are not only looking to reinforce our position as a leader in China’s eSports sector, but also to discuss opportunities with Alibaba Group to jointly grow YuuZoo’s other China-based businesses, including our gaming business, payment business and social e-commerce business,” he said in a statement.
 
Zhang Dazhong, CEO of AliSports said, “Sports is a multibillion dollar business in China, with massive growth potential. That is why Alibaba is investing heavily in this vertical. Linking sport and technology enhances the quality of life. That is what we want to do through AliSports."



Gambling News :

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

Historic weekend at Americas CardRoom - ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.

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