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No More Esports Teams For Mark Cuban
NO MORE E-SPORTS TEAM DEALS FOR NOW, SAYS BILLIONAIRE
Confused market and player burn-out worry Mark Cuban.
Sports billionaire and NBA franchise owner Mark Cuban, who was previously rather bullish on eSports potential, said this week that he would not be buying any further eSports teams due to concerns about the confused state of the market and the speed with which team players burn out.
In an exchange with the publication Fusion.net, and despite NBA franchise owners buying up eSports franchises, Cuban noted:
“I haven’t and won’t invest in teams. Right now, it’s a gold rush to buy and sell and build teams. That’s creating a confused market. But more importantly, I’m worried about how quickly players burn out.”
Cuban was referring to the gruelling practice hours required of team players in addition to their tournament commitments and the pressure to do well in competitions.
“It’s a grind to keep up and to become great,” Cuban said. "I know teams are trying to do more, but the number of hours involved is a real concern for me. I’m not closing the door, but it’s not something I would pursue right now.”
Fusion.net points out that Cuban has already made substantial investments in eSports; in 2015, the billionaire joined a group of investors in a $7 million Series A funding of Unikrn, a website and platform that acts as a legal sportsbook for eSports events and matches.
NBA franchise owners have been active in seeking out eSports teams to buy; in the last few months, The Philadelphia 76ers bought up Dignitas. They were shortly followed by Pete Gruber and Ted Leonsis of Golden State Warriors and Washington Wizards when they bought stakes in Team Liquid.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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