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Pinnacle Sports says virtual e-gambling is the company's fastest growing business

Thursday January 1,2015 : VIRTUAL SPORTS GAINING INCREASED TRACTION
 
Pinnacle Sports says virtual e-gambling is the company's fastest growing business.
 
The ability to watch, play and bet online on virtual sports - including battle arena-oriented popular virtual offerings like League of Legends and Dota 2 - has resulted in fast growth for online sports betting companies that have embraced the vertical, reports NBC.
 
Improvements in sound effect, graphics and animation technology have made possible absorbing online competitions set in huge, meticulously rendered backdrops like stadiums holding thousands of virtual spectators, increasing player engagement...and gambling.
 
Phil Hudson of Pinnacle Sports told NBC: “E-sports is definitely our fastest area of growth. It’s quite big in Asia and Eastern Europe, but e-sports is really a phenomenon across the world.”
 
Whilst at present not nearly as popular as soccer or American football, e-sports have attracted more than 350,000 bets on Pinnacle’s website this year, making it the company’s eighth most popular sport.
 
Since 2011, when Pinnacle began accepting bets on e-sports, the volume of trades placed on video game matches has doubled every year, Hudson revealed. Consequently, the company has hired a team of eight e-sports traders responsible for setting lines and wagers.
 
Datbet and E-Sport Bets also take bets from all over the world — although most avoid the USA with its tough laws against sports betting in all but four states.
 
NBC reports that the stakes are relatively small in e-sports - the five-player team that won the 2014 “League of Legends” championship took home $1 million in prize money; considerably less than soccer superstar Ronaldo gets paid in a single game.
 
But even virtual sports attract corruption, the broadcaster notes. In March, “League of Legends” player Cheon “Promise” Min-Ki reportedly attempted suicide after being implicated in a match-fixing scandal, and in 2010, the BBC confirmed that complaints of match-fixing in “StarCraft II” had been reported to Seoul police.
 
Online gambling law expert I. Nelson Rose of the Whittier Law School, told NBC that corruption such as match fixing could slow the development of e-sports if it was not contained.
 
The vertical has spawned the Electronic Sports League (ESL) which runs competitions across the globe in “League of Legends,” “StarCraft II,” and “Counter-Strike”.
 
Spokesperson Anna Rozwandowicz commented: “We do not allow betting on games of a league the betting player is taking part in, and betting against yourself or your own team leads inevitably to disqualification.”
 
She said that the ESL is “...striving to make this a rule in all leagues not only run by us, but to make it an industry standard.”
 
Nelson Rose said that monitoring and enforcement has largely been left to the leagues themselves, acting in the best interests of companies and players.
 
“It’s almost 100 percent on the leagues,” he said. “It’s almost impossible for states, and even hard for the federal government, to enforce gambling laws outside of the United States.”
 
The NBC reports that so popular has e-sports become that talented gamers are now privy to college scholarships, die-hard fans, and even U.S. visas that only athletes like basketball and hockey players had access to before.



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NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

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NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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