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AlphaDraft betting on professional video gaming

Wednesday May 20,2015 :  THE RISE OF E-SPORTS

AlphaDraft betting on professional video gaming

Fantasy eSports provider AlphaDraft recently emerged from a seed financing round with $ 4.2 million in funds raised from investors Melo7Tech, Metaphorphic and none other than former NBA commissioner David Stern among others.

AlphaDraft offers fantasy e-Sports line-up’s on professional video gaming team sports rather than the usual actual real person live-sports covered by companies such as DraftDay, DraftKings and FanDuel.

The company recently expanded its offer with support for ten pro leagues competing in Counter-Strike: Global Offensive, Dota 2, SMITE and another game yet to be announced.

SuperData Research says 134 million people worldwide currently watch e-sports, giving rise to lucrative opportunities and the rise of two other start-ups Unikrn and Vulcun who move in the same market as AlphaDraft.

According to Vulcun founder Ali Moiz, fantasy eSports is likely to become a $250 million a year industry by 2020. 

“This is a very big space with much potential,” Todd Peterson, chief executive officer of AlphaDraft said. “If the video game industry currently rivals the size of traditional sports as a whole, and eSports is the size of any of the major individual sports, there’s a lot of room for friendly competition and further specialization, as the industry matures.”



Gambling News :

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

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

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