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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 :

Pinnacle Goes Live With Microgaming Quickfire - Founded in 1998, Pinnacle is a respected industry leader, delivering sports betting, casino and educational betting-related content to customers worldwide.

PokerLion Joins Microgaming Poker Network - PokerLion roars into life on the MPNís Indian Poker Network. Microgaming welcomes PokerLion to the MPNís growing Indian Poker Network.

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.

$2 Million Added to partypoker Guarantees - Almost $2 Million Added to Guarantees During First Ever Super Sunday

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.

New era of poker in Baltics with The Kings of Tallinn - The Main Event at the festival has already attracted big names like Juha Helppi and Kimmo Kurko. These two are Finlandís all-time poker tournament winners.

Fair Play Bets and QuickFire in Deal - Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.

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