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Rick Fox Buys Team Gravity League of Legends eSports team

Tuesday December 22,2015 :  FORMER BASKETBALL STAR BUYS LEAGUE OF LEGENDS E-SPORTS TEAM
 
Team Gravity priced at a million dollars.
 
The competitive Team Gravity League of Legends eSports team has been bought for a million dollars by former National Basketball star Rick Fox.
 
Fox, who played for the LA Lakers and Boston Celtics in a sparkling 14 year professional career, has revealed that he plans to rebrand the team as Echo Fox and enter it in the North American League of Legends Championship Series, which features two leagues of 20-teams, one from North America and one from Europe. The top three teams from each league compete in the League of Legends World Championships.
 
The publication IGN reports that Fox may have some team-building ahead; Gravity Gaming did not qualify for the 2015 League of Legends World Championship, and since then, much of the team has moved on.
 
Though Fox has had no professional involvement in eSports in the past, SB Nation noted that the basketball player and actor has shown an interest in the community, calling pro-gamers athletes, and chatting about League of Legends with Utah Jazz player Gordon Haywood, who is active in the League of Legends scene.
 
In eSports, video-game players (or teams of players) compete against each other in front of live and online audiences.
 
Bloomberg business news reports that the overall global audience is estimated at more than 200 million, mostly outside the U.S., according to an October report from brokerage firm Robert W. Baird & Co.
 
Overall revenue is expected to grow from around $300 million this year to $1 billion by 2018.
 
League of Legends is the most popular eSports game measured by game-play, according to the report from Baird. More than 27 million people watched the 2014 League of Legends World Championship, compared to the 19.9 million who watched the NBA finals in 2015. In addition, 11,000 fans took seats at Madison Square Garden to watch the event live.
 
Speaking about the growth of eSports, Fox said in a statement: "I see the way that the eSports world is growing and I know we are on the verge of something massive."

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Gambling News :

2016 WPT Borgata Main Event Results - @MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.

G-Sports debuts with the game Road Redemption - #esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.

French licensed gambling operators lost $5M in 2015 - #france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.

NO PRIVATISATION FOR ONTARIO LOTTERY - The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.

Space Invaders wins Best Slot Product Award - The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.

Loss Recovery Act has again been defeated in a class action lawsuit - #gameofwar Illinois notorious Loss Recovery Act has again been defeated in a class action lawsuit...this one emanating from in-game activity on a mobile social gaming video game.

NEW MARKETING CAMPAIGN FROM LADBROKES - The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.

Gamesys acquires Snowcat Games - London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.

BetConstruct adds virtual sports products - The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.

Netent Mega Fortune Pays Euro 4.9 million - #NetEnt progressive slot Mega Fortune has delivered another instant millionaire, this one an anonymous Norwegian online punter wagering on the Betsson.com website.

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