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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."
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.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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