PandaScore’s Post

Another stride for the Esports industry as Hisense Group Holdings, one of China's largest home appliance brands, sponsors its first Esports competition – the King Pro League, China's leading Honor of Kings competition. This development, as reported by the Esports Advocate, signifies a turning point as traditional companies begin venturing into the Esports market. Hisense, known for its avid sponsorship of global football events, brings added credibility and visibility to the Esports scene. Their decision to sponsor an Esports competition further attests to the growing global attractiveness of Esports. It's worth noting that this announcement follows TiMi Studios' commitment early this year to grow the game's international Esports ecosystem with a $15M USD investment. The engagement of brands like Hisense in Esports sponsorships is a strong indicator of the potential the industry holds. Not only does the sector present an exciting new frontier for established business enterprises, but it also offers newcomers a wealth of opportunities in the ever-evolving gaming landscape. Winzard, as a seasoned expert in the Gaming and Esports markets, anticipates further industry growth as traditional corporations recognise the value and potential in this rapidly advancing market. #Hisense #Esports #GamingIndustry #Sponsorship #Winzard

💥 A LANDMARK ESPORTS PARTNERSHIP WITH GENIUS SPORTS 💥 We are so excited to be teaming up with Genius Sports, a global leader in sports data commercialization with an impressive distribution network of over 400 clients worldwide. Our partnership with one of the largest sports technology companies unites our expertise and experience to create a powerhouse esports offering. 🚀 Bayes Esports will be added to Genius Sports’ illustrious portfolio of data partnerships, alongside the NFL and Premier League. Their commitment to data integrity and building high quality products is reflected in its 23% YoY growth. Genius Sports is already on track to achieve half a billion in revenue this year! 💸 With the partnership, Genius Sports’ esports portfolio will be supercharged with Bayes Live Match Data and industry-leading esports data product suite. In return, select Genius Sports’ products will also be available through Bayes Esports’ distribution.⚡   Together, we're setting a new standard for esports solutions. Read more about the partnership shaking up the industry and reach out to us to collaborate: https://lnkd.in/eSaCHUxm #BayesEsports #Esports #EsportsData #EsportsOdds #EsportsBetting #BettingOdds 🎮🔥

We recently acquired our first licence in the lucrative American market, in the esports-friendly state of Colorado. 🇺🇸 The state's clear and innovative framework supports esports with a broad catalogue of titles and tournaments approved for betting. This strategic move allows us to support our clients with confidence, enabling them to expand their esports offerings in an opportunity-rich market. 📈 The regulatory framework across the country is shifting at different paces, but almost all states are going in one direction: expansion. We plan to be at the forefront of making sure that esports betting works for the whole ecosystem: operators, suppliers, regulators and the betting public. 🌐 As an esports supplier, we have a duty to show operators the way and give them the tools, knowledge and expertise to make the right decisions. By guiding our operators through the complexities of US esports betting regulations and leading from the front, we enable our clients to make informed decisions that balance the opportunity with stability. ⚖️ We’ve proven we’re serious about the US market and we’re a safe pair of hands that actively supports and serves operators, bettors and regulators alike. 🐼 Learn more about our strategic approach and commitment to the US esports industry: https://lnkd.in/ewaeEWb6 #Esports #Colorado #MarketExpansion #PandaScore

Viktor Block, our Senior Sales Manager recently sat down with Casino International to discuss esports in Asia and the opportunity for gambling companies. 🌏 Viktor explains “there is a love for fast action, quick sports and instant results, so esports aligns perfectly with the gaming culture.” 💬 We estimate that around 57% of esports viewership comes from the Asia-Pacific region. With an estimated fan-base of around 400 million people, Viktor highlights how operators can capitalise on the growing popularity of esports. 🎯 Esports is different from other sports because the relationships with the audience are extremely important. Viktor shares his insight on why it’s important for gambling companies to liaise with local esports teams and organisations to help build engagement in particular markets. 📈 Read the article in full to learn more about the revenue potential from esports in the Asia-Pacific region and how you can take advantage of our data-driven products and tailored solutions to drive growth in new markets. 🐼 https://lnkd.in/e5ugK3RG #AsiaPAC #Esports #EsportsBetting #GamingCulture #DataDrivenProducts #PandaScore

Our Head of Sales, Oliver N. has been talking to G3 Media about how esports could be an untapped goldmine for operators and focuses on the biggest esports tournaments taking place throughout the remainder of 2024. 🏆 Esports is now a top vertical for operators, and the remainder of this year offers a unique window for operators to invest in esports betting and tap into some of the biggest tournaments in the space. 🕹️ Tournament-wise, ‘The Big 3’ are Counter-Strike, League of Legends, and Dota 2. These esports giants continue to be high-yield performers. The IEM Rio Counter-Strike event in October, followed by the Counter-Strike 2 Major in Shanghai in November, offers huge opportunities, particularly in North and South America. Counter-Strike remains a betting favourite, with player-focused BetBuilder wagers providing both volume and value. 📈 Kicking off in September and running through November, League of Legends World Championship is a global event that gives operators a chance to build month-long campaigns that develop with the tournament, keeping engagement high throughout. 🎮 Operators that capitalise on this growing vertical can take advantage of new revenue streams with tournaments offering high-quality content and betting opportunities. 💰 Read more: https://lnkd.in/ewAfv8gs Are you ready to capture your share of the esports betting boom? PandaScore offers the data-driven products you need. 🐼 Contact us to learn more: [email protected]  #EsportsBetting #LeagueOfLegends #CounterStrike #Dota2 #DataDrivenProducts #PandaScore

"Leveling Up: Exploring the Rapid Growth of Esports in Australia" 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐚𝐥𝐮𝐞 : The Australian Esports market was valued at USD 124.49 million in 2023 and is projected to grow at a 6.40% CAGR, reaching approximately USD 192.19 million by 2030. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 : The report highlights crucial factors influencing the Australian esports industry, such as market trends, challenges, and opportunities. It addresses issues like inadequate internet connectivity that hinder growth and explores development prospects and emerging market segments. 𝑪𝒍𝒊𝒄𝒌 𝒉𝒆𝒓𝒆 𝒇𝒐𝒓 𝒇𝒓𝒆𝒆 𝒔𝒂𝒎𝒑𝒍𝒆 + 𝒓𝒆𝒍𝒂𝒕𝒆𝒅 𝒈𝒓𝒂𝒑𝒉𝒔 𝒐𝒇 𝒕𝒉𝒆 𝒓𝒆𝒑𝒐𝒓𝒕: https://lnkd.in/d2YqaVpm 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 : The Australian esports market is evolving rapidly, driven by increasing viewership, growing investment, and expanding infrastructure. Key dynamics include a surge in professional tournaments and gaming events, along with rising consumer interest in competitive gaming. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 : The Australian esports market is experiencing notable trends, including a rise in professional leagues and increased viewer engagement. The expansion of dedicated esports venues and the growth of mobile gaming are driving market momentum. 𝑼𝒏𝒍𝒐𝒄𝒌 𝒚𝒐𝒖𝒓 𝒆𝒙𝒄𝒍𝒖𝒔𝒊𝒗𝒆 𝑷𝑫𝑭 𝒏𝒐𝒘!https://lnkd.in/d_EkeWmv 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧 : In Australia, the esports market is predominantly driven by major urban centers like Sydney, Melbourne, and Brisbane, where there is significant investment in gaming infrastructure and high consumer engagement. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : Telstra Health Red Bull Team Bonding #AustraliaEsports #EsportsDownUnder #GamingInAustralia #EsportsGrowth #AussieGamers #EsportsTrends #GamingIndustryAU #EsportsAustralia #CompetitiveGaming #AusTech #EsportsEvents #GameOnAustralia #DigitalSports #GamingInnovation #AussieEsports

🎮🇪🇸 #Spain #Esports #Market Set for Growth! 🇪🇸🎮 The Spain Esports Market was valued at USD 133.90 million in 2023 and is expected to grow at a CAGR of 6.80% from 2024 to 2030, reaching nearly USD 212.22 million by 2030. Know More:https://lnkd.in/gmMkqS8Y Market Dynamics: #Technological Advancements: The rapid technological progress in esports, including new gaming titles, platforms, and live video transmission, has driven significant growth in the industry throughout 2023. #Sponsorship Surge: Rising sponsorships are benefiting esports clubs and teams by providing financial support, improving infrastructure, recruiting top players, and facilitating participation in larger competitions. This influx of sponsorship is crucial for market expansion. #Economic Impact: The significant economic impact of sponsorships has attracted investments from various sectors, further boosting market growth. Spain’s esports scene is thriving due to these advancements and the increasing financial support from sponsors. #SpainEsports #EsportsGrowth #GamingIndustry #TechAdvancements #EsportsSponsorship #MarketExpansion #LiveStreaming #EsportsInfrastructure #GamingInvestments #EsportsTeams #SponsorshipImpact #GamingPlatforms #EsportsMarket #EconomicImpact #EsportsDevelopment

We’re looking back to when our Head of Sales, Oliver N., featured on the Hipther Talks Premier Podcast “Betting on the Future - Exploring the Booming Esports Market with PandaScore.” 🎤 Oli shared his insights on what has driven the growth of esports betting over the past few years, including the expansion of challenger markets such as Australia and Brazil and how the proliferation of technology and the relationship with data has been a key contributor across the board. 📈 Esports is still about potential and opportunity and operators that have partnered with a dedicated esports supplier like PandaScore have seen an upward growth of around 40% on bet volume. ⬆️ Oli discussed how the US represents one of the biggest opportunities for new markets with 8 or 9 states that now have specific regulations in place for esports betting. With our recent licence acquisition in the state of Colorado, PandaScore is armed and ready to support operators in taking advantage of the opportunity stateside. 🇺🇸 Oli also described Brazil and Columbia as sleeping giants in the LatAm market and explained how new esports products are being pushed out across major iGaming and sports betting brands in the UK. 🇬🇧 Check out the full podcast here for more insights from Oli and the lowdown on our latest innovations: 🐼 https://lnkd.in/dUywbQH9 #HiptherTalks #Esports #DataDrivenProducts #Innovation #EsportsBetting #PandaScore

Traditional online sportsbooks have so far been reluctant to embrace esports, but this is proving to be a missed opportunity. This is mostly due to fears over integrity and offering markets on contests and tournaments featuring underage athletes ✅ But despite this, esports has taken the world by storm and is hugely popular in a growing number of markets and jurisdictions that operators are looking to target with their sportsbook brands. According to a Newzoo study (https://lnkd.in/emageDxf), the global esports audience is set to hit 577 million viewers by the end of 2024 with significant interest coming from Latin America 🌎 Stefanos Patsourakos, our Regional Sales Director, recently spoke with G3Newswire.com / G3 Media and highlighted the benefits esports can bring to operators. He also shared insights into why bettors are increasingly drawn to fast-paced esports content and the reasons behind its growing popularity ⬆️ Read it here: https://lnkd.in/e3ffwRNd #BETER #esports #betting #LATAM #fastbetting

OpTic Gaming have partnered with Italian based Juventus Football Club. The partnership aims to “bridge the gap between traditional sports and esports” with social media content, limited-edition co-branded merch, and video content featuring competitors + influencer teams. Both parties will also launch unique on-site activations to support each other’s competitions. The first collaboration sees Scump, Methodz, Hitch, and H3CZ from OpTic traveling to Italy to access Juventus facilities and attend a Juventus match. This type of sports x esports collaboration has been well known with Manchester United partnering with FaZe Clan and Gen.G, as well as Paris Saint-Germain partnering with various esports orgs for team joint-naming in esports like Dota 2 and League of Legends. It will be interesting to which party sets to gain more from these partnerships (sports fans engaging more with esports, or vice versa). Follow #MoreMark for #Business content in #Gaming, #Esports, and #Creators!