Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) ( the
“Company”), a licensed online gambling company with a focus on
esports wagering and 18+ gaming, and its partner Allied Esports, a
subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE),
today announced participating teams and final details for the
inaugural VIE.gg CS:GO (Counter-Strike: Global Offensive) Legend
Series tournament, set to begin on Monday, August 31, 2020. The
partners previously announced a licensing and sponsorship agreement
for the tournament that will bring Legend Series wagering
opportunities to consumers on the new VIE.gg platform for the first
time.
The VIE.gg CS:GO Legend Series will feature 16
teams from multiple European countries, the Commonwealth of
Independent States (CIS) region and South America competing online
for €50,000 ($59,000) in total prize money. The lineup features the
top-ranked CS:GO teams from five countries, including Belarus,
Bulgaria, Norway, Romania and Ukraine, and seven teams ranked in
the top 50 globally. Participating teams are listed below, and two
additional teams will be announced next week.
Team Name |
Country |
World Rank |
Country Rank |
MIBR (@mibr) |
Brazil |
18 |
2 |
Nemiga (@nemigagg) |
Belarus |
30 |
1 |
Heretics (@TeamHeretics) |
France |
41 |
4 |
FATE (@FATEesports) |
Bulgaria |
43 |
1 |
Cr4zy (@gocr4zy) |
Ukraine |
44 |
1 |
HellRaisers (@HELLRAISERSgg) |
CIS |
49 |
11 |
Apeks (@apeksgg) |
Norway |
50 |
1 |
Team Secret (@teamsecret) |
Europe |
56 |
NA |
Winstrike (@Winstrike_Team) |
Kazakhstan |
60 |
2 |
Nexus Club (@NexusGamingRo) |
Romania |
61 |
1 |
Honoris (@honorisgg) |
Poland |
81 |
7 |
Singularity (@SNG_Esports) |
Denmark |
87 |
8 |
BIG Academy (@bigesports_gg) |
Germany |
94 |
4 |
Team Queso (@TeamQuesoGG) |
Spain |
211 |
3 |
*HellRaisers is ranked 11th in the CIS
region
Allied Esports’ VIE.gg CS:GO Legend Series
format will include a group stage featuring four groups of four
teams competing in best-of-three play, with the top two teams from
each group advancing to the playoffs. The four first round playoff
matchups will be best-of-three, while the semifinals and finals
will be best-of-five.
Teams will earn prize pool money throughout the
tournament, including €500 for each match win and €1500 to the top
finisher in each group. The VIE.gg CS:GO Legend Series champion
will take home €15,000, with €7,000 to the runner-up, €3,000 each
to the third and fourth place finishers, and €1,500 to each of the
remaining playoff participants.
The tournament will be produced by Allied
Esports from its HyperX Esports Studio in Hamburg, Germany and
streamed live on Twitch.tv/AlliedEsports from 8 a.m. to 3 p.m. PDT
(5 p.m. - 12 a.m. CEST) each day. For a schedule of matchups, visit
AlliedEsports.gg/LegendSeries.
Leading each broadcast during the two-week
competition will be casters Robert Jan Kortooms (@RJcasts) and
Thiadrik Oldersma (@Toldersma), alongside analyst and former
professional CS:GO player Mathieu Quiquerez (@Maniac_CSGO). Each
broadcast during the tournament will feature a wagering component,
including dynamic live odds that will be on display for the
entirety of each match, while additional prop bets will be
discussed and integrated into each show. For a full list of
available real-time bets, fans can go to VIE.gg throughout the
tournament.
“We have worked together with Esports
Entertainment Group to integrate customized features and unique
content presentations into a broadcast of our popular Legend Series
that highlights their product and delivers an exciting new
experience to viewers around the world,” said Frank Ng, CEO of
Allied Esports Entertainment. “Our ability to provide partners with
established tournament brands and high-quality productions that
help them achieve their business objectives will continue to
strengthen our position as a leader in the burgeoning esports
betting industry and beyond.”
Created in 2017, Allied Esports’ original Legend
Series tournament brand was designed to expand the competitive
ecosystem and total prize pool for teams ranked outside of the
first tier. The VIE.gg CS:GO Legend Series will be Allied Esports’
sixth edition of the CS:GO Legend Series and the first to feature a
licensing partner and title sponsor. Additional versions of the
series have previously included Overwatch, League of Legends, FIFA,
COD Blackout and VALORANT.
“We’re thrilled to sponsor the inaugural VIE.gg
CS:GO Legend Series, which features an incredible roster of teams
and has the potential to reach their more than four million
combined followers globally,’’ commented Magnus Leppaniemi, VP of
Marketing and Head of Esports at Esports Entertainment Group. “This
is a great opportunity for us to support the CS:GO ecosystem and
provide an avenue for underserved teams to compete for larger prize
pools.”
Esports Entertainment Group offers bet
exchange-style wagering on esports events in a licensed, regulated
and secure platform to the global esports audience at VIE.gg. The
VIE.gg platform provides customers the ability to match bets
against one another, with Esports Entertainment Group taking a
small commission on the winnings.
ABOUT ESPORTS ENTERTAINMENT GROUP
Esports Entertainment Group, Inc. is a licensed
online gambling company with a specific focus on esports wagering
and 18+ gaming. Esports Entertainment offers fixed odds wagering,
fantasy and pools on various esports events in a licensed,
regulated and secure platform at vie.gg and owns and operates
online sports book, SportNation.bet. In addition, Esports
Entertainment intends to offer users from around the world the
ability to participate in multiplayer mobile and PC video game
tournaments for cash prizes. Esports Entertainment is led by a team
of industry professionals and technical experts from the online
gambling and the video game industries, and esports. The Company
holds a license to conduct online gambling and 18+ gaming on a
global basis in the UK, Ireland, Malta and Curacao. The Company
maintains offices in New Jersey, the UK and Malta. For more
information visit www.esportsentertainmentgroup.com.
About Allied Esports
Named one of the World’s Most Innovative
Companies by Fast Company, Allied Esports International, Inc. is at
the forefront of esports entertainment with a global network of
properties designed to serve as competition battlegrounds,
community experience hubs and content production centers.
Through direct operation or membership in the
Allied Esports Property Network, the world’s first esports
affiliate program, Allied Esports’ facilities span North America,
Europe, China and Australia, and include the world-renowned HyperX
Esports Arena Las Vegas, a fleet of mobile arenas, the HyperX
Esports Trucks, and the HyperX Esports Studio in Hamburg,
Germany.
Allied Esports’ properties serve as the home to
a number of online and offline proprietary productions and events,
including Friday Frags and Saturday Night Speedway, as well as
original partner programs like the Simon Cup and VALORANT Ignition
Series: Allied Esports Odyssey.
For more information about Allied Esports, visit
AlliedEsports.gg and follow @AlliedEsports. Allied Esports
International, Inc. is a subsidiary of Allied Esports
Entertainment, Inc.
About Allied Esports EntertainmentAllied
Esports Entertainment, Inc. (NASDAQ: AESE) is a global leader in
esports entertainment, providing innovative infrastructure,
transformative live experiences, multiplatform content and
interactive services to audiences worldwide through its strategic
fusion of two powerful brands: Allied Esports and the World Poker
Tour (WPT). For more information, visit AlliedEsportsEnt.com.
FORWARD-LOOKING STATEMENTSThe information
contained herein includes forward-looking statements. These
statements relate to future events or to our future financial
performance, and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of
activity, performance, or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. The safe harbor for forward-looking
statements contained in the Securities Litigation Reform Act of
1995 protects companies from liability for their forward-looking
statements if they comply with the requirements of the Act.
Contact:
U.S. Investor Relations RedChip
Companies, Inc. Dave Gentry 407-491-4498 dave@redchip.com
Media Contacts AGORACOM ESPO@agoracom.com
http://agoracom.com/ir/eSportsEntertainmentGroup
Brian FisherAllied Esports brian@alliedesports.com
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