Gaming News
| Published On Nov 1, 2023 1:14 pm CET  |  Updated on May 13, 2024 6:47 am CEST | By Simon Hayes

Esports Entertainment Invests in Drafted.gg for Wagerable Content Expansion

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Drafted.gg is a content creation firm that has received an unknown financial investment from Esports Entertainment Group. This action fortifies their current revenue-sharing arrangement and strategic cooperation, opening the door for possible future growth.

The CEO of Esports Entertainment, Alex Igelman, expressed excitement about the endeavor and emphasized the company’s plan to include wagerable content in their iGaming and esports services. For him, this is only the start of a larger partnership.

Igelman stated, “We’re excited to obtain a minority interest and participate in a revenue-sharing agreement that Drafted.gg has in place. This initial investment and collaboration allow us to seamlessly add a best-in-class provider to our robust ecosystem.”

Full Ownership and US Expansion

Esports Entertainment is considering its options. Depending on the success of the material and the smooth onboarding of their first US sportsbook, their strategy calls for owning Drafted.gg in its entirety.

Igelman is optimistic that Drafted.gg’s vast library of material, which includes hundreds of short-cycle games per month, would appeal to US esports bettors. Additionally, he is confident in their capacity to incorporate the material of Drafted.gg with top US sportsbooks.

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The acquisition is in line with the business-to-consumer (B2C) strategic change of Esports Entertainment. The business is aggressively expanding the range of esports and iGaming solutions it offers clients in order to give them a wide range of online betting choices.

Igelman underlined their dedication to strict regulatory compliance and gaming integrity requirements, making sure that the content they produce is in line with gambling on skill-based content.

This investment supports the partnership between Esports Entertainment and esports betting solution provider Oddin.gg, as well as the company’s future Delasport sportsbook service. For the advantage of clients and customers, this creates a holistic ecosystem in conjunction with Drafted.gg’s live esports content.

By making an investment in Drafted.gg, Esports Entertainment is demonstrating their strategic intent to improve their wagerable content offerings and increase their market share in the iGaming and esports sectors. There might be intriguing advancements in the esports betting space as a result of this relationship.

Simon Hayes

Simon is a freelance writer who since a young age has been passionate about nothing but gaming. His favorite games are League of Legends and Counter Strike. Simon holds a bachelor’s degree in journalism and is now working remotely while traveling the world.