eSports
The Future of Esports Betting For Altenar A Sportsbook Software Provider
The growing demand for Esports has reached an all time high as the pandemic drove countless in-land betters to the waves of the internet and even more so, towards virtual betting and Esports as live events couldn’t take place for some time. Alongside this, many iGamers believe that virtually produced or synthetic gaming offers a truer sports betting experience.
As a result the Esports betting arena has witnessed dramatic expansion from 2019 to 2022 and has been predicted to reach all new heights by 2025.
Within this relatively new avenue of gambling, the sports betting industry is faced with the challenges that come from fast-emerging markets and the uniqueness of this situation having been spurred on by the pandemic.
So, what has caused this cataclysmic shift to Esports and what can be expected from an industry-changing, history-making shift like the continued demand for Esports betting?
A Market Worth Betting On
As the increased demand for Esports has grown around the globe, it’s interesting to see what value the market has held and is predicted to hold in the coming years.
According to a report from Market Insight Reports the Esports global value is set to reach 13 billion USD by 2025 from the 800 million USD recorded as of 2019. This demonstrates the global demand for Esports and the growth of the market in a short space of time.
The pandemic witnessed and became the catalyst for the Esports market which is continuing to grow from its infancy.
Altenar, the sportsbook software provider, has adopted this customer-based shift from traditional sports betting towards Esports and has incorporated this increasingly popular segment for their clients.
As a result, Altenar has witnessed a growth in the amount of new clients who want to harness Altenar’s access to Esports events.
Whether your customers want to play League of Legends or Global Offensive, Altenar has access to a host of Esports verticals your customers will love.
With a greater preference for online gambling to in-land gambling in the sports betting market, it’s no wonder that betting on virtual games and Esports has witnessed this exponential growth.
What Can Esports Bring To Your Company?
For the most part, companies offering Esports will simply offer pre-match bets, however, Altenar and their Esports content provider, Oddin, offer a plethora of granular bets.
Meaning that with Altenar, in-game betting can take place; from match scores, the first team to a specific number of rounds or live betting on who will gain or lose life in a game. This offers operators a host of interactive Esports content to the emerging crowd of younger iGamers who appear to move away from traditional sports betting.
As the Esports ecosystem gains momentum and builds in sophistication more companies like Altenar will begin to adapt to the changing times.
If you’re looking to enter the fast-growing market of Esports then you can do so by visiting Altenar’s website today and discover why they’re the company where stability meets flexibility.
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eSports
Vlad Marinescu Re-Elected as 10th IESF President
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The International Esports Federation (IESF) concluded its 17th Ordinary General Meeting (OGM) in Kuala Lumpur, Malaysia, alongside the 17th World Esports Championship Mobile Legends: Bang Bang (MLBB) Finals. Member federations from around the world gathered to review the federation’s annual progress, adopt key motions, and participate in the 10th IESF Elections, marking a milestone moment in the federation’s governance history.
During the election session, Vlad Marinescu was re-elected as the 10th President of the IESF, securing his second term. His re-election reflects the continued confidence of the membership in his leadership and vision for the future of the World of Esports.
“I am truly grateful for the trust placed in me to continue leading the International Esports Federation,” Marinescu said. “As we mark our 10th election cycle, we remain steadfast in our commitment to unity, transparency, and the sustained growth of the World of Esports.”
Delegates reviewed strategic priorities for the year ahead, including enhanced governance standards, expanded athlete development initiatives, and strengthened international cooperation. Voting on member-submitted motions underscored the federation’s collective commitment to advancing integrity, professionalism, and institutional maturity across the esports ecosystem.
The assembly also elected the IESF Board for 2026, comprising:
Board Members:
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HRH Prince Omar Bin Faisal – Jordan
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Afiq Fadhli Bin Narawi – Malaysia
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Elin Yoojung Moen – Norway
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Clint Kennedy – United States
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Flip De Bruyn – Namibia
The OGM concluded as the 17th World Esports Championship MLBB Finals continued, highlighting IESF’s ongoing mission to unite nations through Esports and support athletes, federations, and fans worldwide.
The post Vlad Marinescu Re-Elected as 10th IESF President appeared first on European Gaming Industry News.
Bet builder
GG.BET launches Bet Builder for a new way to bet
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Customers can now use Bet Builder, a format that lets them build their own set of markets on one match into a single bet with higher odds. Bet Builder is available for both esports and sports events. You can try out the new feature with a deposit bonus of up to 150% and a free bet worth up to $50.
Customers can now place a combined bet on a single match by picking various options for how events in the match will play out. For example, in CS2, customers can choose which team will win on a specific map, how many kills a specific player will rack up, how many rounds will be played on a single map, and so on.
To place a Bet Builder bet, pick an event that hasn’t started yet, press the ‘Bet Builder’ button, put together your selection of markets from those available, get higher combo odds, and finish placing the bet in one click. At this initial stage, GG.BET is offering Bet Builder on football, basketball, hockey, CS2, Dota 2, LoL, and VALORANT, with more sports and disciplines to be added down the line.
“GG.BET has always been known for embracing unconventional markets and elaborate betting options. Bet Builder is there to meet customer demand for more interesting formats in a single match. The ability to make predictions right down to a specific round and any other tiny detail of a match is what gives users variety and improves their skills,” the GG.BET press office explained.
GG.BET is offering customers the opportunity to test out the Bet Builder format with a deposit bonus of up to 150% and a free bet of up to $50.
The post GG.BET launches Bet Builder for a new way to bet appeared first on European Gaming Industry News.
Asia
IESF Officially Opens the World Esports Championship 2025 in Kuala Lumpur
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The World Esports Championship 2025 (WEC25) is officially open in Kuala Lumpur, welcoming athletes, fans, and delegations from around the globe. With 19 nations taking part in Mobile Legends: Bang Bang (MLBB), this year’s event stands as the most internationally diverse MLBB competition in IESF history.
After a year filled with national and regional qualifiers and preparations from teams around the world, the world’s top esports athletes have arrived in Malaysia’s capital, Kuala Lumpur. The opening ceremony set the tone for the days ahead, offering fans a first glimpse of the excitement and atmosphere surrounding this year’s championship.
“WEC25 reflects the continued growth of esports as a space for connection, competition, and shared passion,” said IESF General Secretary Boban Totovski. “Bringing together 19 nations for MLBB is a milestone not just for the title, but for the entire esports ecosystem. We are proud to bring this edition of the championship to Kuala Lumpur.”
As the competition officially kicks off, the schedule is fully packed with exciting match-ups among Nations, competing for their flag and country. The best from all over the world will have the unique opportunity to become the MLBB World Champion.
IESF extends its gratitude to the Malaysian government and the Ministry for Youth and Sports, partners, athletes, and global supporters who continue to elevate the championship’s reach and impact.
The post IESF Officially Opens the World Esports Championship 2025 in Kuala Lumpur appeared first on European Gaming Industry News.
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