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Esports Technologies Completes Acquisition of Aspire Global’s B2C Business
Company now controls gaming giant with $1.86 billion in annual wagers and $183 million in cash deposits as revenue grows 43% in the most recent 12-month period with 1.25 million active customers
Esports Technologies, Inc., a leading global provider of award-winning advanced esports wagering products and technologies, announced the successful closing of its acquisition of Aspire Global’s B2C business for $75.9 million.
Under the terms of the deal, Esports Technologies has now closed on the acquisition of Aspire’s portfolio of B2C proprietary online casino and sportsbook brands, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. Additionally, Esports Technologies gains access to gaming licensing in Tier 1 regulated markets including the United Kingdom, Germany, Ireland, Malta, and Denmark.
Strategically, Esports Technologies plans to leverage the increased market access from the multiple-brand acquisition to cross-sell esports wagering opportunities to increase its esports revenue, player bet transactions, and customer base.
In the most recent 12-month period ending September 2021, Aspire Global’s B2C revenue was $78.3 million and its EBITDA was $7.9 million, a 43% and 30% gain over the same period in the prior year, respectively. During the same period, the B2C business recorded wagering of $1.86 billion and $183 million in cash deposits from 1.25 million customers.
Aspire Global will serve as the back-end provider for the acquired B2C brands, ensuring operational continuity, and will offer Esports Technologies wagering products on its platform.
Aaron Speach, CEO, Esports Technologies, said, “Acquiring Aspire Global’s portfolio of innovative B2C brands, access to new markets, and its 1.25 million deposited customers is a strategic leap in our journey to become a world leader in esports wagering. We look forward to our partnership with Aspire as we continue to scale.”
Tsachi Maimon, CEO of Aspire Global, said, “Esports Technologies has rapidly established itself as one of the foremost innovators in esports wagering. Acquiring the world-class B2C portfolio we’ve built will further expand their reach in this skyrocketing global market.”
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Organisers say the agenda will cover safer product design, regulation, data ethics and AI, with limited places still available.
The Ethical Gambling Forum will take place on 28/29 April in Leeds, UK, with Flutter hosting the event. Organisers say the annual gathering will bring together regulators, operators, technology suppliers, researchers and advocates to discuss ethical and responsible gambling.
According to the organisers, this year’s programme will focus on responsible product design, player protection, regulatory evolution, data ethics and the use of emerging technologies including AI. The agenda is set to include keynote sessions, panel debates, case studies and roundtable discussions.
“Ethical leadership isn’t optional anymore; it’s the foundation of the industry’s future,” said Adrian Sladdin, Co-Founder of the EGF. “This Forum is where meaningful progress happens.”
The organisers said limited spaces remain and directed interested attendees to the event website for registration and the full programme.
More data as follows:
- Ethical Gambling Forum (EGF) event website: https://www.egf.events Official source for registration and programme details referenced in the release.
- Flutter Entertainment: https://www.flutter.com Host company named in the release; readers may want corporate context.
- UK Gambling Commission: https://www.gamblingcommission.gov.uk Primary UK regulator relevant to discussions of compliance and regulatory evolution.
The post Ethical Gambling Forum lands in Leeds on 28–29 April, hosted by Flutter appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
The $11 buy-in tournament runs Phase 1 flights through May 10, when all Phase 2 qualifiers return in the money.
PokerStars is running a 15th anniversary edition of its Sunday Storm online poker tournament with a $500,000 guaranteed prize pool. The operator said the special phased format kicked off on Friday, April 17 and culminates with Phase 2 on Sunday, May 10.
The anniversary event carries an $11 buy-in. PokerStars said Phase 1 flights will run daily over three weeks through May 10, giving players multiple entry opportunities to qualify for Phase 2.
Under the phased structure, PokerStars said players can enter multiple Phase 1 events, cash during Phase 1s, and advance with flexibility. The company added that Phase 2 will start with all returning players already in the money.
PokerStars also announced a “$300,000 guaranteed Sunday Storm 15th Anniversary Ticket Machine” running from Friday, April 24 to Saturday, May 9. According to the company, players can earn entries via daily challenges tied to Phase 1 play and knockouts, with up to three entries per player per day and daily draws awarding $11 tickets at 00:05 ET.
More details on the anniversary event and Phase 1 schedule are available via the PokerStars Blog.
More data as follows:
- PokerStars: https://www.pokerstars.com/ Primary operator site for tournament availability, terms, and market eligibility.
- PokerStars Blog: https://www.pokerstars.com/poker/learn/news/ Referenced in the release for the Phase 1 schedule and event details.
- PokerStars tournament lobby (online poker tournaments): https://www.pokerstars.com/poker/tournaments/ Where readers can verify the phased Sunday Storm listing and buy-in/guarantee information.
The post PokerStars marks Sunday Storm’s 15th anniversary with $500K GTD phased event appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
PokerStars is celebrating the 15th anniversary of the iconic Sunday Storm with a phased tournament, featuring a $500,000 guaranteed prize pool.
For just an $11 buy-in, players can jump into this special anniversary edition of one of online poker’s most popular tournaments, which continues to stand as a must-play event for players of all levels.
For the past 15 years, the Sunday Storm has been a Sunday staple for poker players worldwide, attracting huge fields and delivering massive guaranteed prize pools, along with unforgettable moments for everyone from casual weekend players to seasoned grinders pursuing a major online score.
To mark its 15th anniversary, the first Phase of the Sunday Storm tournament kicked off on Friday, April 17. With Phase 1s running daily over three action-packed weeks until Sunday, May 10, players have multiple opportunities to join the action now and secure their place in the final stage, Phase 2, on Sunday, May 10, where all returning players will already be in the money.
The Phased format allows players to enter multiple Phase 1 events, cash along the way, and progress at their own pace, offering greater flexibility and making it easier to fit participation around daily schedules while preserving the thrill and prestige of this iconic event. Players can also qualify for less via satellites starting from just $0.55.
In addition, the $300,000 guaranteed Sunday Storm 15th Anniversary Ticket Machine will run from Friday, April 24 to Saturday, May 9, offering players the chance to earn Phase 1 tickets by competing in various daily challenges, such as playing Phase 1 events and knocking out players, with up to three ticket machine entries available per player per day. The more players play, the greater their chances of winning Phase 1 tickets, with daily draws awarding $11 Sunday Storm Anniversary tickets at 00:05 ET.
For more information about the Sunday Storm 15th Anniversary and Phase 1 schedule, go to the PokerStars Blog.
The post PokerStars Celebrates 15th Anniversary of Sunday Storm with $500K Guaranteed Prize Pool appeared first on Americas iGaming & Sports Betting News.
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