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eSports odds calculation and risk management with Vlastimil Venclik (CEO, oddin.gg) at Prague Gaming Summit 3
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Legalsportsreport.com reported that sports betting represents the most popular product among eSports fans. Betting on eSports is more or less identical to betting on traditional sports, with the limitations that the eSports betting product is far less developed than the traditional sports betting product.
Players can choose between cash-based or skins-based sites when betting on eSports matches.
In terms of popular games, real-money League of Legends betting leads the pack, but CS:GO betting is a close second and closing ground, according to an analysis by Narus Advisors / Eilers & Krejcik Gaming.
This (relatively) new type of betting got off to a slow start, but it has gained a lot of traction over the last couple of years. This is also thanks to the adoption by the millennials and the growth has been so explosive that it’s been estimated that the global esports betting market will be worth nearly $30 billion by the year 2020.
The eSports fanbase is huge, but it’s nowhere near as big as the fanbases for traditional sports such as soccer, football and tennis. Most people outside of those types of fanbases don’t have any idea what eSports are all about. They certainly don’t know anything about betting on them. Imagine when this convergence will start to happen.
The organizers of Prague Gaming Summit are honored to announce that you will get the opportunity to hear more about how eSports in changing the betting industry and bringing more millennials to the mix from leading expert of the eSports industry, Vlastimil Venclik.
Vlastimil Venclik, while acting as CTO, has built the first low-latency and fully automated infrastructure for eSports odds calculation and risk management. The company was the market maker on Betfair Exchange and provided eSports feed to one of the biggest UK operators.
Vlastimil`s passion are the most advanced technologies and their application in business.
His current project, where he acts as CEO, is Oddin. The team has been building the eSports bookmaker, which calculates its own eSports odds and has its own platform to engage with millennials on multiple fronts. The company leverages the expertise of the team members from data science, image recognition, AI, social engagement and marketing.
Vlastimil will join James Camilleri (Head of Sales and General Manager, Scout Gaming Group Malta), Martin Wachter (CEO and Founder, Golden Race), Assaf Stieglitz (President, Odds1x2 Holdings), and Nadiya Attard (Director, Business Development EMEA and Asia at NetEnt) in the “Marketing & Innovation: Understanding Millennials – eSports, Daily Fantasy Sport, Virtual sports and Online Slots Games” panel discussion, which will be moderated by Tiago Aprigio (CEO at All-in Translations)
You can Register here or View the Agenda
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: eSports odds calculation and risk management with Vlastimil Venclik (CEO, oddin.gg) at Prague Gaming Summit 3

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Vindral appoints Henrik Fagerlund as Chairman of the Board
Vindral has strengthened its board of directors with the appointment of iGaming industry veteran Henrik Fagerlund as Chairman of the Board.
Henrik brings more than 20 years of experience across both B2C and B2B gaming. He has held senior leadership roles at Evolution and NetEnt, and most recently spent three years as Managing Director of RAW Live at RAW iGaming, where he oversaw the development of new live gameshow formats. After many years in Malta, Henrik recently returned to Stockholm, where he has also been running his own consultancy business supporting a range of gaming companies.
Founded a decade ago by a team of Swedish technologists with expertise in video, audio, real-time streaming, and AI, Vindral provides a high-performance live video platform purpose-built for the demands of modern live gameshow broadcasting studios, where quality, control, innovation, and scalability are essential.
Daniel Alinder, Chief Executive Officer at Vindral, commented: “We’re delighted to welcome Henrik as Chairman of the Board, and also as an active working member who will contribute to both business development and marketing. Beyond his extensive industry knowledge, Henrik brings a proven ability to grow businesses and build strong teams. At Vindral, we’re scaling our platform across multiple verticals, from live auctions and sports to broadcasting and, most importantly, iGaming. Henrik’s insight into both the product and commercial sides of this industry will be invaluable as we strengthen our position and accelerate growth. His appointment marks an exciting step forward for the company.”
Henrik Fagerlund, newly appointed Chairman of the Board at Vindral, said:
“I’m very pleased to join Vindral at such an exciting stage of its journey. Having known the team since their RealSprint days, I’ve seen first-hand their ability to solve complex challenges in live streaming and gaming. With innovations like AI-powered Computer Vision and Custom Trackers, Vindral is pushing boundaries in a way that few others can. I look forward to contributing my experience and network to support the company’s continued growth.”
The post Vindral appoints Henrik Fagerlund as Chairman of the Board appeared first on European Gaming Industry News.
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Elantil integrates FIRST, the tier one sportsbook solution, into its marketplace
Industry-leading platform gains direct access to FIRST’s world-class sportsbook technology and trading excellence
Elantil, the pioneering platform solutions provider, has announced the integration of FIRST – the tier one sportsbook supplier redefining global sports betting technology – into its online marketplace.
FIRST is widely recognised for delivering the highest lifetime value in the industry through its unrivalled combination of cutting-edge technology, in-house trading expertise, and global reach. Its proprietary platform powers some of the most ambitious operators worldwide, offering them a true alternative to legacy solutions.
By joining forces with FIRST, Elantil’s marketplace now connects its clients with a sportsbook solution built for operators aiming to compete at the very top of the industry. The integration provides Elantil partners with streamlined access to FIRST’s premium sportsbook technology and allows them to scale with confidence and independence.
John Debono, Chief Technical Officer at Elantil, said: “Much like Elantil, FIRST is a company that has used its years of industry experience to identify operators’ most common pain points and come up with innovative solutions. Now combining cutting-edge technology with trading excellence and local expertise, we’re sure they’ll go on to be a huge addition to our marketplace.”
Tom Light, CEO, at FIRST, said:“At FIRST, we have built the sportsbook solution that redefines what operators can expect from a partner – combining proprietary technology, world-class trading, and proven scalability. Integrating with Elantil, a leading platform technology supplier, ensures more operators can directly access a truly tier one sportsbook and unlock their full potential.”
The post Elantil integrates FIRST, the tier one sportsbook solution, into its marketplace appeared first on European Gaming Industry News.
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The phased rollout of Push Gaming’s titles on Jackpots.ch will continue, with more popular games set to become available in the coming weeks.
This strategic partnership marks a significant step in Push Gaming’s continued expansion into regulated markets and its second collaboration in Switzerland.
Grand Casino Baden is recognised for its strong presence and reputation within the Swiss iGaming landscape, providing an ideal platform for the studio to solidify its foothold and expand its player base in the region.
Daniel Kevan, Business Development Manager at Push Gaming, said: “This partnership is a testament to our commitment to expanding our reach in regulated markets, and Grand Casino Baden’s position as a key player in Switzerland makes it an invaluable partner.
“We are confident that its players will thoroughly enjoy the engaging and innovative gameplay that our titles, including recent major releases like 3 Magic Pots and Wild Swarm Triple Hive, deliver.”
Brian Christner, Chief Online Gaming Officer at Grand Casino Baden, added: “Bringing Push Gaming’s high-quality content to our players is an exciting development for us.
“Its portfolio of games is renowned for its entertainment value and strong performance, and we believe it will be a significant draw for our audience. This collaboration strengthens our offering and reinforces our commitment to providing the best possible gaming experience to Swiss players.”
The post Push Gaming advances in Switzerland with Grand Casino Baden partnership appeared first on European Gaming Industry News.
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