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PandaScore raises $6M to drive esports betting with AI-powered data

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PandaScore raises $6M to drive esports betting with AI-powered data
PandaScore raises $6M to drive esports betting with AI-powered dataReading Time: 2 minutes

 

PandaScore, a startup that provides real-time data for the esports betting industry, has raised €5 million (~$6M) in recent funding. The funds will be used to expand the company’s products for bookmakers, enabling more and better esports betting experiences.

Paris-founded startup PandaScore, which supplies esports bookmakers with AI-powered statistics and odds, announces today that it has raised €5M (~$6M) in funding. The round is led by Serena, with other investors in the round being Alven, sports-tech investor KB Partners and esports owner and investor aXiomatic Gaming.

Esports is estimated to have close to 500 million fans worldwide and the industry accounts for about $1bn in global revenues. Still, it has room to grow when it comes to betting. PandaScore’s real-time AI-powered odds empower betting traders to better leverage this massive entertainment industry.

“Providing game-changing data for bookmakers is our way to fuel the growth of esports,” says PandaScore founder and CEO Flavien Guillocheau. “When bookmakers can offer great esports betting it also helps in raising sponsorships for teams and tournaments.”

Collecting data in real-time from ongoing esports matches and from official sources, PandaScore uses its proprietary artificial intelligence to sift out and analyze the most useful pieces of information as it happens. Betting traders gain an edge utilizing machine learning to set better odds and a larger esports offering.

“Bookmakers are some of the most data dependent companies out there,” says Mr. Guillocheau. “With esport tournaments and fantasy leagues becoming a more significant component of sportsbook offerings around the world, access to PandaScore’s abundance of real time esports odds and data is vital to all the bookmakers we work with. Our vision is to help esports grow by providing the data resources for any esports business.”

PandaScore taps into the trend of a new generation tuning in to esports for entertainment and betting just as much as their older peers have done with traditional sports. The trend has only been emphasized by the recent lockdowns in many countries, which have disrupted regular sports more than they have the online gaming esports industry.

Pandascore has recently signed some of the fastest growing companies in the esports entertainment and esports betting industries as clients, including fantasy esports company Sleeper and leading companion app Strafe, esports betting platform Pixelbet and leading LATAM sportsbook BetCris. The company will use the new funding for further expansion, including hiring for the team in Paris and in Malta, as well as to cover more esport titles.


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: PandaScore raises M to drive esports betting with AI-powered data

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Playtime with Sumo Baby: PopOK Gaming’s Adorable New Slot Unveiled!

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PopOK Gaming is thrilled to announce the launch of Sumo Baby, a charming new 3×3 slot game that brings a playful twist to the world of traditional sumo. This delightful slot combines the cuteness of a baby sumo wrestler with exciting features to deliver a rewarding experience for players who enjoy Asian-inspired themes and high winning potential.

Sumo Baby is set on a straightforward 3×3 layout with 5 paylines, making it accessible for both casual players and slot enthusiasts. What makes this game truly unique is the Multiplier Reel beneath the main reels, offering random win multipliers of x2, x5, or x10 on any spin to amplify winnings.

When the Free Spins Feature is activated, players are rewarded with 8 Free Spins, and the excitement doesn’t stop there! During Free Spins, Sumo Baby boosts every spin with additional multipliers, creating a dynamic experience where every spin has the potential for bigger rewards.

To make the game even more appealing, Sumo Baby introduces the Sure Win Bet option, allowing players to secure a guaranteed payout on each spin (excluding Free Spins). With a maximum win potential of 2,500x the bet, this game promises both charm and substantial rewards.

Key Features of Sumo Baby:

  • 3×3 Layout with 5 Paylines: Simple and visually captivating.
  • Multiplier Reel: Random win multipliers (x2, x5, x10) on any spin.
  • Free Spins Feature: 8 Free Spins with additional multipliers for greater win potential.
  • Sure Win Bet: Guarantee a win on every spin for those seeking added security.
  • Max Win: Up to 2,500x the original bet.

Dive into the ring with Sumo Baby and experience a world of charm, excitement, and rewarding gameplay. Available now on PopOK Gaming platforms!

The post Playtime with Sumo Baby: PopOK Gaming’s Adorable New Slot Unveiled! appeared first on European Gaming Industry News.

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Evoplay launches one of the first-ever tap titles with Tap Craze

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Evoplay, the award-winning game development studio, debuts in the tap game vertical with Tap Craze, marking a significant expansion of its portfolio with innovative interactive content for operators.

Designed to offer an engaging and dynamic gameplay experience, Tap Craze introduces players to Capybara Joe, the title’s central character, alongside a suite of features aimed at maximising retention and engagement.

Operators can leverage the unique Happiness Scale mechanic, encouraging players to maintain Joe’s glee to unlock the Wheel of Fortune, offering multipliers of up to 500x.

Tap Craze includes three fixed jackpots, Minor, Major, and Grand, offering significant rewards. It also offers customisable components, including a Costume Gallery for personalisation and a competitive Top 15 Leaderboard to foster engagement.

With a live Information Ticker showcasing the latest wins, Tap Craze is designed to create a sense of community and excitement among audiences.

The introduction of the title with new engaging mechanics highlights Evoplay’s commitment to innovation and reinforces its position as a leading supplier in the iGaming industry.

Ivan Kravchuk, CEO at Evoplay, said: “Tap Craze represents a significant step forward for Evoplay as we continue to diversify our portfolio with cutting-edge interactive content.

“By introducing innovative mechanics and highly interactive features, this game provides operators with a product that both entertains and drives strong retention and performance. We’re excited to offer a unique addition to our portfolio that aligns with our partners’ needs and demands in competitive markets.”

The post Evoplay launches one of the first-ever tap titles with Tap Craze appeared first on European Gaming Industry News.

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Stakelogic Seals the Deal with Light & Wonder Integration

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Industry-leading slot and live casino content provider signs a new deal with Light & Wonder, ensuring expanded distribution across key European and US markets

Stakelogic, the in-demand iGaming content provider, has put pen to paper on a deal with industry leading aggregator Light & Wonder that will see its slot and live casino content integrated into Light & Wonder’s content marketplace.

This direct integration will see Stakelogic’s game-changing content offered to leading operators in key regulated markets in Europe and the US. The integration includes hot releases like DRAGON’S DAWN, MANIMALS, AND TIKI TIKI HOLD ‘N’ WIN all making their way to the content marketplace.

In addition, Stakelogic’s range of classic online slots will also be included in the deal. This portfolio combines the nostalgia of old-school fruit machines with the innovation of modern-day slots, providing one of the best classic slot experiences on the market.

Furthermore, Stakelogic’s cutting-edge live casino content will also be available. Speed Baccarat, and the Super Wheel side-bet, the industries’ first game which gives the opportunity to players to progress from slot games to the live casino bonus rounds, are just some of the live casino games being integrated onto Light & Wonder’s content marketplace.

Light & Wonder’s leading online content marketplacehosts over 4,500 games from some of the world’s leading content game studios and its own in-house developed games. Its integration platform is one of the best in the industry, with the company working alongside some of Europe’s and America’s leading online operators.

Neil Tanti, Head of Sales at Stakelogic, said: “Light & Wonder is a market-leading aggregation platform that can provide us unparalleled access to some of our most important strategic markets. Its reputation among providers speaks for itself and we are excited about the opportunities this new agreement presents.”

James Bustin, Business Development Manager, at Light & Wonder, said: “At Light & Wonder, we aim to provide our customers with the most innovative and exciting games available, and to achieve this, we have to work with the best of the best. Stakelogic is firmly established as one of the hottest content providers in the world, and we are proud to add them to our ever-growing content marketplace.”

The post Stakelogic Seals the Deal with Light & Wonder Integration appeared first on European Gaming Industry News.

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