LAS VEGAS, June 9, 2021 /PRNewswire/ -- Esports
Technologies (NASDAQ: EBET), a leading global provider of advanced
esports wagering products and technology, today announced the
launch of its international consumer platform, Gogawi, in
Brazil. Gogawi.com, which recently
also launched in Japan and
Thailand, is an immersive betting
destination offering wagering on the top esports tournaments and
matches with market leading odds.
It's believed Gogawi will bring a powerful and dynamic platform for
esports betting to Brazil
It's believed Gogawi will bring a powerful and dynamic platform
built for esports betting to the Brazilian market, which is
expected to become one of the country's most popular sports
categories over the next few years. Tournaments and competitions
featuring the top teams and players will be able to vie for large
cash prizes in games such as League of Legends, CO:GO, Dota 2, FIFA
21, and Call of Duty. On Gogawi.com, fans and bettors in
Brazil can now watch matches, see
odds, and place bets in real time.
Brazil -- Latin America's largest country by population
-- represents Gogawi's first introduction to the Latin American
market, selected for its rapidly growing esports fan base and
interest in igaming. According to PwC's 19th Global Entertainment
Survey, Brazil is Latin America's leading gaming market, ranked
13th in the world. Throughout the pandemic the nation's esports
sector has skyrocketed and is expected to continue growing rapidly
with total gaming revenue predicted to reach $1.17 billion dollars
by 2023. Additionally, as the country moves towards regulation and
licensing of igaming, the igaming industry in Brazil could reach $101
billion industry by 2024, according to BtoBet.
Aaron Speach, Esports
Technologies CEO, said, "Brazil is
on the precipice of becoming an esports betting giant, and as such
I am delighted to see Gogawi available to Brazilian esports fans
and bettors. Brazilian esports has taken off, with a
record-breaking number of people viewing major tournaments and
competitions, like the Brazilian League of Legends Championship.
With this increase in esports popularity and engagement from fans
we are excited to bring an innovative and dynamic layer of
engagement to esports competitions in Brazil, giving fans a chance to win big."
Esports Technologies relaunched Gogawi in March 2021. One of many key upgrades to the
platform is its partnering with the payment services solutions
Apcopay, Astropay, and CoinDirect, all which aim to provide more
deposit and withdrawal options and aim for faster settlement times.
Learn more about the other updates made to the Gogawi platform
here.
About Esports Technologies
Esports Technologies is
developing groundbreaking and engaging wagering products for
esports fans and bettors around the world. Esports Technologies is
one of the leading global providers of esports product, platform
and marketing solutions. The company operates a licensed online
gambling platform, gogawi.com, that offers real money betting
on esports events and professional sports from around the world in
a secure environment. The company is developing esports predictive
gaming technologies that allow distribution to both customers and
business partners.
CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING
STATEMENTS: This press release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934 and the
Private Securities Litigation Reform Act of
1995. Forward-looking statements in this press release
include, without limitation, the company's ability to successfully
compete in new markets. These statements relate to future events,
future expectations, plans and prospects. Although the company
believes that the expectations reflected in such forward-looking
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outcomes may prove to be materially different from the expectations
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events or outcomes to identify these forward-looking statements.
These statements are only predictions and involve known and unknown
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date. The company undertakes no obligation to update any
forward-looking statements contained in this release to reflect
events or circumstances occurring after its date or to reflect the
occurrence of unanticipated events.
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SOURCE Esports Technologies, Inc.