Two-Week, €50,000 Competition Will Be
Offered to Sports Bettors on the VIE.gg Platform for the First Time
Starting August 31
Allied Esports, a global esports entertainment company and a
subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE),
and Esports Entertainment Group, Inc. (NASDAQ: GMBL, GMBLW), a
licensed online gambling company with a focus on esports wagering
and 18+ gaming, today announced participating teams and final
details for the inaugural VIE.gg CS:GO (Counter-Strike: Global
Offensive) Legend Series tournament, set to begin on Monday, August
31, 2020. The partners previously announced a licensing and
sponsorship agreement for the tournament that will bring Legend
Series wagering opportunities to consumers on the new VIE.gg
platform for the first time.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200828005052/en/
(Graphic: Business Wire)
The VIE.gg CS:GO Legend Series will feature 16 teams from
multiple European countries, the Commonwealth of Independent States
(CIS) region and South America competing online for €50,000
($59,000) in total prize money. The lineup features the top-ranked
CS:GO teams from five countries, including Belarus, Bulgaria,
Norway, Romania and Ukraine, and seven teams ranked in the top 50
globally. Participating teams are listed below, and two additional
teams will be announced next week.
Team
Name
Country
World
Rank
Country
Rank
MIBR (@mibr)
Brazil
18
2
Nemiga (@nemigagg)
Belarus
30
1
Heretics (@TeamHeretics)
France
41
4
FATE (@FATEesports)
Bulgaria
43
1
Cr4zy (@gocr4zy)
Ukraine
44
1
HellRaisers (@HELLRAISERSgg)
CIS
49
11*
Apeks (@apeksgg)
Norway
50
1
Team Secret (@teamsecret)
Europe
56
NA
Winstrike (@Winstrike_Team)
Kazakhstan
60
2
Nexus Club (@NexusGamingRo)
Romania
61
1
Honoris (@honorisgg)
Poland
81
7
Singularity (@SNG_Esports)
Denmark
87
8
BIG Academy (@bigesports_gg)
Germany
94
4
Team Queso (@TeamQuesoGG)
Spain
211
3
*HellRaisers is ranked 11th in the CIS region.
Allied Esports’ VIE.gg CS:GO Legend Series format will include a
group stage featuring four groups of four teams competing in
best-of-three play, with the top two teams from each group
advancing to the playoffs. The four first round playoff matchups
will be best-of-three, while the semifinals and finals will be
best-of-five.
Teams will earn prize pool money throughout the tournament,
including €500 for each match win and €1500 to the top finisher in
each group. The VIE.gg CS:GO Legend Series champion will take home
€15,000, with €7,000 to the runner-up, €3,000 each to the third and
fourth place finishers, and €1,500 to each of the remaining playoff
participants.
The tournament will be produced by Allied Esports from its
HyperX Esports Studio in Hamburg, Germany and streamed live on
Twitch.tv/AlliedEsports from 8 a.m. to 3 p.m. PDT (5 p.m. - 12 a.m.
CEST) each day. For a schedule of matchups, visit
AlliedEsports.gg/LegendSeries.
Leading each broadcast during the two-week competition will be
casters Robert Jan Kortooms (@RJcasts) and Thiadrik Oldersma
(@Toldersma), alongside analyst and former professional CS:GO
player Mathieu Quiquerez (@Maniac_CSGO). Each broadcast during the
tournament will feature a wagering component, including dynamic
live odds that will be on display for the entirety of each match,
while additional prop bets will be discussed and integrated into
each show. For a full list of available real-time bets, fans can go
to VIE.gg throughout the tournament.
“We have worked together with Esports Entertainment Group to
integrate customized features and unique content presentations into
a broadcast of our popular Legend Series that highlights their
product and delivers an exciting new experience to viewers around
the world,” said Frank Ng, CEO of Allied Esports Entertainment.
“Our ability to provide partners with established tournament brands
and high-quality productions that help them achieve their business
objectives will continue to strengthen our position as a leader in
the burgeoning esports betting industry and beyond.”
Created in 2017, Allied Esports’ original Legend Series
tournament brand was designed to expand the competitive ecosystem
and total prize pool for teams ranked outside of the first tier.
The VIE.gg CS:GO Legend Series will be Allied Esports’ sixth
edition of the CS:GO Legend Series and the first to feature a
licensing partner and title sponsor. Additional versions of the
series have previously included Overwatch, League of Legends, FIFA,
COD Blackout and VALORANT.
“We’re thrilled to sponsor the inaugural VIE.gg CS:GO Legend
Series, which features an incredible roster of teams and has the
potential to reach their more than four million combined followers
globally,’’ commented Magnus Leppaniemi, VP of Marketing and Head
of Esports at Esports Entertainment Group. “This is a great
opportunity for us to support the CS:GO ecosystem and provide an
avenue for underserved teams to compete for larger prize
pools.”
Esports Entertainment Group offers bet exchange-style wagering
on esports events in a licensed, regulated and secure platform to
the global esports audience at VIE.gg. The VIE.gg platform provides
customers the ability to match bets against one another, with
Esports Entertainment Group taking a small commission on the
winnings.
About Allied Esports
Named one of the World’s Most Innovative Companies by Fast
Company, Allied Esports International, Inc. is at the forefront of
esports entertainment with a global network of properties designed
to serve as competition battlegrounds, community experience hubs
and content production centers.
Through direct operation or membership in the Allied Esports
Property Network, the world’s first esports affiliate program,
Allied Esports’ facilities span North America, Europe, China and
Australia, and include the world-renowned HyperX Esports Arena Las
Vegas, a fleet of mobile arenas, the HyperX Esports Trucks, and the
HyperX Esports Studio in Hamburg, Germany.
Allied Esports’ properties serve as the home to a number of
online and offline proprietary productions and events, including
Friday Frags and Saturday Night Speedway, as well as original
partner programs like the Simon Cup and VALORANT Ignition Series:
Allied Esports Odyssey.
For more information about Allied Esports, visit
AlliedEsports.gg and follow @AlliedEsports. Allied Esports
International, Inc. is a subsidiary of Allied Esports
Entertainment, Inc.
About Allied Esports
Entertainment
Allied Esports Entertainment, Inc. (NASDAQ: AESE) is a global
leader in esports entertainment, providing innovative
infrastructure, transformative live experiences, multiplatform
content and interactive services to audiences worldwide through its
strategic fusion of two powerful brands: Allied Esports and the
World Poker Tour (WPT). For more information, visit
AlliedEsportsEnt.com.
About Esports Entertainment
Group
Esports Entertainment Group, Inc. is a licensed online gambling
company with a specific focus on esports wagering and 18+ gaming.
The Company holds a license to conduct online gambling and 18+
gaming on a global basis in Malta and Curacao, Kingdom of the
Netherlands and is able to accept wagers from over 149
jurisdictions including Canada, Japan, Germany and South Africa.
Esports Entertainment offers fantasy, pools, fixed odds and
exchange style wagering on esports events in a licensed, regulated
and secure platform to the global esports audience at vie.gg. In
addition, Esports Entertainment intends to offer users from around
the world the ability to participate in multi-player mobile and PC
video game tournaments for cash prizes. Esports Entertainment is
led by a team of industry professionals and technical experts from
the online gambling and the video game industries, and esports. The
Company maintains offices in Malta. For more information visit
www.esportsentertainmentgroup.com.
Forward Looking
Statements
This press release includes “forward looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements are
not guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
the control of us, that could cause actual results or outcomes to
differ materially from those discussed in the forward-looking
statements. Important factors, among others, that may affect actual
results or outcomes include: our ability to execute on our business
plan; our ability to retain key personnel; general economic and
market conditions impacting demand for our products and services;
adequacy of our funds for future operations; our future expenses,
revenue and profitability; our ability to develop new products; our
dependence on key suppliers, manufacturers and strategic partners;
and industry trends and the competitive environment in which we
operate. These and other risk factors are discussed in our reports
filed with the Securities and Exchange Commission. We do not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200828005052/en/
Media Contacts: Brian Fisher Allied Esports
brian@alliedesports.com
Investor Contact: Lasse Glassen Addo Investor Relations
lglassen@addoir.com 424-238-6249
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