LAS VEGAS, June 23, 2021 /PRNewswire/ -- Esports
Technologies, Inc. (NASDAQ: EBET), a leading global provider
of advanced esports wagering products and technology, announced
that it has filed a comprehensive provisional patent application
for its technology that enhances the betting experience for sports
and esports live streaming events. The provisional patent filing
covers a proprietary technology that integrates sports and esports
wagering across many of the world's most popular live streaming
platforms, including Twitch, YouTube, Amazon TV & Gaming,
Facebook Gaming, and Hulu among others.
Aaron Speach, CEO, Esports
Technologies, said, "How we watch and bet on sports has changed and
this patent-pending technology is the next step. Our technology
will allow bettors to stay in the zone, accessing everything they
need right there in the browser without ever leaving their
streaming environment. The industry is ripe for this kind of
innovation. This patent filing is the first step for us in our
continued journey to enhance the wagering experience for
everyone."
Live streaming has seen explosive growth – rising from 1.97
trillion hours watched in 2019 to 3.93 trillion in 2020. Live
streamed gaming content was also on the rise, with fans watching
more than 27 billion hours of esports across Twitch, YouTube
Gaming, and Facebook Gaming in 2020. Esports Technologies'
streamlined, highly intuitive interface will integrate seamlessly
with leading streaming platforms and will offer an immersive
wagering experience for fans. Bettors that consume gaming content
online will have the ability to see odds in real-time and make prop
bets in their browser. All of the in-browser technology will be
powered by Esports Technologies' real-time data feed. To learn
more, visit our website at www.esportstechnologies.com.
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, which statements
involve risks and uncertainties. These statements relate to future
events, future expectations, plans and prospects. You can identify
forward-looking statements by those that are not historical in
nature, particularly those that use terminology such as "may,"
"should," "expects," "anticipates," "contemplates," "estimates,"
"believes," "plans," "projected," "predicts," "potential," or
"hopes" or the negative of these or similar terms. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable as of the date made,
actual results or outcomes may prove to be materially different
from the expectations expressed or implied by such forward-looking
statements. Such risks and uncertainties include, but are not
limited to, the acceptance of the Company's patent application and
whether the patent will be issued in the future, and the Company's
ability to integrate its interface seamlessly with leading
streaming platforms. These statements are only predictions and
involve known and unknown risks, uncertainties, and other factors,
including those discussed in the Company's filings with the
Securities and Exchange Commission, including as set forth in the
"Risk Factors" section of the Company's final prospectus, which was
filed with the Securities and Exchange Commission on April 16, 2021, as updated by the Company's
subsequent Quarterly Reports on Form 10-Q. The Company does not
undertake any obligation to release publicly any revisions to
forward-looking statements as a result of subsequent events or
developments, except as required by law.
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SOURCE Esports Technologies, Inc.