Esports Technologies Files Patent for Live Streaming Wagering Technology
June 23 2021 - 8:45AM
InvestorsHub NewsWire
Esports Technologies Files Patent for Live
Streaming Wagering Technology
Patent-Pending
Technology Allows Sports and Esports Fans to Wager in Real-Time
Across Live Streaming Platforms
LAS VEGAS, NV
-- June 23, 2021 -- InvestorsHub NewsWire – 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.
Media Contact:
Lexi Panepinto, CTP for Esports Technologies
Lpanepinto@ctpboston.com
Investor Relations Contact:
Trish DaCosta, KCD PR for Esports Technologies
EST@kcdpr.com
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