Esports Technologies, Inc., a global provider of esports wagering products and technology, on Wednesday said it has filed a comprehensive provisional patent application.
According to company officials, 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 (Pictured), CEO, Esports Technologies, said in a statement the technology “enhances the betting experience” for sports and esports live streaming events.
The company noted research that found 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 also has been on the rise, with fans watching more than 27 billion hours of esports across Twitch, YouTube Gaming, and Facebook Gaming in 2020.
Speech said Esports Technologies' interface will integrate with leading streaming platforms and will offer an immersive wagering experience for fans. He said bettors who 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, he added.
“How we watch and bet on sports has changed and this patent-pending technology is the next step,” Speach said. “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.”
Esports Technologies operates a licensed online gambling platform, gogawi.com, that offers real money betting on esports events and professional sports from around the world. The company is developing esports predictive gaming technologies that allow distribution to both customers and business partners.