Esports Technologies has today announced the signing of a strategic license agreement with Aspire Global. The partnership will see the betting platform utilize Esports Technologies’ proprietary odds modelling, market creation and trading feed for its esports offering.
Per the agreement, Esports Technologies will also gain access to Aspire’s range of offerings and managed services.
Bart Barden, COO, Esports Technologies, said: "We are at an exciting rapid growth phase, expanding our business across multiple markets and service offerings.”
“When executing on our plan to expand our presence in key markets, Esports Technologies searched for a solution that would allow us to further differentiate ourselves in our goal of becoming a leader in esports wagering and technology. In Aspire Global, we have found a long-term partner that meets our high demands."
Aspire Global is a B2B-provider of iGaming solutions, the company works in a number of verticals including casino games, sports betting and game aggregation. This deal see’s the group expand its esports offering.
Tsachi Maimon, Aspire Global's CEO, added: "We are happy to welcome Esports Technologies as an esports partner. We look forward to providing the esports proprietary solutions for iGaming operators. We are also thrilled to integrate Esports Technologies groundbreaking and engaging wagering products on our platform."
Recently, Esports Technologies filed a patent for an AI powered real-time odds modelling system. The company hopes this platform will be able to simulate esports tournaments and develop more accurate odds for players to bet on.
"I'm extremely proud of our quant and modelling team, which continues to develop potential industry-leading data solutions,” Barden said of the announcement.
“Harnessing cutting-edge modelling and artificial intelligence to create the technology for this planned next-generation wagering tool demonstrates our commitment to innovation and our focus on the needs of esports enthusiasts and bettors everywhere. We continue to advance and innovate the esports wagering experience for customers."
