A new eSports deal between Swedish business-to-business daily fantasy sports (DFS) and pool betting technologies innovator Scout Gaming Group AB has the eSports sector abuzz with the deal and the ramifications for the industry.
The deal brings together Scout Gaming and self-styled “gaming peripherals pioneer” Razer Incorporated.
In a Tuesday press release, Scout indicated that the new agreement will enable Scout to develop and host a mobile-friendly app enabling customers to participate in fantasy eSports tournaments using certain specific innovations provided by the Hong Kong-listed Razer Incorporated.
Scout referred to Razer as “the world’s leading lifestyle brand for gamers,” citing Razer's extensive portfolio of hardware, services and software on its platform that is already enjoyed by some 125 million global users.
Scout will offer a “unique fantasy platform for eSports” available to all of Razer-supported communities and channels, and roll out an as yet undisclosed brand “based on our proprietary technology stack” which Scout says should have a “significant impact” on long-term financial results.
The tools the dual-headquartered Razer Incorporated offers out of California and Singapore include the Razer Synapse platform, the Razer Chroma RGB lighting technology system and the Razer Cortex game optimizer and launcher; additional peripheral benefits including enhanced payment option Razer Gold advance are complemented by a host of fintech services for emerging markets.
Scout's Organisational Development
Not a week ago Scout launched a fantasy player odds markets advance in Greece, paving the way for players at iGaming domains Stoiximan.com and Betano.com, and Kaizen Gaming to place over/under and outright wagers with Scout's proprietary sportsbetting platform and betting slip.
Business figures from iGamingBusiness.com indicate Scout Gaming Group AB Q1 revenues soared 54% year-on-year to approximately $1.6 million: growth has been attributed to increased prize pools and multiple new outreach campaigns which bagged a new range of clients including Norwegian operator Norsk Tipping AS and Sweden’s own newly-privatized AB Trav och Galopp (ATG).
With Scout Gaming Group growth reportedly being driven further by spikes in current client activity, Scout is growing fast. The new deal with Razer will indicate how peripherals can help adaptation of eSports to iGaming as a beacon for international contracts.