Last week, Esports Entertainment Group Inc. announced it signed two marketing agreements that will help the company expand its VIE.bet esports betting brand into the Latin American esports market. The two agreements the company made are with the Movistar Liga Pro Gaming league and Infamous Gaming.
Infamous Gaming is Peru’s largest esports organization. The Movistar Liga Pro Gaming league is a fast-growing esports league that participates in Fortnite, CS:GO, Dota 2, and Starcraft. According to Proactive Investors, the Latin American esports market is the third-largest in the world and is growing at a rate of 17% annually.
Esports Entertainment Group CEO Grant Johnson is thrilled about the expansion. “Our Malta license enabled us to pursue these great opportunities, and we look forward to providing further updates on expansions of VIE.bet moving forward,” he said. “Latin America is a big esports betting market. We are excited to work with top partners like Infamous and Live Media Esports Entertainment to accelerate the rollout of our VIE.bet brand in the region.”
(All information was provided by Proactive Investors)