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Message: VIDEO - React Gaming $RGG Heads Into 2023 With 3 Headed Esports & iGaming Ecosystem Including Betting Platform, Tournament Platform & Esports Team

VIDEO - React Gaming $RGG Heads Into 2023 With 3 Headed Esports & iGaming Ecosystem Including Betting Platform, Tournament Platform & Esports Team

posted on Oct 26, 2022 04:55PM

React Gaming (RGG) (ITMZF) is an emerging esports and iGaming company  that is creating the world’s foremost esports and iGaming ecosystem by combining:

  • LOOT.BET - A World Leading Esports Betting Platform
  • PARABELLUM ESPORTS - Professional NAL Rainbow6 esports team
  • COMPETE - Enhanced peer-peer esports tournament platform 

Their timing couldn’t be better because the global online gambling market could potentially hit $1 TRILLION by the end of this decade.  The obvious reasons include the following:

  • Exponential growth in the number of people online.  Only 59% of the world being connected means more to come.  
  • Fast growth in the number of countries and jurisdictions legalizing gambling to collect tax revenue.

Esports already fastest growing sub-sector of digital entertainment, & Covid 19 accelerated it

  • By 2023, there are expected to be 646M global viewers of esports worldwide, a large increase from the 245M in 2019
  • Global esports revenues increased to $1.41 billion in 2020, and are expected to grow at a compound annual growth rate (CAGR) of 24.4% from 2020 to 2025

Highlights Include: 

  • Q2 revenue increased to $845,543 from $39,902 in Q2 2021 = a 2067% increase
  • $5,000,000 private placement 
    • 1st tranche closed for 6,350,000 Units for gross proceeds of $635,000

Assets Overview:

 

LOOT.BET - World Leading Esports Betting Platform

  • Q2 represents first fully-integrated quarter of operations since the acquisition of LOOT.BET on February 18, 2022
  • Launched Isle of Man-licensed online esports betting platform
  • Obtained GLI-19 certification
  • Signed partnership agreement with Oddin.gg
  • Signed white label agreement with HHRP for the Philippines

PARABELLUM ESPORTS - Professional NAL Rainbow6 esports team

  • Revenue through sponsorships, prize money and merchandise
  • Currently 450,000 followers
  • Parabellum Esports secures first paid sponsorship with Shakepay

COMPETE - Enhanced peer-peer esports tournament platform 

  • free-to-enter tournaments that offer cash prizes. … featuring fortnite
  • Recently rebranded and refocused growth strategy
  • Currently 20,000+ registered users .. and counting
  • Partnership with Parabellum Esports
  • Compete.gg granted access to Riot Games API

Now, sit back, relax and watch this powerful interview. 

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