React Gaming $RGG Heads Into 2023 With 3 Headed Esports & iGaming Ecosystem Including Betting Platform, Tournament Platform & Esports Team
AGORACOM Small Cap CEO Interviews - A podcast by AGORACOM
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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 placement1st 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 listen this powerful interview.