{"id":14639,"date":"2020-10-11T22:03:28","date_gmt":"2020-10-12T02:03:28","guid":{"rendered":"https:\/\/esportbet.com\/?p=14639"},"modified":"2020-10-11T22:03:28","modified_gmt":"2020-10-12T02:03:28","slug":"latest-esports-gaming-news-monday-october-12","status":"publish","type":"post","link":"https:\/\/esportbet.com\/latest-esports-gaming-news-monday-october-12\/","title":{"rendered":"Latest esports & gaming news – Monday, October 12"},"content":{"rendered":"
The 2020 League of Legends<\/a> World Championship marches onwards. The playoff matchups are all settled, and there are no North American teams in the final eight.<\/p>\n The closing matches of Group C saw the US-based Team SoloMid finish dead last with a 0-6 record. This comes after the surprising elimination of Team Liquid, who came in third in Group A.<\/p>\n Heading into the final day of Group D matches, American hopes rested squarely on the shoulders of FlyQuest. Although they won two of their last three games to finish with a 3-3 record, it wasn’t enough to book a spot in the knockout rounds.<\/p>\n After the final few matches of the League of Legends World Championship\u2019s Group C, results are in. Despite the overall dominance of Asian teams in the event, Group C was dominated by Europe\u2019s Fnatic with a 4-1 record.<\/p>\n South Korean team Gen.G finished second, also with a 4-1 record, moving on to the knockout stage. However, it\u2019s not all roses for Asian teams in Group C. Chinese bookmaker favorite LGD Gaming missed the mark with a 3-3 score.<\/p>\n Group D saw Chinese and South Korean teams taking the top two spots. Top Esports finished in first place with a 5-1 record, while DRX took second spot at 4-2.<\/p>\n The SBC Digital Summit Africa saw a gathering of sports betting industry leaders and experts sharing their recent experiences. The pandemic posed unique challenges to the African sports betting industry. However, an unusual vertical came to the rescue: virtual sports.<\/p>\n As Dolan Beuthin (BetMonsta co-founder and CEO) pointed out, Africa has a fairly unique situation with virtual sports. The contribution of virtual sports betting to overall gambling action is extraordinarily outsized compared to global benchmarks.<\/p>\n In most countries around the world, virtuals generate about 10% to 15% of yearly revenue. Conversely, some African nations see virtual sports generating more than 60% of annual bookmaker revenues.<\/p>\n This allowed sportsbooks to weather the storm in much better shape than in other countries. As much as 95% of betting traffic in Africa is generated by virtual football.<\/p>\n Guild Esports, a professional gaming brand co-owned by David Beckham, is now a public company listed on the London Stock Exchange (LSE). The team launched this past June amid the global pandemic. Guild’s initial listing involved a successful $25 million fundraising drive inspired largely by Beckham\u2019s backing.<\/p>\nAsia esports news<\/h2>\n
Asian Teams Achieve Mixed Results In LoL Worlds 2020<\/h3>\n
Africa esports news<\/h2>\n
Virtual Sports Carrying African Betting Industry Through Pandemic<\/h3>\n
Europe esports news<\/h2>\n
David Beckham\u2019s Guild Esports Enter London Stock Market<\/h3>\n