Esports Technologies, Inc.(NASDAQ: EBET), a leading global provider of advanced esports wagering products and technology, today announced it has joined the Esports Integrity Commission (ESIC) in its mission to end match-fixing and corrupt betting activity in esports.
Founded in 2016, ESIC is a not-for-profit association that aims to unite the esports industry under shared values and visions to fight against corruption in any form. Its members protect the integrity of esports competitions, and include tournament operators, national federations, and leaders from the esports betting and media landscape such as Betway, Entain, and GGBet.
ESIC recently issued sanctions against 35 players for betting-related infractions concerning official matches on the Counter-Strike matchmaking platform ESEA. These sanctions meant that players were banned from ESIC member competitions. With ESIC’s membership covering a large portion of key esports stakeholders such as ESL, DreamHack, WePlay, BLAST, LVP, Nodwin, Eden, Relog, UCC, Allied, Kronoverse, Estars and 247 Leagues, ESIC’s regulatory reach is substantial.
Bart Barden, COO of Esports Technologies, said, “We are committed to working closely with ESIC to safeguard the integrity of esports and esports betting. As esports continues to rise in popularity, our coalition will work to build fan and bettor trust in esports tournaments. When the public has trust and confidence in the esports industry, every stakeholder wins.”
Ian Smith, ESIC Commissioner, commented, “We are delighted to welcome Esports Technologies as an anti-corruption supporter of ESIC. Our anti-corruption supporters play an important role in our mission to deter cheating and fraudulent activity within esports betting. By joining ESIC, Esports Technologies has displayed its commitment to maintaining the integrity of esports.”