An esports data firm headquartered in Berlin, Bayes Esports, has attracted a substantial investment of €6 million (approximately $6.2 million) spearheaded by Las Vegas Sands Corp., with contributions from Bitkraft Ventures and other investors.
Established in 2018, Bayes Esports furnishes the betting, media, and esports sectors with professional esports data. The company, employing over 50 individuals, takes pride in an impressive roster of over 150 clients, encompassing industry leaders such as Google and bet365.
This recent round of funding will propel Bayes Esports’ foray into the profitable US market and facilitate the acquisition of betting licenses throughout Europe and America. CEO Martin Dachselt underscored the company’s dedication to fostering professionalism within the esports sector, remarking, “Our aim is to collaborate with strategic investors to establish an open ecosystem. Robust shareholders and enduring growth constitute the foundations for this endeavor.”
Bayes Esports exceeded €10 million in earnings in 2021 and is projected to double that amount this year, indicating a promising trajectory for the flourishing enterprise.
At the beginning of the year, Bayes Esports Solutions and ESL Gaming enhanced their collaboration, incorporating additional titles and investigating novel opportunities in data and promotion.
Concurrently, Las Vegas Sands Corp. experienced a downturn in fortune. Their first-quarter earnings statement, released in late April, disclosed a net deficit of $478 million. A significant setback.