Riot announces betting on LoL esports / PapaSmithy on FlyQuest's success
Summoning Insight
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Esports Betting: A Double-Edged Sword
This chapter explores Riot's partner vetting process for esports betting, critiquing the bureaucratic nature and potential conflicts of interest involved. The discussion highlights Riot's tacit endorsement of betting through data access while examining the cultural attitudes toward gambling in America and its economic implications for the esports industry. Additionally, the speakers address the financial struggles of esports teams, comparing monetization strategies and the challenges posed by emerging competition in the current climate.
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