TORONTO, Nov. 19, 2019 /PRNewswire/ - Wondr Gaming, an esports acquisition fund founded by esports and media executives Mike Cotton and Jon Dwyer has acquired Rival.ai, an esports artificial intelligence integration company that provides esports data and algorithms for betting lines to gaming platforms, as well as insights and toolsets for esports broadcasters and streamers.
"We're thrilled to have completed our first transaction and are actively in discussions with multiple companies for our next acquisition." Said Co-Managing Director, Michael Cotton. "We look forward to working with Rival.ai to grow its revenues and become a leader in the space."
"Wondr Gaming does not compete with multi-title platforms" Cotton continued, "instead, we are a resource for multi-team businesses and offer products and services that complement and improve their offerings. By developing assets like Rival.ai and fostering the growth businesses we acquire, we have the ability to work with any team or betting entity in esports."
James Mifsud and Bryan Yale will continue to serve as CEO and COO, respectively, of Rival.ai, with the company operating under the Wondr Gaming banner. Mifsud said, "This acquisition gives us the resources to support an industry we truly love. With this, we will become a leading data provider supporting betting platforms and further developing our core services. We are excited to take our technology to the next level." Yale adds, "One of the most exciting and underdeveloped aspects in the world of gaming and esports is gambling. We look forward to being the premier source of data analytics in support of the emerging esports betting landscape."
About Wondr Gaming
Wondr Gaming builds and acquires assets in the esports industry, with a focus on companies that operate on the esports periphery, are title agnostic, and can work with any team or title, allowing the fund to tap into multiple revenue streams. Vertical focuses include artificial intelligence, apparel, software, influence advocacy, tournament platforms, and gambling.
Rival.ai is a data provider focused on the esports sector. By utilizing artificial intelligence to analyze real-time player performance, various types of data feeds are made available for integration with multiple platforms. The technology is flexible to support the present and future data needs of this growing industry, through prediction modelling, proposition bet probabilities and custom infrastructure services.
SOURCE Wondr Gaming