Aussie e-sports platform to launch in Latin America

Listed esports platform provider Esports Mogul (ASX: ESH) is set to launch in the Latin American market following its new partnership with one of the region's largest publishers.

Esports Mogul has entered into an agreement with Axeso5, one of Latin America's largest online video games publishers.

Planned for the second quarter of 2018, Axeso5 will be the exclusive Latin American partner for the company's gaming tournament platform Mogul Arena.

Mogul Arena will be rolled out into Axeso5's network of over 7000 cybercafés throughout Mexico, Brazil, Argentina, and Colombia.

The Latin American group has a registered user base of more than 14 million active gamer accounts.

In 2017, the gaming market in South America was valued at $4.4 billion and accounted for 4.1 per cent of the global gaming market. Eports Mogul says its a sector brimming with potential, growing 13.9 per cent from 2016 to 2017 alone.

The Axeso5 exclusive games available on Mogul Arena will be co-branded, and Axeso5 will continue to provide its localised payments system to its users, which will be integrated into the Mogul Arena platform.

Managing director of Esports Mogul, Gernot Abl, says the deal is particularly important considering Axeso5 is the leading video game brand in Latin America.

"As the recognised leading video gaming brand in Latin America, Axeso5 is our ideal partner in the region, and we look forward to utilising their extensive regional expertise and experience, coupled with the market-leading functionality of the Mogul Arena platform to become a key player in the Latin American esports market," says Abl. Read more

David Simmons - Business News Australia - 4 Apr 2018

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