Adds several PhDs to the world-class Quant team
LAS VEGAS, July 7, 2021 / PRNewswire / – Esports technologies Inc. (NASDAQ: EBET), one of the world’s leading providers of advanced sports betting products and technologies, has established a dedicated Quantitative Analysis (“quant”) team to further develop the intellectual property of the company, focusing on new predictive and predictive gaming models. consolidated data flows. This initiative is designed to allow Esports Technologies to work on the development of its cutting-edge betting platform and products while partnering with B2B customers to generate revenue through the use of its technology.
Jason finch, who previously served as the company’s chief research and technology officer, has been elevated to chief technology officer and will lead the new team. A veteran of analytics, trading and modeling, he previously led quants to develop real-time models for pricing sports, politics and other innovative event products.
Under Finch’s leadership, Esports Technologies’ quantification team now includes:
Brad cole, an applied mathematician who has developed highly detailed pricing models for esports betting and competitor talent assessment, as well as validation of esports battle royale modeling via stochastic graph theory, simulation methods and methods of Big Data on the results of competitors.
Dr. Stephane roberts, a mathematician who has extensive expertise in analysis and statistics and recognition of complex models. Dr Roberts has published academic papers on topics related to scheduling and polynomials.
Dr Da Xu, a senior machine learning engineer who joins Esports Technologies. Dr Xu developed forecasting models using optimization and deep learning algorithms. He has also conducted quantitative research on alpha risks for hedge fund clients using machine learning models.
Dr. Jonathan pearce, a doctorate in computational physics. join Esports Technologies. Dr. Pearce specializes in numerical methods, data mining and the calculus of probability. Much of Dr. Pearce’s work has involved analyzing trends using various methods of data collection and visualization.
Bart barden, COO of Esports Technologies, said: âMr. Finch has done an excellent job leading our research and technology departments, and he is well prepared to lead our world-class quantitative, platform and data team. We believe the latest additions from Dr Roberts, Dr Xu and Dr Pearce will accelerate our ability to deliver cutting-edge solutions that enhance the esports betting experience for our product offerings and those of our partners. Quantitative analysis is a strategic decision that will have far-reaching effects on our growth and our aggressive acquisition strategy. “
About esports technologies
Esports Technologies develops revolutionary and engaging betting products for esports fans and bettors around the world. Esports Technologies is one of the world’s leading providers of esports products, platforms and marketing solutions. The company operates a licensed online gaming platform, gogawi.com, which offers real money betting on esports and professional sports events around the world in a secure environment. The company develops esports predictive gaming technologies that enable distribution to customers and business partners.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements involve risks and uncertainties. These statements relate to future events, future expectations, plans and prospects. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terms such as “may”, “should”, “expects”, “anticipates”, “considers”, “believes”. “,” Estimate, “” plans “,” projected “,” predicted “,” potential “or” hope “or the negative of these terms or the like. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable at the date of their writing, actual results may turn out to be materially different from the expectations expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the Company’s ability to develop new predictive esports gaming models and predictive consolidated data feeds and to deliver industry-leading solutions that enhance the esports betting experience for its esports. product offers and those of its partners. These statements are predictions only and involve known and unknown risks, uncertainties and other factors, including those discussed in documents filed by the Company with the Securities and Exchange Commission, including as noted in the section ” Risk Factors âof the Company’s final prospectus, which was filed with the Securities and Exchange Commission on April 16, 2021, as updated by subsequent Company Quarterly Reports on Form 10-Q. The Company does not undertake to publicly disclose any revision of forward-looking statements as a result of subsequent events or developments, except as required by law.
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SOURCE Esports Technologies Inc.