Loading...

Rivalry Announces FragFest: First CS2 LAN Tournament Counter-Strike Commentator Launders

TL;DR

  • Rivalry announces FragFest, the first-ever CS2 LAN tournament in Toronto on January, 2024, featuring 16 teams competing for $2,500 CAD.
  • The event is part of Rivalry’s collaboration with Counter-Strike commentator Launders, aiming to engage Toronto’s esports community through activations and online content.
  • Rivalry continues its growth in Canada, expanding esports offerings with a betting app launch in Ontario in June 2023, despite reporting a net loss in Q3.

Rivalry, a prominent esports betting company, has unveiled plans for FragFest, the inaugural Counter-Strike 2 (CS2) LAN tournament set to take place in Toronto, Canada. The event, hosted in collaboration with renowned Counter-Strike commentator Mohan ‘Launders’ Govindasamy, is scheduled for January 6th, 2024, at the Red Bull Gaming Studio within the headquarters of Canadian esports holding company OverActive Media.

Fragfest prize pool and teams

FragFest will feature 16 elite teams vying for a piece of the $2,500 CAD prize pool, marking a significant milestone in the Canadian esports landscape. While the participating teams remain undisclosed at this stage, the competition is poised to showcase top-tier talent and elevate the local esports scene.

Expansion of rivalry’s collaboration with launders

The FragFest tournament is an extension of Rivalry’s collaboration with Counter-Strike commentator Launders, which commenced in April 2023. The partnership is designed to foster engagement with Toronto-based esports enthusiasts through various activations and online content. Rivalry’s commitment to expanding its presence in Canada is evident, with the FragFest event positioned as a key element in connecting with the local gaming community.

Throughout 2023, Rivalry has been actively augmenting its esports offerings across Canada. In June, the company successfully launched an esports betting app in Ontario, providing markets for popular titles such as Counter-Strike, League of Legends, and Call of Duty. The strategic move aligns with the company’s vision to cater to the evolving interests of Canadian gamers and solidify its position in the burgeoning esports betting industry.

Bookmakers in the esports Arena

Rivalry’s decision to organize FragFest reflects a broader trend among bookmakers, who are increasingly taking the initiative to organize and host esports events. This approach allows companies to engage directly with their fan base and bettors, creating a symbiotic relationship between the gaming community and the betting industry. Notable examples include the Pinnacle Cup series, GG.BET’s ‘Match of LeGGends,’ the BetBoom Dacha, Thunderpick CS:GO World Championship, and the Roobet Cup.

In November, Rivalry released its financial results for the third quarter of 2023. Despite reporting a net loss, the company experienced notable increases in both its betting handle and total revenue. The financial performance underscores Rivalry’s resilience and continued growth in the dynamic esports betting landscape.

Insights from rivalry’s Canada marketing director

Britt Doll, Rivalry’s Canada Marketing Director, expressed enthusiasm about the FragFest event, emphasizing Launders’ unique personality and alignment with Rivalry’s vision for meaningful activations within the local esports community. Doll stated, “With Counter-Strike 2 coming into focus and its first major event on the horizon, we couldn’t have asked for a better partner and activation to kick off this next era of Counter-Strike esports.”

Rivalry’s announcement of FragFest marks a significant milestone in the Canadian esports scene, bringing the first-ever Counter-Strike 2 LAN tournament to Toronto. The collaboration with Counter-Strike commentator Launders, the expansion of offerings across Canada, and the company’s financial resilience underscore Rivalry’s commitment to the esports community. FragFest not only promises intense gaming competition but also serves as a testament to the growing synergy between the esports and betting industries in engaging and entertaining audiences worldwide.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Share link:

Derrick Clinton

Derrick is a freelance writer with an interest in blockchain and cryptocurrency. He works mostly on crypto projects' problems and solutions, offering a market outlook for investments. He applies his analytical talents to theses.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

Nintendo DS
Cryptopolitan
Subscribe to CryptoPolitan