Wamba Technologies, 15150 Hayden Road, suite 200, announced plans to develop a proprietary Esports wagering platform, “Gamers Oasis," which allows video gamers to enter a tournament on their …
You must be a member to read this story.
Join our family of readers for as little as $5 per month and support local, unbiased journalism.
Current print subscribers can create a free account by clicking here
Otherwise, follow the link below to join.
To Our Valued Readers –
Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.
For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.
Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.
Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.
Need to set up your free e-Newspaper all-access account? click here.
Non-subscribers
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
BUSINESS
Scottsdale tech business announces Gamers Oasis
Submitted photo/Hopscotch USA on behalf of Wamba Technologies
Gary Denham, CEO and founder of Wamba Technologies
Posted
Wamba Technologies, 15150 Hayden Road, suite 200, announced plans to develop a proprietary Esports wagering platform, “Gamers Oasis," which allows video gamers to enter a tournament on their mobile devices for a fee and compete against other players in real-time to win real money.
The acceptance and settlement of wagers on mobile video games is at the heart of Wamba Technologies’ product, and they exclusively hold the patent. In the United States, Wamba Technologies owns the technology for any wagering system that is connected to a skill-based and physics-based game where the wagering system and game are communicating with each other in real-time.
Applying to “physics-based and skill-based games,” this includes sports games, racing games, first-person shooters, fighting games and more. The key feature of these games is that there is no chance involved. Therefore, in the absence of chance, these are not classified as gambling games, but rather, skill-based sporting events.
“If a video game player wants to compete against other players to win money, whether it be heads-up (one-on-one) or in a multi-person tournament, they usually have to travel to an arena or a venue to compete,” said Gary Denham, CEO and founder of Wamba Technologies. “This means that many people can’t participate due to travel costs or lack of accessibility. Gamers Oasis will allow everyone to compete for real money, directly from their phones, without needing to travel. We proudly own the patent on the only technology that can make that happen. Summed up, with our patent, we own online ESports”
Online real money competition (Online ESports) is still in its infancy, but Wamba Technologies is engaging with gamers, game designers, coders, programmers, Esports influencers and financial consultants to aid in the development of Gamers Oasis.