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Tiidal Gaming's Sportsflare Division to Sign Live In-Game Data License with Bayes Esports

July 6, 2022 7:02 AM EDT

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Toronto, Ontario--(Newsfile Corp. - July 6, 2022) - Tiidal Gaming Group Corp. (CSE: TIDL) (OTCQB: TIIDF) ("Tiidal Gaming" or the "Company"), a leading esports and gaming platform company, is pleased to announce that Sportsflare, a wholly-owned division of Tiidal Gaming has entered into a licensing agreement with Bayes Esports Solutions GmbH ("Bayes Esports"), a leading data provider in the global esports industry, based in Germany.

Through exclusive esports data rights, Bayes Esports offers accurate and real-time live data for well-recognized esports titles such as League of Legends, CS:GO and Dota 2 and has developed BEDEX, the central hub for esports data, collecting and distributing official data from live esports events to bookmakers, broadcasting teams, esports organizations and media. These data protect against errors, improve risk management and increase product granularity. As a result, this agreement enables the creation of the next generation of in-play esports wagering products including 'Flash Markets'.

As a new client, Sportsflare will use live data from Bayes Esports for the development of the Company's industry leading suite of esports odds products, including Betbuilder, pre-match/in-play odds, and player proposition markets. In addition, Sportsflare's products will be distributed to Bayes Esports' client network, consisting of Tier-1 sportsbooks. The Company will be paid a monthly fixed fee for Sportsflare's products and receive a revenue share of all betting activity from the end client.

"We are pleased to sign a licensing agreement with Bayes Esports," said Max Polaczuk, Chief Technology Officer of Tiidal Gaming. "Odds providers often rely on unofficial and unreliable data scraping and we aim to fill that void through this agreement. Given the robustness of Bayes Esports' data, we will be able to provide sportsbooks with an enhanced end-to-end offering that is integrated with high quality data, which enables us to offer a more competitive product. We look forward to working with Bayes Esports and integrating their esports data with our odds offerings."

"We are very happy to welcome the aspiring team at Sportsflare to the trusted circle of select Bayes Esports data partners," said Amir Mirzaee, COO and Managing Director at Bayes Esports Solutions. "We've observed them grow for a while and are looking forward to having this dynamic team push both innovation and integrity for esports betting service globally. It is companies like these that push the envelope of bringing new and fun ways to engage with a target group that is younger and more dynamic than in all of traditional sports. We're happy to equip them with industry leading esports live data and tools to realize their vision."

About Bayes Esports

Bayes Esports is the world's leading platform for esports data. Within just two years, our team of 60 professionals have built an unmatched, diverse ecosystem of 150+ data consumers. We cover all relevant use cases from media, to service providers, analytic companies to betting operators and community partners. With BEDEX, our global, best-in-class data platform, we provide the fastest, most reliable and accurate esports data on the market, powering top tier clients from Google to Bet365 with more than 10,000 live matches per year.

Dr. Susanne Ardisson
Head of Strategic Communication, Bayes Esports
e: [email protected]

About Tiidal Gaming

Tiidal Gaming is a leading media and technology platform enabling next generation engagement in esports and gaming. We are positioned at the intersection of gaming, media, and betting and enable our partners to create positive, engaging, and immersive fan and consumer experiences through our industry-leading media and technology offerings. With deep industry roots and expertise, Tiidal is focused on the next generation of fan and consumer and building the future of game-based entertainment. For more information, please visit www.tiidal.gg.

Tom Hearne
Chief Executive Officer, Tiidal Gaming
e: [email protected]
t: 416-560-0528

Investor Relations
e: [email protected]
t: 905-510-7636

Forward-Looking Information

This news release contains certain forward-looking statements that reflect the current views and/or expectations of management of the Company with respect to performance, business and future events. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. The Company does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

Neither the CSE nor its Market Regulator (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130045



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