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Blue Star investee to help launch e-sports cricket league in Caribbean

Wed, 09th Aug 2023 11:51

(Alliance News) - Blue Star Capital PLC on Wednesday said its investee company Googly Media Holdings PTE Ltd signed an agreement with the Caribbean Premier League to launch the cricket E-sports Caribbean Premier League.

E-sports, gaming and blockchain companies investor Blue Star, which has a 0.6% interest in Googly, said the ECPL will feature a USD25,000 prize pool, spanning seven weeks and three stages. Googly is also the business partner of Blue Star's portfolio company Dynasty Gaming & Media.

Blue Star said each CPL team - the Barbados Royals, Guyana Amazon Warriors, Jamaica Tallawahs, St Kitts & Nevis Patriots, Saint Lucia Kings, and Trinbago Knight Riders - will hold open qualifiers on Googly's e-sports platform to "discover their mobile esports representative".

One of the supporting partners of the inaugural ECPL on Googly include Nextwave Multimedia, publishers of the ECPL's official video game, Blue Star said. It added that World Cricket Championship 3 has 80 million downloads worldwide.

"The CPL ranks among the world's foremost sporting leagues, drawing over 720 million annual viewers for its T20 cricket competition. In this year's tournament commencing on August 16, CPL enthusiasts have the opportunity to engage in the ECPL on Googly, a cutting-edge esports and gaming platform from India, enabling them to represent their preferred teams," Blue Star said.

Blue Star Executive Chair Tony Fabrizi added: "The Indian gaming market continues to enjoy strong growth and Googly's agreement with the Caribbean Premier League is a tremendous launch pad for Googly. We look forward to further announcements on this initiative and many others planned by Googly later this year."

Shares in Blue Star were up 0.2% to 0.12 pence each in London on Wednesday before midday.

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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