---

ITW Invest-Backed LeagueX Bags Two Gold At GAMEXX

LeagueX established itself firmly as one of the leading sports fantasy games in the country by winning Gold in not one but two categories of the GAMEXX 2022 Awards at a glittering ceremony on 21st September. Now in its second year, the GAMEXX awards celebrate the growth and achievements of the online gaming industry.

LeagueX, a metaverse-ready fantasy gaming platform, and engine lets its players play fantasy games not just in cricket, but football as well, and has dispersed more than ₹5 crores in winnings to over a million winners so far.

The Bangalore-based company is backed by ITW Invest, an investment advisory and consulting outfit focused on the fields of Fantasy Gaming, Real Money Gaming (RMG), and other Web 3.0 and Blockchain-powered startups, and a part of the ITW Universe. LeagueX won the top prize in the Best Strategy game as well as Best Indoor game categories. Started by enthusiastic techies with a passion for sports fantasy gaming the team behind LeagueX had also designed and built the largest global cricket fantasy league iplt20.com for the Indian Premier League.

LeagueX CEO comments on the win

Arjun Shetty, Co-founder & Chief Executive Officer of LeagueX said, “Awards like GAMEXX are a testament to the ever-growing popularity of Online Gaming and it is indeed a great honor to be nominated among other pioneers of Fantasy gaming in India. We strive to redefine the fantasy gaming experience by merging it into the metaverse and recognition like this keeps us on top of our game and motivates us to raise the bar ever higher! A big Thankyou also to our partners at ITW Invest who recognized our potential early on and have backed us with their inputs and expertise. We look forward to coming back next year!”

ALSO READ: Legends League Cricket Hits Record-Breaking Viewership

The gaming market in India is 303 million strong and growing. India has the largest fantasy sports market, with a user base of 130 million. The country’s percentage of new paying users (NPUs) in gaming has been the fastest growing in the world for two consecutive years, at 40% (2020) reaching 50% in 2021 and showing no sign of slowing down, industry reports suggest that this market is likely to be worth $7 billion by the financial year 2026.

For more fantasy sports news and poker promotions, keep reading GutshotMagazine.com. Follow us on Facebook, Instagram, Twitter, and Telegram. 

---

---

More News

---

Comments