DUBAI, UAE, March 3, 2021 /PRNewswire/ — OkLetsPlay, the leading platform for esports cash matches and tournaments, secured a one million dollar seed investment from global player Riva Technology and Entertainment Limited. This investment accelerates OkLetsPlay’s growth by enabling the expansion of its platform and user base. RTE will have a significant minority stake in OkLetsPlay, and Paul Roy, CEO of RTE, will join OkLetsPlay’s board of directors, brings more than 25 years of experience in gaming, and an innovative global mindset to the rapidly evolving industry.
“With this investment from RIVA Technology and Entertainment, OkLetsPlay is well-positioned to make a big splash in the real money esports tournament market for both hyper-casual mobile and web gaming as well as the hardcore competitive PC esports scene. RTE’s investment and global industry connections will augment OkLetsPlay’s patented tech and service platform onto the main stage around the world,” said Russell M. Aleksey, Founder, and CEO of OKLetsPlay.
OkLetsPlay’s peer-based digital gaming competitions support hyper-casual and hardcore competitive PC, mobile, and other games and gaming platforms. Today, OkLetsPlay supports two of the biggest game titles in competitive eSports, League of Legends & CS:GO, allowing users to compete or organize real money tournaments in a seamless and secure experience. The platform was built on the belief that the competitive esports scene, along with its community of…
