Unikrn announces partnership with MGM to host eSports tournaments on Las Vegas Strip, leads to Bullish UKG price action
Unikrn announced it is getting into brick-and-mortar on the Las Vegas Strip, increasing it's price from $0.20 to an all-time-high of $0.40. The Seattle esports betting startup today announced a new deal with MGM Resorts International to host live video game tournaments on Friday and Saturday evenings next year inside the MGM Grand Hotel & Casino on the Las Vegas Strip. The events will take place at Level Up, a new entertainment complex inside MGM that opened one year ago. Unikrn will create a "branded esports experience," said CEO Rahul Sood, and host competitions for a variety of games like Street Fighter, Madden, NBA 2K, and more. Competitors will have a chance to win cash, experience packages at MGM Resorts properties, and UnikoinGold, a cryptocurrency created by Unikrn that can be used on its platform to bet on esports matches. Those tokens can be exchanged for other major cryptocurrencies, such as ethereum and bitcoin, which can then be exchanged for U.S. dollars.
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