Blue Star Capital plc, an AIM-listed investment company focused on esports, payments, technology, and media, is pleased to announce its partner Dynasty Gaming & Media Pte. Ltd’s (Dynasty) recent joint venture partnership with Lets Play Live (LPL), as reported in the Australian Financial Review.

Lets Play Live is the largest esports tournament organizer in Australia and one of the world’s largest gaming-related content creators. The platform launched in April and already has over 400,000 registered users, making it Australia’s biggest esports and gaming platform.

Esports has seen consistent growth in Australia, with video game revenue projected to reach approximately A$6.5 billion by 2023, increasing to over A$9 billion by 2027, according to Statista.

In Australia, the average revenue per user is around A$730, which is significantly higher than the global average of approximately A$211.

Dynasty’s transition from a service provider to a media owner, through its JV partnership with Lets Play Live, is expected to be a significant step. It is anticipated that this focus will be repeated in future contracts, according to Tony Fabrizi, Executive Chairman of Blue Star Capital.

Dynasty’s development of its esports and gaming platform positions it well to collaborate with existing media owners to capitalize on the growing market. Blue Star holds a 13% stake in Dynasty.

Blue Star is an investing company with a focus on new technologies. Blue Star’s investments include SatoshiPay Limited, an incubator and service provider to de-fi businesses using blockchain technology; 4 early-stage to mid-level esports companies, including Guild eSports plc, a global esports business headquartered in London and Dynasty Gaming & Media Pte. Ltd., whose B2B white label platform is a full-stack gaming ecosystem; and Sthaler Limited, an identity and payments technology business which enables a consumer to identify themselves and pay using just their finger.

Dynasty’s proprietary custom built platforms feature a tournament engine for immersive gameplay, a community building interactive social wall, an extensive content library and live broadcasting functionality and a platform wallet that instantly converts fiat currency into a virtual platform currency allowing users to seamlessly participate in prize pools, wagering and rewards. Dynasty has existing platforms live in Southeast Asia, North America, India and Australia.

Longboat Energy makes transformational investment to create a Norwegian JV with JAPEX

Chariot partners with Vivo Energy to create natural gas distribution joint venture in Morocco