Fluxo The Brazilian esports organization has announced its entry into the CS: GO arena along with the addition of a new sponsor for this endeavor. The Fluxo’s roster for the CS:GO tournament has been announced.
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Estrela Bet, a gaming website, is the brand in question. ESports Insider was present for the unveiling of Fluxo Estrela Bet at a press conference held at the WTC Sheraton hotel in Sao Paulo.
Fluxo’s managing business, 3C Gaming, disclosed during the press conference that Fluxo Estrela Bet spent about R$2.5m (about £400,000) hiring the squad.
Around R$1.8 million (£290,000), according to a claim by Dust2, a Brazilian website hosted by HLTV, was devoted to the purchase of Lucas “Lucaozy” Neves from YNG Sharks.
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![Fluxo](http://sportz18.com/wp-content/uploads/2022/08/Untitled-design-2-1-1024x576.png)
Fluxo might not have been a financial hit to Fluxo because it signed a sponsorship and naming rights agreement with the gambling portal Estrela Bet expressly for the CS: GO project.
Philip made it clear to Esports Insider, however, that the R$2.5 million represents merely an initial investment in players and excludes the structure.
Through a collaboration with the WTC Sheraton Hotel, which has internal high-performance gaming facilities supplied by the production business R1, the team will have a structure for training.
The immediate goal of Fluxo Estrela Bet is to qualify for the IEM Rio Major 2022. Philip claims that Estrela Bet and Fluxo have been in contact for at least eight months. The companies were waiting for the ideal moment or initiative to form a relationship, but due to regulations for esports gambling platforms, The existing agreement is good for 12 months.