BETBY becomes sponsor of the MOVE Cup chess tournament in Barcelona
BETBY has become the main backer of the MOVE Cup rapid chess tournament, to be played in Barcelona on 19 and 20 January 2027. Magnus Carlsen has been announced as the first of the eight grandmasters who will take part.
BETBY, a provider of sports betting infrastructure, has become the main backer of MOVE Cup, a new chess tournament to be held in Barcelona. The event, in a rapid chess format, will be played on 19 and 20 January 2027. The tournament was announced at a press conference in Barcelona.
Eight grandmasters will take part in the event. The first name is Magnus Carlsen, who is also BETBY's global brand ambassador. The other seven players will be announced one by one in the coming weeks.
The tournament's prize pool is 300,000 euros. The same amount, 300,000 euros, will also be donated to the MOVE Foundation. The foundation supports the development of chess, young talent, and research on chess and mental health.
The link between BETBY and the chess world is not new. Carlsen first met with the company at ICE Barcelona in 2025. In 2026, he took part in a major brand event of the company together with Hikaru Nakamura and Levy Rozman.
The program will begin on 18 January with a charity event at the BETBY stand (5K20) at the ICE Barcelona fair. Players, donors and business partners will meet in a special hand and brain format. The organizers aim for the MOVE Cup to secure a regular place in the international chess calendar.
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