BETBY becomes powering sponsor of the MOVE Cup chess tournament

Malta-based betting software provider BETBY has become the "powering sponsor" of the MOVE Cup, a tournament to be held in a fast chess format. The tournament was announced today and will be played in Barcelona on 19 and 20 January 2027.

The organizers present the event as a new format for global chess. The game will be built around a fast pace. BETBY CEO and co-founder Leonid Pertsovskiy described chess as a game of clear thinking, analysis, patience and endurance.

The company counts chess as one of the core products in its Betby.Games portfolio and has worked with Magnus Carlsen as a brand ambassador since 2024. In January, a chess event with Carlsen, Levy Rozman and Hikaru Nakamura was held at the ICE trade show in Barcelona. Pertsovskiy said that after the success of that event, they wanted to bring the world's best players back to the same city for a more ambitious event.

Kirill Nekrasov of BETBY noted last December that the world had never been so interested in chess. According to Nekrasov, Chess.com alone has more than 200 million members and more than 20 million games are played. Betting services are intended only for users over 18.