CBS News Goes Inside the Billion Dollar Business of eSports: Today's Bets

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Published on:
Feb/19/2018

CBS News on Monday looked at the booming business of eSports and how big names in the world of professional sports are now getting involved.

"If you look at the average male under 25 they are watching more esports and streams than they are regular sports," CNET's editor-at-large, Jeff Bakalar said. "I think there's a lot of reasons for that. I think when you look at like accessibility you just gotta go out and get a game and you're a part of that community." 

It's big business indeed. In 2017, battle arena games League of Legends and Dota 2 had more than 100 million monthly active users, and fans watched an astounding two billion hours of gameplay, CBS News reported. eSports is expected to become a $2.3 billion in 2022.

"Sometimes people think, like, when they hear video games or esports, you know, they might have, like, Super Mario from, like, Nintendo in their mind and they're like, you know, 'well, how hard can that be?' but games have come so far, you know, from that genesis moment, right? I mean, they truly are sports," Gamer Sensei founder William Collis said.

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