..

Gambling On Esports Will Double To $14 Billion In 2020

Written by:
Ean Lamb
Published on:
Apr/21/2020

Esports, certainly not immune to the coronavirus pandemic, has mostly been thriving as many events can still be played minus the spectators.  Some of the major competitions have been postponed.  But there is great news for the sector when it comes to gambling.

Esports global gambling revenue is set to double to US$14 billion in 2020, according to new research from global consumer surveyors 2CV and market analysts ProdegeMR. The survey took responses from 1,028 gamblers aged 18 to 64 and looked at how the current climate is affecting gambling in the UK, as well as the potential role that esports could play in becoming a new revenue driver for the industry.

The research also reveals a shifting interest towards other betting properties such as esports, with 36 per cent of gamblers having made a bet on competitive gaming in the last three months. It also found that 30 per cent of consumers betting on esports have only started to do so within the last month. Moreover, 22 per cent of gamblers who have not tried betting on esports before revealed that they will consider doing so within the next three months.

- Ean Lamb, Gambling911.com

Gambling News

NFL Betting Line Analysis: Home Team -10

NFL Betting Line Analysis: Home Team -10

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

NFL Betting Line Analysis: Home Team -3

NFL Betting Line Analysis: Home Team -3

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

Bookies Guide to Sharps and Squares

Bookies Guide to Sharps and Squares

When running an online sportsbook it is important to understand the difference between the two key types of players: Sharps and squares.

Bragg Gaming Launches With Betway

Bragg Gaming Launches With Betway

ORYX Gaming, a Bragg Gaming Group company ( TSXV: BRAG, OTC:BRGGF ), announced today that its entire RGS portfolio has gone live with leading global online sports betting and casino operator Betway via their market-leading ORYX Hub platform. Betway is licensed in several key jurisdictions. 

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Quickly and easily receiving payouts of winnings is the most important factor for U.S. sports bettors when selecting an online sportsbook, and prioritized by 37% of players, according to research released today by Paysafe, a leading integrated payments platform. The latest All the Ways Players Pay report also suggests that offering digital wallets and other alternative payment methods allows sportsbooks to overcome the challenge of card declines.

Syndicate