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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

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