eSports Billion Dollar Bet and More

Written by:
Published on:

With more than $1B invested in esports-related companies last month, the industry likely reached its annual high already, eSports Observer boldly predicted.


That site noted that Tenchent last month invested in two of China's key streaming platforms while Huya raised around $461.6M in its latest series B equity financing round.

Tenchent is valued around the same as live streaming social media outlet Twitch at around $1 billion when it was acquired by Amazon.

Then there is this from eSports Observer:

Infinite, which is backed and headed by Neil Leibman—a co-owner of the MLB franchise Texas Rangers—has acquired and partnered with a multitude of companies and esports organizations. These include broadcast and events management company NGAGE, esports agency Triggerfish, and teams OpTic, Allegiance, and Obey Alliance. The holding company plans to bring its entire portolio together later this year, with the opening of a 3,000 seat esports stadium in Arlington, Texas.

eSports is the next big thing in the world of Internet gambling with many of the top sportsbooks scrambling to get lines up on a daily basis.

- Aaron Goldstein, Gambling911.com

Sports News

Is MyBookie Legal in North Carolina?

Is MyBookie Legal in North Carolina?

MyBookie is a popular online sportsbook that is accessible from North Carolina  At this time they are not endorsed by Gambling911.com.  Instead, we recommend Jazz Sports, in business since 1996.

Where Can I Bet Sports Near Toledo?

Where Can I Bet Sports Near Toledo?

Betting on sports from the Toledo area can be done using the BetUS website.  They offer an amazing welcome bonus (max bonus $2500).

Can I Bet Sports on FOX Bet Online From Alabama

Can I Bet Sports on FOX Bet Online From Alabama

While you may see advertisements and news stories about FOX Bet (the soon-to-launch betting app from Fox Sports and the Stars Group), betting on this app or website is prohibited from the state of Alabama.

Is Bovada Legal From Utah

Is Bovada Legal From Utah

While Bovada may be legal to bet with from the great state of Utah, there are indeed much better options, including BetUS, which offers a generous welcome bonus (max bonus $2500).

Is MyBookie Legal in Alabama

Though MyBookie.ag is not licensed in the state of Alabama, there is nothing that makes placing a bet here explicitly illegal.