• Tue. Apr 16th, 2024

E-sports are the first choice in the sports betting industry during the pandemic.

ByDanny White

Dec 27, 2020

Betting on e-sports was once a very rough idea. When I heard the idea of including e-sports in the online sports betting industry, people initially either just dumped the idea directly or, even worse, they laughed at it. No one thought that e-sports were the right thing to introduce in the industry, which might affect the market.

But now, amid the COVID-19 pandemic, when the entire world has stopped. All the activities are paused, and the physical games halted; the industry has turned towards e-sports as an alternative to continue thriving amid the crisis. In the past few months, video games have become the dearest thing to all the casino owners. No one in the industry is now against the idea of introducing e-sports. Even the gamblers have loved the concept well and adopted it with great ease.

 Various experts in the industry have accepted that the concept of e-sports is highly contagious, and it has increased by more than 40 times since March. As we take a deep dive into the American markets, many states are in the race to introduce e-sports in their gambling market. Many big sports betting operators have adopted the concept.

Nevada state is one among the many others that want to stay ahead in the e-sports market. An official from the Nevada Gaming Control Board said in an interview that people want something to bet on even in this deadly pandemic. The operators in the town wish to offer something to their customers. Seeing the sensitivity of time and customers’ needs, the industry has adopted the concept of online e-sports betting.

E-sports making a big change in the pandemic times

 

Technology has changed to great extents in the past few years, and people have started liking video games more than ever. This love for the video game industry has proven very beneficial for the betting industry as well. The industry giants such as DraftKings and FanDuel stated that people nowadays don’t need real players. They have always loved video games, and introducing the concept in our industry has benefited them a lot.

 Reports show that these sports have attracted 20 times more customers than before. The revenue is estimated to double by this year and generate almost $14 billion. Various states that were once entirely against the concept of introducing e-sports are now rushing to enter the industry as soon as possible. Overall, 15 states in the USA have legalized sports betting currently.

 The entire video games industry doesn’t know how to react. Some video game owners think that using their video games for gambling purposes without their permission is not legal. However, the introduction of e-sports has somehow benefited the video games industry as well.

It was always known that it is impossible to keep people away from video games. Introducing them to gamblers has proved as an Ace in the hole. During the pandemic times, people have become addicted to gambling on video games. People love the concept, and in the coming years, the industry will surely rise even higher.