eSports betting revenue expected to reach $14bn in 2020

Profits from gambling on esports is approximated to double to $14bn worldwide in 2020, according to brand-new research study.

Research study from global customer research company 2CV and market researcher ProdegeMR recommends the popularity of banking on esports, which produced earnings of $7bn in 2019, will rise as players try to find options as sports wagering is laregely suspended due to the coronavirus break out.

A survey of more than 1,000 bettors in the UK found 59% had decreased their spend on gaming, with 32% saying they have actually looked for brand-new things to bet on.

The research discovered 36% of gamers have actually bet on esports in the past 3 months, with 30% beginning within the last month; 62% of those who have not yet invested in esports say they require more details.

The research likewise found that, by 2022, the variety of esports viewers is estimated to rise to 644m worldwide, up from 454m viewers in 2019.

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