Connect with us

Hi, what are you looking for?

Jewish Business News

Articles & Blogs

Can eSports Become a Major Player in the Sports Betting Industry?

By Contributing Author

Sports and betting have gone hand in hand for a long time. Many sports thrive and grow as a result of people betting on them and then watching to see how their selections perform.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Throughout much of 2020, there has been a real lack of sport taking place due to the Coronavirus pandemic.

One of the few industries available to help bookmakers and give them a service during this time was the eSports industry.

While there was no access to the eSports arenas we have around the world, players could still take each other on from home and give us something to watch, cheer and bet on.

This has opened up eSports to many people who would normally not watch these events. Can eSports build on that, and does the industry have the ability to move into sports betting and become a major player?

We have seen bookmakers increase their eSports offering over the past few years. There was a time when only the big events were covered and even with these events, markets were very limited.

Can eSports Build Up Their Fanbase?

To truly be a success, it will take more than just bookmakers. The entire eSports industry needs to work together to increase the number of fans who connect.

Whether this is fans checking results, watching live games, betting or something else, fans are needed to make this a success.

With fans, eSports has a better chance of making it onto bigger TV channels, having bigger and better streaming services and gaining bigger sponsorship deals.

Fans are the driving force behind all of these and holding onto some of those that have been gained over the past few weeks and months is now the biggest challenge.

Can this be done? Expectations are only a few will remain, but every single fan is vital in the growth of eSports, so a big effort is needed.

What Does the Future Hold?

The eSports industry has an opportunity in 2020 that they never thought they would have. It is a chance to bring a number of new fans on board.

The question is how they capitalise on the chance. As people drift away back to the sports they have been involved with for a long time, how does eSports manage to keep them at least interested in events happening in the industry?

How does eSports approach their future relationship with bookmakers? They’ve played a big part in keeping the betting industry going during the Coronavirus, is now the time to seek bookmaker sponsorship and streaming as a thank you for that?

There is a chance on offer for eSports, but one they have to take well if they want to future to be a success.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.