Daria Petrus, Business Development Team Lead at BetInvest, tracks developments in esports, notably the rapid rise in betting on a genre that’s set to be worth nearly $12bn by the end of this decade. Once a niche interest, esports has rapidly transformed into a global phenomenon, capturing the attention of millions. In 2022, the worldwide esports market grew to be …
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The coronavirus has halted a variety of industries, whilst pushing others into a period of financial instability. Yet as the world adapts to the ‘new normal’, so does the betting industry. Operators and suppliers alike are getting creative to mitigate long-term business repercussions. With that in mind, Max Dubossarsky, Chief Operating Officer of Betinvest, wrote for SBC News to explain …
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Esports is one of the fastest growing entertainment sectors in the world today, with industry revenues set to grow to over £930m this year, according to a report by market intelligence firm Newzoo. With the industry starting to take shape, it is imperative that the betting industry conforms to the scene in order to fully maximise the sector’s huge potential. …
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Susan O’Leary, CEO at Alderney Gambling, says Esports betting throws up major regulatory challenges, but the industry needs to take them on to safeguard its future. Esports has come a long way in a short space of time. From a small number of hardcore enthusiasts duking it out from their parent’s basements to professional teams going head-to-head in front of …
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Ticonderoga Ventures, Inc. has announced that the second international eSports 2016 Conference will take place on September 23rd at the Strand Palace Hotel in London. It will be run alongside and in conjunction with the Daily Fantasy Sports Expo. Marc Lesnik, Conference Organiser, said of the two events: “I have seen for the last 2 years a die hard group of …
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Newzoo has released its latest quarterly update of its assessment of the esports industry, the ‘Global Esports Market Report’. The report shows that esports revenues for 2016 will grow towards a projected $493m (£371.5 m) in 2016. This is up a significant 7% from the $463m (£348.8 m) projected at the beginning of the year. This puts the year-on-year growth at a …
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Phil Kornyshev is the co-founder of PVP.ME, a live esports betting platform. Having spoken at the iGaming Super Show in Amsterdam earlier this year, now he has turned his attention to exploring the recent skins betting drama for SBC News. Heres’ what he had to say… The gambling boom of Counter Strike: Global Offensive started just over three years ago, …
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Newzoo’s latest quarterly update of Global Market Esports Report states that the number of worldwide consumers who will be aware of esports by the end of this year will exceed one billion. A total of 16 countries were part of the research that went into these findings, and it showed that the average awareness among gamers increased from 53.7% in …
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The latest data released by Newzoo shows that 21.3% of all hours watched on Twitch from July to December 2015 was esports content. This equals 475.5 million hours of esports content watched across all esports franchises, which is an average of over 79 million hours per month. It’s repeatedly noted how Twitch has hugely benefitted the growth of the esports scene in the West, though it …
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The latest esports focused report by Newzoo states that brands will spend a considerable $325m (£225.9m) across the industry in 2016. This means that the industry as a whole will receive over 70% of total revenue from brands and sponsors this year. This is a sizable increase of 49% growth on last year’s figures which goes some way in showing why …
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