TheStreet: How Betting is Shaping the eSports Landscape

Written by:
Alistair Prescott
Published on:
Apr/17/2019

  • The more people watch eSports, the more they are willing to place bets

  • Industry observers keeping close eye on the sector

  • Sportsbooks worldwide making eSports betting a top promotional item due to the combined synergies

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Zev Fima, research analyst for Jim Cramer's Action Alerts Plus portfolio, says that he is carefully watching betting in esports because of the possibility that the more viewers that esports attracts, the more bets will be placed.

Real Money's Kevin Curran echoed Fima's statement, saying that he also believes in the popularity of betting being able to create a cycle.

"Betting with money promotes people to watch the sport," Curran said.

While Jennifer Roberts, associate director at University of Nevada Las Vegas International Center for Gaming Regulation,  advised TheStreet.com that there has not been a huge uptick in eSports betting, don’t tell this to the Costa Rican, European and especially the Asian-focused wagering outlets.  A good chunk of them promote eSports betting above all other options offered.

- Alistair Prescott, Gambling911.com

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