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#esports Still Growing Strong
E-SPORTS REMAINS ON THE GROWTH PATH
Latest Newzoo numbers showcase a thriving industry.
The independent digital research company Newzoo has released a teaser on its current review of the eSports vertical, reporting that it has revised upward by 7 percent its estimates on revenues in the current year to $493 million.
That represents a year-on-year growth of almost 52 percent, the researcher observes, attributing elements of the growth to the increased investment of up to $100 million by game developers like Blizzard and Valve that have identified the potential of competitive video gaming and promote and support eSport teams, leagues, operators, and event organisers.
Researchers predict that revenues are likely to rise by 42.2 percent by end 2019, delivering annual revenues of $1.1 billion. That will come principally from the North American market (36 percent) followed by Asian markets (22 percent) and the rest of the world at 42 percent.
The report notes that it does not include betting volume in its predictions, which could more than double the $493 million in revenues achieved by the end of 2016.
Newzoo breaks down the current revenue contributory numbers into 71 percent from advertising, sponsorship and media rights (around $350 million) with the remainder delivered by merchandising and event ticket sales.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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