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E-sports executive presents some impressive predictions

Friday, May 20, 2016 : BRIGHT FUTURE FOR E-SPORTS
 
E-sports executive presents some impressive predictions.
 
Staying with G2E Asia, a presentation on eSports that predicted seriously large business potential attracted interest and comment on the burgeoning vertical.
 
Borislav Borisov, who is chief operating officer at eSports operator UltraPlay, predicted without quoting research sources that eSports cash betting could reach turnover of more than $10 billion by 2018 and considerably more than double that by 2020.
 
The eSports executive pointed out that competitive events and prize pools in the vertical have been almost doubling on an annual basis since 2012, with over $65 million paid out in prize money this year alone. His own company recorded 310,000 bets in the first quarter of this year, he revealed.
 
Borisov categorised eSports action into cash-betting, skin betting and fantasy league, and said that, unlike sports betting, eSports punters tend to use desktop hardware rather than mobile apps. 60 percent of wagers are single rather than combination bets, and just over 67 percent are placed before the competition, with barely half that going on in-play wagers once a contest has begun.
 
He said that in his experience 44 percent of competitions on which wagers are placed are in the FPS (first person shooter) game Counter Strike: GO, with 34 percent going on the multiplayer online battle arena (MOBA) action strategy game Dota2 (Defense of the Ancients) and the rest going to League of Legends and other team games.
 
The typical eSports punter demographic is male and between the ages of 18 and 24, he claimed...the much sought after "millennial generation" which has grown up with modern communication devices, video gaming and now eSports, making it receptive to new technology and concepts.



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Swisslos and Betradar in Deal - Swisslos offers lotteries, sport bets and instant tickets in the entire territory of German-speaking Switzerland, in Ticino and in the Principality of Liechtenstein. It structures its range of games in an attractive and responsible manner. Swisslos transfers it entire net profit to the mandating cantons and the Principality of Liechtenstein to support public causes.

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Coolbet Joins Mpn - Coolbet, owned by the Estonian company StayCool OU, is a sportsbook driven brand with its own developed platform and sports software. In addition to sports, it offers casino and live casino gaming, and as of this week, poker.

RMG AND SIS EXTEND PARTNERSHIP - RMG manages the rights of many of the leading British racecourses, while SIS holds the horseracing rights to all Irish racecourses, plus Chelmsford City Racecourse in the UK.

Novomatic and Betradar in Deal - With ICE just a few days away, NOVOMATIC has announced a partnership with leading sports betting solutions provider Sportradar to develop an innovative line of sports betting products and services.

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