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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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Gambling News :

Pagcor relents on 20 venues - In an announcement to the local stock exchange Monday, the company revealed that 20 of its 36 e-bingo revocations have been lifted, enabling operations to continue.

Kama Games Selects Unity - #Unity The Ireland-based Kama Games mobile social games developer has announced its commitment to using the Unity games creation platform, having completed the conversion of the last of its titles from iOS and Android native apps to Unity 5.

Novomatic Slot Competition - #Novomatic The Americas division of online and land gambling games and equipment supplier Novomatic is briefing delegates to the G2E show in Las Vegas on its new slot concept, which gives players an opportunity to win prizes on national television.

Intertain Problems with UK Online Bingo Market - Expanding successfully into the UK online bingo market could present some difficulties for Canadian operator Intertain, the Financial Times suggested in a weekend article.

GREAT88 Slot Launches - Golden Dumplings, which award a spin on the Bonus Wheel, itself offering chances for multiplied stake winnings, free spins or a spin at the Mega Wheel.

Unibet - Relax Gaming poker software - #unibet Instead, the roll-out will now take place in phases, with October 3 seeing only the launch of the web client for non-regulated markets. That will be followed by the regulated market launch, and on November 1 the mobile version will appear.

Update on Anti Online Gambling bill S.3376 - More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.

Anti Gambling bill S. 3376 - #s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.

2016 WPT Borgata Main Event Results - @MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.

G-Sports debuts with the game Road Redemption - #esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.

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