ESports wagering estimated to hit $23.5B by 2020, generating revenues of $1.81B worldwide

Videogames have become a hugespectator sport, but it also hasthe potential to add up to a real business thanks to introductionof Las Vegas-style gambling.

In a report released last month, titled eSport Betting: It’s Real, and Bigger Than You Think,” researchersChris Grove and Adam Krejcik atEilers Research attempt to estimateexactly how big the market will become.

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ENC x adidas [Industry news] Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup

[Industry news] Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup

The Esports Foundation (EF) and adidas made sports history today, announcing a landmark partnership that will see the sportswear company outfit every national team at the inaugural Esports Nations Cup (ENC), the first nation-based esports event of its scale, set to debut November 2, 2026 in Riyadh, Saudi Arabia. The partnership directly supports the ongoing convergence of esports, culture, entertainment and sports, creating a defining moment for the esports industry and the global sport landscape.