More than $590 million will be wagered on esports competitions through cash gambling sites in 2016 with 93% of the wagering taking place through esportsbook betting, which is akin to traditional sports betting. It is similar to wagering on the outcome of a match between two professional sports teams, except that bets are made by people predicting the outcome of esports (competitive video game) matches.
Tags mike-stubbs must reads
Check Also
[Industry news] Core Keeper’s ancient Core becomes a one of a kind gaming PC, to be won for charity
More than 4 million people have played Core Keeper, and every one of them started the same way, waking in a dark cavern beside an ancient Core that has lain dormant for aeons. Pugstorm and Fireshine Games, the game's developer and publisher, have now worked with Scan to build that Core into a real gaming PC. It is one of a kind, and it is the prize in the Global Games Draw, a new prize draw for Into Games, a UK charity that helps young people from working class backgrounds into careers in games. Every entry raises money for that work.

MCV/DEVELOP News, events, research and jobs from the games industry