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E-sports online betting to hit US$12.9 billion in 2020 – fastest-growing trend in global sports gambling, says research report

Nazvi Careem January 17, 2019 Betting consultant says more online casinos will start to flood the market to complement the growth in popularity of e-sports

Wagering on e-sports is the fastest-growing betting trend in sports gambling with punters around the world expected to bet up to US$12.9 billion on gaming by 2020, according to research by betting consultant NJGames.org.

Rough estimates put market capitalisation for worldwide sports betting at US$250 billion. And according to Statistica, licensed online sportsbooks account for more than US$40 billion of this pie. Online gambling on e-sports’ share of the market, according to NJGames, was valued at US$5.5 billion in 2016.

Complete article: E-sports online betting to hit US$12.9 billion in 2020 – fastest-growing trend in global sports gambling, says research report