his month, Betgenius announced the world’s first comprehensive eSports betting service and has already began to sign strategic deals, which will see the sports betting technology leader pave the way for a new revenue stream for betting operators.
According to the recent report by Eilers Research, there’s currently 2.3 million eSports viewers, which is expected to rise to 19.5 million by 2020. The report further claims that the current eSports betting market pulls in revenues of USD$24 million and that by 2020 this will reach USD$1.81 billion worldwide.
Ben Wright, Head of Sports Trading at Sky Betting & Gaming, said: ”The eSports sector is such a fast growing market that we see great potential in this new offering. Our partnership with Betgenius and the new opportunities it provides for our customers is a key part of our vision of making betting better.”
Mark Locke, CEO of Betgenius, said: “Sky Betting & Gaming has been a critical partner in our journey to success, and the launch of their eSports product through Betgenius’ technology solidifies our long standing partnership. We are looking forward to what will be a very exciting time for both teams and carving out another profitable revenue stream.”