Recently, the wagering platform, an esports-focused betting destination that offers wagering on tournaments and esports matches, was launched in Japan and now is available in more than 140 jurisdictions.
According to Newzoo, a source for games and esports analytics and market research, Thailand is the world's 19th-largest gaming market. The country's growing middle class and the rise of mobile-first gaming are expected to make it a promising new market for esports wagering.
In line with Statista, a business data platform, Thailand's esports market should grow to be more than US$450M (14BN THB) in 2021. In addition, Thailand's Digital Economy Promotion Agency (Depa) is working to promote the Thai gaming industry as a source of new jobs and economic growth.
Aaron Speach, CEO, Esports Technologies stated in a press release: "Southeast Asia has been one of the fastest-growing regions in the esports market. We believe the increased popularity of mobile gaming paired with the strong history of betting creates a market opportunity for an esports wagering platform one our recently relaunched Gogawi platform can fulfill. We're excited to introduce Gogawi to Thailand's esports enthusiasts, providing them with one place to both watch esports tournaments around the world and wager on them."
Esports Technologies announced the relaunch of Gogawi.com in March 2021. One of many key upgrades to the platform is its use of the payment services solutions Apcopay, Astropay, and CoinDirect, all of which aim to provide more deposit and withdrawal options.