eSports Niche Is Conquering the Gambling Industry

Cyber gambling is a competitive sphere in the wagering market. In recent times, eSports has become the main trend through such networks as ESPN and TBS.

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eSports Industry: Opinions of Famous Analysts

According to Kristian Segerstral from Super Evil Megacorp (entertainment creation studio), the sphere in its development surpassed even computer games, which previously dominated the gambling field. The expansion of eSports to various devices, including mobile phones, will lead to absolute leadership among its competitors.

In this article, we will also overview the opinions of 4 other experts with extensive knowledge in the eSports field:

• Matt Zitzmann, CEO of Kamcord (a streaming site for smartphones);
• Dennis Fong, CEO of Raptr (gaming social network);
• Ian Sharpe, CEO of Azubu (a playback company).

Mr Zitzmann said the appeal of eSports lies in the simplicity to participate and stream. Punters can broadcast, watch the game or play from anywhere without depending on specific facilities or stadiums.

Development of eSports on Mobile Devices

The popularity of betting on smartphones grows thanks to international markets such as India. Residents of the country have much less opportunity to watch broadcasts and play using PCs. This also applies to Japan, where there are not as many computer games as in the US, for instance.

Although PC users are sceptical of mobile gambling due to its limited control capabilities, the sphere competes with eSports on computers. For example, there is a digital card game Hearthstone: Heroes of Warcraft that is available on both PC and mobile devices. That is a good illustration of balancing between 2 platforms.

Mr Sharp noted that the growth of eSports requires revenue from its core system. Traditional matches need advertisers and marketing partnerships to make money. Wagering on cybersports, on the other hand, promotes a real commodity: the games that the participants play.

People who watch the League of Legends Tournament will most likely want to try out the entertainment themselves and spend money on microtransactions.

Player Winnings

Cybersport punters can collect more funds than ever before. They may win cash prizes from tournaments, and generate income by self-streaming on sites like Twitch. Like real athletes, players succeed when they manage to turn personalities into marketable brands.

The future of eSports still faces several issues. For example, some players can become addicted to the money they receive through professional gaming. Mr Sharp pointed out that it is necessary to help the participants if illness or age makes it impossible for them to continue playing. It refers to similar programs available in professional matches.

The Main Things about the Cybersport Segment

The industry has several issues to review and solve to become better, for example:

• the cyber environment needs to be more friendly to female players;
• countries (including the US) should stop attaching a negative connotation to the games, considering them a harmful activity.

Patience is key here, as content creators take time to reach a wide audience and develop the right technical devices to implement and support the broadcast.

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