eSports Betting a $13.05 Billion Investment Opportunity

Stock-Market-Analysis

eSports betting could become a massive investment opportunity.

In fact, “According to the Market Insight Reports global eSport betting market will have a CAGR of 13.1%% in the next four years. In other words, the market’s worth is expected to reach $13.05 billion in this period,” as noted by Geek Insider.

Better, the Esports boom shows no clear signs of slowing.

According to Insider Intelligence, “As competitive video games continue to integrate into popular culture, global investors, brands, and media outlets are all paying attention. Consumers are as well. In fact, there will be 26.6 million monthly esports viewers in 2021, up 11.4% from 2020, according to our estimates.”

That could drive even more eSports betting interest, while fueling opportunity for Esports Technologies Inc. (NASDAQ:EBET), Score Media and Gaming (TSX:SCR)(NASDAQ:SCR), International Games Technology (NYSE:IGT), Scientific Games Corporation(NASDAQ:SGMS), and Boyd Gaming (NYSE:BYD).