The market research company Newzoo projects esports will generate $1.6 billion in revenue globally by 2024, up from just over $1 billion last year.Įsports is generating money for the hosts of events including tournaments and championships, but also in hotel room stays and food and beverage spending. Johnson estimated betting on esports is expected to reach $205 billion by 2027. It will take bets on people playing games including Call of Duty, Overwatch, CS:GO, League of Legends and DOTA 2. For now, it can only take bets on esports.
The company is based in London and has offices in Hoboken, New Jersey, and in Malta. “As the first licensed esports-focused betting site in North America, we’re thrilled to fully launch the VIE.gg platform in New Jersey, one of the gold standard jurisdictions for sports wagering in the country.” “We are pleased to have passed through the soft play period, which is a testament to all the hard work put in by our team over the past year,” said Grant Johnson, the company's CEO.
