GITNUX MARKETDATA REPORT 2024

The Most Surprising Esports Gambling Statistics And Trends in 2024

With sources from: grandviewresearch.com, statista.com, gamingamericas.com, cnbc.com and many more

In this post, we will explore the burgeoning world of esports gambling through a statistical lens. With a rapid rise in user sign-ups, revenue figures, and market projections, esports betting has become a significant force in the realm of online gambling. From increasing betting volumes during the pandemic to the impact of live betting on user engagement, we will delve into the data behind this growing industry.

Statistic 1

"Esports betting sites saw an estimated 100% increase in user sign-ups in 2020."

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Statistic 2

"By 2023, the esports betting market in the U.S. alone is expected to reach $1.5 billion."

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Statistic 3

"Mobile esports platforms are projected to form 60% of the market growth by 2025."

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Statistic 4

"Esports gambling regulations differ greatly across countries, with Europe being more stringent."

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Statistic 5

"Betting volume on major esports tournaments increased by 80% during the COVID-19 pandemic."

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Statistic 6

"The most popular game for esports betting in 2020 was Counter-Strike: Global Offensive."

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Statistic 7

"Esports betting views on Twitch increased by more than 50% in 2020."

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Statistic 8

"In 2020, around $6 billion was wagered on esports events globally."

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Statistic 9

"Approximately 36% of esports enthusiasts in the United States bet on esports in 2020."

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Statistic 10

"In-play betting accounts for 70% of esports gambling activity."

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Statistic 11

"Studies show that male users account for 80% of the esports betting demographic."

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Statistic 12

"The introduction of live esports betting has increased bettor engagement by 40%."

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Statistic 13

"The majority of esports bettors are aged between 18-34."

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Statistic 14

"Over 20 million active users globally bet on some form of esports monthly."

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Statistic 15

"Esports betting generated around $3 billion in revenue in 2019."

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Statistic 16

"The esports betting market in Europe is expected to grow at a CAGR of 7.3% from 2021 to 2028."

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Statistic 17

"The global esports gambling market was valued at nearly $12.67 billion in 2020."

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Statistic 18

"Asian markets underpinned strong growth in esports gambling with a 45% increase in activity in 2020."

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Statistic 19

"Bitcoin and other cryptocurrencies have become significantly used for placing esports bets."

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Statistic 20

"The average esports bettor spends approximately 8 hours per week watching esports."

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Interpretation

The evolution of esports gambling has been nothing short of remarkable, as evidenced by the surge in user sign-ups, market valuation, and the increasing shift towards mobile platforms. The industry has shown resiliency, especially during the COVID-19 pandemic, with significant growth in betting volume and viewer engagement. With varying regulations across countries, the landscape remains dynamic, while the preference for in-play betting and the dominance of male users underscore key trends in the market. As the esports betting market continues to expand globally, driven by technological advancements and demographic shifts, it is clear that this sector presents a lucrative opportunity for both businesses and enthusiasts alike.

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