Crown casino to host esports tournament, stumps up A$70,000

Melbourne-based Crown casino will be hosting an esports tournament for Call Of Duty over two days on Apr. 9 and 10, according to the Australian gaming news outlet, Kotaku Australia.

The format will be similar to an event held at the casino last year, called the CS:GO Crown Invitational, with four Australian teams up against two foreign teams – Millennium and Optic Gaming from Europe and the United States.

Crown has reportedly put up A$70,000 (US$53,300) in prize money for the winner, which will be announced at the end of the two day competition.

Esports has seen explosive growth over the last few years. In January, Newzoo released a report saying the global esports market is set to grow 43 percent from US$325 million in 2015 to US$463 million in 2016.

Australia has also seen an increase in esports interest, with the launch of YouTube Gaming earlier this month.

Fantasy esports as well as esports wagering has started to gain traction in the region. Earlier this month, TopBetta’s launched a new esports division, GameBetta, headed by Australian esports entrepreneur Randall Noble.