Russian bookies seek to harness esports market

Russia’s eSports market is tipped for strong growth, though the ability of the country’s bookmakers to tap the potential may be held back by cumbersome laws on online gambling and a failure to understand the audience. At a recent eSports conference in Moscow, eSports expert and inventor of the Warp gaming chair, Dmitry Zorkin, cited figures from PayPal and SuperData Research which found 2.2 million people currently play in Russia, with that number likely to double to 4.3 million by 2018. Revenues are likely to increase at a more subdued pace, rising from a total of $35.4 million in 2016 to about $43.7 million in 2018. He says Europe’s total eSports market currently stands at $343 million and is forecast to rise to $389 million. Globally, according to SuperData, the audience has grown from 130 million in 2015 to over 213 million in 2016. Global revenue for e-sports has grown by 20...

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