Esports is the new hope of the iGaming industry as global sports are shut down due to the COVID-19 pandemic

Esports is the new hope of the iGaming industry as global sports are shut down due to the COVID-19 pandemic

The WHO has officially designated COVID-19 as a pandemic and it has undoubtedly led to many industries being idle, thus affecting the world economy to a great extent. And the sports betting industry is no exception! With empty sports arenas and the cancellation of sporting events worldwide, sports betting businesses are witnessing a major decline. Sports betting has always proved to be one of the most engaging activities for audiences of various age groups. And it is always beneficial for businesses associated with this industry to invest in this lucrative industry, but the outbreak of COVID-19 has changed the scenario of the industry to a great extent. 안전한카지노사이트


The impact of COVID-19 on sports events and the market around the world

The lifting of the federal ban on sports betting in the US has fueled the hope of further legalization in other parts of the world in the coming years, which is indeed a great opportunity to generate income for entrepreneurs in the sports betting industry. 2020 has been one of the most anticipated years for sports betting to take off due to the expectation of many more states to legalize betting. But the silence on some major sporting events has left bookmakers thinking about some other contingency plans. 온라인카지노 


Esports leagues can be the savior games in town during the COVID-19 pandemic

Global sporting events have been halted and there are no chances for MLB, NBA, Euro 2020, National Rugby League or NHL in the next few weeks. But despite the coronavirus pandemic, one form of competition is still going strong, namely ESPORTS.

The main reason for the cancellation of major sporting events, including the European Zonal Olympic Qualifiers, the European Rugby Championship, etc., is to avoid social gatherings as a precautionary measure against COVID-19.


What can you do in Esports?

Esports betting software

Esports betting software is proving to be a great choice for bettors looking to satisfy their betting passion. Instead of sporting events, your players will get a chance to bet on esports events such as League of Legends World Championship, OverWatch League and many more. You can opt for a feature-rich esports betting platform that covers all desired aspects including best-in-class odds integration, coverage of major esports leagues, streaming software integration, tournament chat, multiple bet types, unlimited betting markets and much more.


Fantasy Esports software

The Fantasy esports platform perfectly combines the functionality and conceptualization of esports and fantasy sports. Fantasy esports platforms are developed and cover all major features to offer your players the exact feeling of playing in a real gaming arena. Leaderboards, a myriad of supported esports leagues, achievement badges, live streams, draft types, etc. are key features covered by our fantasy esports platform.

Esports tournament management platform

Esports tournament management platforms allow you to manage multiplayer play in various online and offline esports tournaments centrally on a single platform. Countless esports titles and tournaments are supported on these platforms, including LOL, Call of Duty, Fortnite, PubG and many more.


Esports to the Rescue

The myriad of esports leagues that have boosted their mainstream legitimacy and visibility over the past decade by consistently filling legendary arenas including Staples Center and Madison Square Garden with fans are also continuing to return to their online roots. Even streaming platforms including YouTube and Twitch and professional esports leagues including League of Legends, Call of Duty, Overwatch and CS:GO are now getting an unexpected chance to expand their audience and engage a crowd that previously preferred to watch. NCAA, NBA or NHL basketball tournaments.


With the decline in live event programming and school closures, both content creators and broadcast streamers are seeing a large influx of viewers. Although canceled events have affected some aspects of the fan experience, esports have not been affected as much as traditional sports in which live events are the economic and financial drivers. Mainstream esports broadcasts focus on online audiences rather than live audiences. And according to some research, online audiences have continued to grow substantially in the past few weeks as most people around the world are at home due to the coronavirus. 카지노사이트

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