eSports Betting Status Update

eSports Betting Status Update

Who knew that an obscure Space Invaders Championship in the 1970s would make its mark as the very first eSports tournament? While eSports tournaments haven’t taken off until recently in their 50-year history, there’s still so much we must learn before it becomes completely legal to bet on eSports in the United States.

Who doesn’t love the thrill of betting? We bet on regular sports watching grown adults throw balls at each other. Why not include the thrill of betting on grown adults lobbing virtual grenades at each other? While eSports have been around for over 50 years, we still have a long way to go with the regulation of eSports betting in the United States.

Why should the United States push legislation to legalize eSports betting? Well, that’s because eSports is a multi-billion-dollar industry. If there’s anything the U. S loves, it’s dipping their hands into the coffers of massive profits. Why do you think the legalization of marijuana was quickly re-evaluated when the U. S. government realized it could be a booming industry?

The United States isn’t new to regular sports betting. Plenty of states allow legal sports betting, so it shouldn’t be too difficult to pass legal eSports betting in those same states. Right now, only two states in the United States allow for 100% legal eSports betting, and we’ll go into that in a bit.

Why do we say eSports betting in the United States will be profitable? Well, you won’t find a larger gaming market outside of China than the United States. Currently, the U. S is projected to bring in almost 50 billion dollars in revenue by 2025. Electronic Arts, Epic Games, Riot Games, and other big named developers and publishers are capitalizing on a growing industry fueled by a global pandemic. Legalizing eSports betting in the United States can make it the world leader in eSports betting and start a worldwide trend that will benefit the gaming industry.

Which States Have Legalized eSports Betting?

Currently, only New Jersey and Nevada are the only two states in the United States where eSports betting is completely legal. That means you can bet on your favorite eSports athlete or your favorite eSports team. Fortunately, eSports betting is “legal” with certain regulations in:

  • Mississippi
  • Illinois
  • Iowa
  • New York
  • Arkansas
  • New York
  • Rhode Island
  • Pennsylvania
  • Washington DC
  • Montana
  • Oregon
  • Delaware
  • New Mexico

These regulations limit players in these states to certain locations where they can monitor eSports betting.

The current state of eSports betting in the United States sounds promising, with more states working on legislation to make it legal. While regular sports betting is legal in many states, don’t confuse that for legal eSports betting.

There’s still a clear divide between the two, with Indiana being a prime example of this. That state allows sports betting but is still against eSports betting.

For now, keep your eyes and ears open for eSports booking opportunities. You never know when the perfect betting opportunity will come around.

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