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    Esports Betting Market

    ID: MRFR/ICT/19128-HCR
    128 Pages
    Ankit Gupta
    October 2025

    Esports Betting Market Research Report Information By Type (Ages 19-25, Ages 26-30, Ages 31 and Above), By Application (LOL, CS: GO, Dota 2, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    Esports Betting Market Infographic
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    Esports Betting Market Summary

    As per MRFR analysis, the Esports Betting Market Size was estimated at 12.92 USD Billion in 2024. The Esports Betting industry is projected to grow from 14.76 USD Billion in 2025 to 56.19 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 14.3 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Esports Betting Market is experiencing robust growth driven by technological advancements and increasing engagement.

    • The rise of live betting is reshaping the landscape of esports wagering, particularly in North America.
    • Integration of advanced technologies is enhancing user experience and engagement, especially among the 19-25 age group.
    • Regulatory developments are paving the way for more structured betting environments in the Asia-Pacific region.
    • The increasing popularity of esports and the engagement of traditional sports betting operators are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 12.92 (USD Billion)
    2035 Market Size 56.19 (USD Billion)
    CAGR (2025 - 2035) 14.3%

    Major Players

    Betway (GB), Pinnacle (NL), Unikrn (US), Bet365 (GB), DraftKings (US), William Hill (GB), 888sport (GB), Rivalry (CA), Esports Entertainment Group (US)

    Esports Betting Market Trends

    The Esports Betting Market is currently experiencing a dynamic evolution, driven by the increasing popularity of competitive gaming and the growing acceptance of online wagering. As more individuals engage with esports, the demand for betting options has surged, leading to a proliferation of platforms catering to this niche. This market appears to be characterized by a diverse range of betting formats, including live betting and fantasy esports, which seem to attract a wide audience. Furthermore, the integration of advanced technologies, such as blockchain and artificial intelligence, is likely to enhance user experience and security, potentially reshaping the landscape of online betting. In addition, regulatory frameworks surrounding esports betting are gradually becoming more defined, which may foster a safer environment for consumers and operators alike. As jurisdictions around the world adapt to this burgeoning market, the potential for growth appears substantial. The Esports Betting Market is poised to attract not only traditional gamblers but also a younger demographic that is increasingly comfortable with digital platforms. This convergence of technology, regulation, and consumer interest suggests a promising future for the industry, with opportunities for innovation and expansion on the horizon.

    Rise of Live Betting

    Live betting is gaining traction within the Esports Betting Market, allowing participants to place wagers in real-time as events unfold. This trend enhances engagement, as bettors can react to gameplay dynamics and make informed decisions based on live performance.

    Integration of Advanced Technologies

    The incorporation of technologies such as blockchain and artificial intelligence is transforming the Esports Betting Market. These innovations are likely to improve transaction security, enhance user experience, and provide personalized betting options, thereby attracting a broader audience.

    Regulatory Developments

    As the Esports Betting Market matures, regulatory frameworks are evolving to address the unique challenges posed by this sector. Clearer regulations may lead to increased consumer confidence and a more stable market environment, encouraging further investment and participation.

    Esports Betting Market Drivers

    Expansion of Betting Markets

    The expansion of betting markets is a significant driver for the Esports Betting Market. As more jurisdictions recognize the potential revenue from esports betting, regulatory frameworks are evolving to accommodate this growing sector. In 2025, several countries have implemented or are in the process of establishing legal frameworks for esports betting, which is expected to increase market participation. This expansion allows for a wider range of betting options, including in-play betting and prop bets, which cater to diverse bettor preferences. The increased legitimacy of esports betting also attracts traditional sports bettors, further broadening the market. As more operators enter the space, competition intensifies, leading to better offerings for consumers in the Esports Betting Market.

    Rise of Influencer Marketing

    The rise of influencer marketing is increasingly impacting the Esports Betting Market. Influencers and streamers play a pivotal role in shaping consumer behavior and preferences, particularly among younger audiences. In 2025, it is observed that nearly 50% of esports bettors are influenced by content creators when making betting decisions. This trend suggests that partnerships between betting platforms and popular influencers can significantly enhance brand visibility and attract new users. As influencers promote betting options during live streams or on social media, they create a sense of community and trust, which is essential for engaging potential bettors. This dynamic relationship between influencers and the Esports Betting Market is likely to continue evolving, further driving market growth.

    Increasing Popularity of Esports

    The growing popularity of esports is a primary driver of the Esports Betting Market. With millions of fans worldwide, esports events attract significant viewership, leading to increased engagement in betting activities. In 2025, the esports audience is projected to reach over 600 million, which suggests a robust market for betting platforms. This surge in interest is not only from traditional gamers but also from casual viewers, indicating a diverse demographic engaging with esports. As more people become familiar with esports, the potential for betting on these events expands, creating new opportunities for operators in the Esports Betting Market. The rise of major tournaments and leagues further fuels this trend, as they provide a structured environment for betting, enhancing the overall experience for fans.

    Technological Advancements in Betting Platforms

    Technological advancements play a crucial role in shaping the Esports Betting Market. Innovations such as mobile betting applications, live streaming, and real-time data analytics enhance user experience and engagement. In 2025, it is estimated that mobile betting accounts for over 70% of all betting activities, indicating a shift towards more accessible platforms. These technologies allow bettors to place wagers in real-time, increasing the excitement and immediacy of esports events. Furthermore, the integration of artificial intelligence and machine learning in betting algorithms provides users with personalized experiences and improved odds. This technological evolution not only attracts new bettors but also retains existing ones, thereby driving growth in the Esports Betting Market.

    Engagement of Traditional Sports Betting Operators

    The engagement of traditional sports betting operators in the Esports Betting Market is a notable trend. Many established betting companies are diversifying their portfolios by including esports betting options, recognizing the lucrative potential of this market. In 2025, it is estimated that traditional sports betting operators account for nearly 40% of the esports betting market, indicating a significant shift in focus. This crossover not only brings financial resources and expertise to the esports sector but also enhances credibility among potential bettors. As these operators leverage their existing customer bases, they introduce esports betting to a wider audience, thereby driving growth. The collaboration between traditional and esports betting platforms may lead to innovative betting products, further enriching the Esports Betting Market.

    Market Segment Insights

    By Type: Ages 19-25 (Largest) vs. Ages 26-30 (Fastest-Growing)

    The Esports Betting Market exhibits a distinct distribution across various age groups, with individuals aged 19-25 commanding the largest share. This demographic, often characterized by a deep engagement with digital platforms and gaming culture, significantly influences betting trends and preferences. In contrast, the 26-30 age group is emerging rapidly, reflecting a growing interest in esports betting that surpasses traditional betting activities. Their engagement is being driven by a combination of nostalgia and the increasing legitimacy of esports as a competitive platform.

    Age 19-25: Dominant vs. Age 26-30: Emerging

    The 19-25 age segment maintains a dominant position in the Esports Betting Market, primarily due to their familiarity with technology and gaming, which fosters a strong inclination toward online betting activities. This group is not only the most active in participating in esports betting but also contributes significantly to setting trends in gaming preferences and betting styles. Meanwhile, the 26-30 age group is emerging as a formidable player within the market, leveraging their financial independence and broader accessibility to esports platforms. They tend to be drawn to betting as a form of recreation that complements their interests in gaming and competitive sports, bridging a transition from casual gaming to more structured betting activities.

    By Application: LOL (Largest) vs. CS: GO (Fastest-Growing)

    In the Esports Betting Market, the application segment reveals a competitive distribution among major games such as LOL, CS: GO, and Dota 2, with LOL significantly dominating the market share. The popularity of LOL reflects its established player base and ongoing competitive events that continuously attract bettors. In contrast, while Dota 2 maintains a solid position, it is CS: GO that showcases rapid growth, appealing to a younger audience and benefiting from frequent updates and a vibrant betting community.

    Gaming: LOL (Dominant) vs. CS: GO (Emerging)

    LOL's dominance in the Esports Betting Market is driven by its longstanding popularity and a robust competitive scene, creating a solid ecosystem for bettors. Its extensive events, seasonal tournaments, and well-established teams offer consistent betting opportunities, resulting in strong audience engagement. Meanwhile, CS: GO is emerging as a dynamic contender; its rapid growth can be attributed to the frequency of matches, diverse betting options, and a fervent community of players and fans. This combination generates excitement and participation, making it an essential segment within the betting market.

    Get more detailed insights about Esports Betting Market

    Regional Insights

    North America : Leading Market for Esports Betting

    North America is the largest market for esports betting, accounting for approximately 45% of the global share. The region's growth is driven by increasing internet penetration, a surge in esports viewership, and favorable regulations in states like New Jersey and Nevada. The demand for online betting platforms is further fueled by the popularity of games like League of Legends and Fortnite, which attract millions of players and viewers. The competitive landscape in North America is robust, with key players such as DraftKings, Betway, and Unikrn leading the charge. These companies are leveraging innovative technologies and marketing strategies to capture the growing audience. The presence of major esports events and tournaments also enhances market visibility, making it a prime location for betting activities. As the industry evolves, partnerships with gaming organizations are expected to strengthen market positions further.

    Europe : Regulatory Framework Enhances Growth

    Europe is the second-largest market for esports betting, holding around 30% of the global share. The region benefits from a well-established regulatory framework that encourages responsible gambling and promotes market growth. Countries like the UK and Germany are at the forefront, with regulations that support both operators and consumers. The increasing acceptance of esports as a legitimate form of entertainment is driving demand for betting services across the continent. Leading countries in Europe include the UK, Germany, and the Netherlands, where companies like Bet365 and Pinnacle are prominent. The competitive landscape is characterized by a mix of established operators and emerging startups, all vying for market share. The presence of major esports events in cities like London and Berlin further boosts the market, attracting both bettors and investors. As the industry matures, collaboration with esports teams and leagues is expected to enhance engagement and growth.

    Asia-Pacific : Emerging Market with High Potential

    Asia-Pacific is rapidly emerging as a significant player in the esports betting market, accounting for approximately 20% of the global share. The region's growth is driven by a massive youth population, increasing smartphone penetration, and a cultural shift towards esports as a mainstream entertainment option. Countries like China and South Korea are leading the charge, with favorable regulations and a growing number of esports events fueling demand for betting services. The competitive landscape in Asia-Pacific is diverse, with local and international players competing for market share. Companies like Rivalry and Esports Entertainment Group are making strides in the region, capitalizing on the growing interest in esports. The presence of major tournaments and leagues, coupled with partnerships with gaming platforms, is expected to further enhance market growth. As the industry evolves, regulatory clarity will play a crucial role in shaping the future of esports betting in this region.

    Middle East and Africa : Untapped Potential in Esports Betting

    The Middle East and Africa (MEA) region is still in the nascent stages of esports betting, holding about 5% of the global market share. However, the potential for growth is significant, driven by increasing internet access and a burgeoning youth demographic interested in esports. Countries like South Africa and the UAE are beginning to establish regulatory frameworks that could support the growth of esports betting, making it an attractive market for investors and operators alike. The competitive landscape is currently limited, but there is a growing interest from both local and international players. Companies are exploring partnerships with esports teams and events to tap into the rising popularity of gaming. As the region develops its regulatory environment, the esports betting market is expected to expand, attracting more participants and investments. The future looks promising as awareness and acceptance of esports continue to grow across the region.

    Key Players and Competitive Insights

    Leading market players are putting a lot of money on R&D to expand their product lines, which will help the market for weight reduction products grow. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. to grow and endure in an increasingly cutthroat and dynamic market, Esports Betting industry must provide reasonably priced goods.

    Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the global Esports Betting industry to help customers and expand the market segment. In recent years, the Esports Betting industry has provided some of the biggest benefits to medicine. Major players in the Esports Betting market, including Betcris, Luckbox, Bet365,Betfred, Kindred Group, Draft Kings, Esports Entertainment and others, are Trying to achieve to grow market demand by investing in research and development operations.

    Using more than 20 online gaming brands, such as Betsson, Betsafe, and NordicBet, Betsson AB is an online gambling corporation that creates websites for casinos, poker, bingo, sports betting, and scratch cards. The Nasdaq Stockholm Large Cap List includes Betsson Abate establishment of AB Restaurang Rouletter by Bill Lindwall and Rolf Lundström in 1963—later renamed Cherryföretagen AB (Cherry)—which supplied slot machines to Swedish eateries, is where Betsson AB got its start.

    In 1998, Cherry purchased a minority stake in Net Entertainment; a business that it co-founded with Investment AB Kinnevik.In May 2021, with the introduction of the new Europebet brand and a new office in Minsk, Belarus, Betsson increased the scope of its business in Eastern Europe.Betsson is set to provide casino, sportsbook, and poker services under the Europobet name.

    Previously known as GVC Holdings, Entain plc is global sports betting and gaming enterprise. It is a component of the FTSE 100 Index and is listed on the London Stock Exchange. It is the owner of brands like Sportingbet, PartyPoker, Ladbrokes, Coral, and bwin. Under the name Gaming VC Holdings, the business was incorporated in Luxembourg in 2004. A group of four American businessmen led by Steve Barlow launched it with the intention of acquiring Casino-Club, an online casino that had been operating since 2001 and was purportedly the biggest online gambling operator in German-speaking nations.

    In January 2021, Segev is set to become co-CEO of DAZN, the billionaire Len Blavatnik's OTT subscription video streaming firm, it was reported. John Skipper, the chairman of DAZN, stated that Segev will contribute "a wealth of technology and operations expertise to the position.

    Key Companies in the Esports Betting Market market include

    Industry Developments

    July 2022: according to Pontus Lindwall, Betsson's organic growth approach is ideal. The group's organic traffic from Central Asia, Latin America, and Central and Eastern Europe increased the rise by 13% between April and June.

    September 2021: In order to offer its Instant Bank Transfer payment option to SI Sportsbook, the freshly launched online sports betting platform, Nuvei Corporation partnered with 888 Holdings Plc. Leading companies in the worldwide sports betting industry include

    January 2023: Up from 32 in 2021, 36 states now allow sports betting. Furthermore, consumers in the United States have lawfully wagered approximately USD 73 billion on sports throughout the first ten months of 2022.

    Future Outlook

    Esports Betting Market Future Outlook

    The Esports Betting Market is projected to grow at a 14.3% CAGR from 2024 to 2035, driven by technological advancements, increased audience engagement, and regulatory developments.

    New opportunities lie in:

    • Integration of blockchain technology for secure transactions
    • Development of mobile betting applications for real-time engagement
    • Partnerships with gaming platforms for exclusive betting options

    By 2035, the Esports Betting Market is expected to be a robust and dynamic sector.

    Market Segmentation

    Esports Betting Type Outlook

    • Ages 19-25
    • Ages 26-30
    • Ages 31 and Above

    Esports Betting Regional Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Esports Betting Application Outlook

    • LOL
    • CS: GO
    • Dota 2
    • Others

    Report Scope

    MARKET SIZE 202412.92(USD Billion)
    MARKET SIZE 202514.76(USD Billion)
    MARKET SIZE 203556.19(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)14.3% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of blockchain technology enhances transparency and security in the Esports Betting Market.
    Key Market DynamicsRising consumer interest in competitive gaming drives innovation and regulatory scrutiny in the Esports Betting Market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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    FAQs

    How big is the market for Esports Betting?

    The size of the worldwide market for Esports Betting was estimated at USD 9.9 billion in 2022.

    How quickly is the market for Esports Betting expanding?

    The global market is believed to grow at a CAGR of 14.30% during the forecast period, 2023-2032.

    Which region had the biggest market share in the Esports Betting market?

    In the global market, North America accounted for the greatest share.

    Who are the major companies in the market for Esports Betting?

    The leading companies in the industry include Betcris, Luckbox, Bet365, Betfred, Kindred Group, Draft Kings, Esports Entertainment.

    Which type dominated the Esports Betting market?

    The Ages 26-30 dominated the market in 2022.

    Which application in the market for Esports Betting held the biggest market share?

    The LOL had the largest share in the global market.

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