Virginians will be pleased to know that eSports was included in the package of sports that are now considered legal in the state.
eSports – What is it?
eSports (video game play at the highest professional level) has transformed competitive gaming betting.
With its roots in the LAN gaming ‘underground’ communities of the late ‘90s and early 2000s, respectability, marketability and popularity of eSports has followed.
Today, it has become a full-fledged billion-dollar industry, and an official network of professional gaming tournaments and leagues playing games like Rocket League, Overwatch, Dota 2 and Fortnite. With each passing tournament, the prizes get richer and viewership increases.
Naturally, when money is there to be made, sports-bettors follow.
A global gambling scene has developed in eSports, with a full range of international bookmakers framing betting markets on the major network of global eSports tournaments.
Rather than creating a dark underground economy in Virginia, legalized betting on eSports could well will assist in easing the sports betting legalization process in the state, and thereby adding to the state’s tax revenues to pay for infrastructure projects and improved state services like health, education and aged care services.