Over the past few years, esports, which is best described as
organised and competitive video game playing, has witnessed immense
growth transforming it into a central form of entertainment all
over the world, with the industry amassing one billion US Dollars
in revenue for the first time in 2019. The growth of this industry
boils down to numerous factors, including inter alia, the
inauguration of various professional leagues, development of
purpose-built arenas and facilities, increased sponsorship deals
and partnerships, amplified global interest and the provision of
high-quality content for gamers and betting enthusiasts alike.
The void left in live traditional sports as a result of the
COVID-19 pandemic placed esports in a key position to offer a
highly entertaining and viable alternative within the gaming
industry further portraying the industry's resilience and
unprecedented growth. Major sporting events such as Formula 1,
NASCAR, NFL and the NBA amongst others
