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THE ESPORTS MARKET KEEPS GROWING – BENEFITS AND RESULTS OF THAT

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The esport is a flourishing global industry that organizes competitive tournaments for video game players.

Reasons Why Esports Market Keeps Growing

Revenue growth and contributing brands

Revenue growth and brand are the highest contributions to the growth of the esport market. Some firms have already made large esports marketing efforts and realized the potential of getting into the esports market. As a result, the industry’s revenue has increased intensely in recent years.

Games Live Streaming Audience and esports betting

The number of people watching gaming live streams is another main reason the esports market is growing exponentially. In addition, the esports market has seen an increase in the percentage of live streaming and betting audiences throughout the pandemic period. These occurred due to the increased time spent at home due to the social distance required and health safety precautions.

Before placing bets on esports matches and tournaments, it is essential to find the best esports betting site.

Esport Awareness

One of the primary reasons for the increase in esports viewership is that more people are becoming aware of the sport. Since 2015, there has been a massive increase in public awareness of the esports business. For various brands, the esport awareness has indicated that they have added new channels to their market. As a result, the electronic sports market has reached out to many people around the world. As a result, the Esport market has conveyed its marketing messages through many engaging channels.

Rise Of Platforms Offering Live Coverages

Many people watch esport videos and events on live coverages. In addition, esport streamers use various platforms to broadcast live coverages of events and their gameplays. By having these platforms, fans can now participate in their favorite events and easily engage with their preferred esport athletes. Even if not all of the viewers and broadcasters on these platforms are interested in esports, the increase impacts the electronic sports market.

Benefits Of Esport

Lowers Stress

Perhaps this is the main reason that draws many of us to gaming in the first place. Playing video games with your friends over the internet is one of the most effective ways to relieve stress and have a nice time.

Although gaming is not a solution nor an escape from your troubles, it does provide you with some breathing room. Professional gamers provide the same level of enjoyment as watching a football or basketball game. You can even place wagers on your favorite athletes. To minimize overspending, you should set a betting limit. Gaming is comparable to any other pastime, such as gardening, reading, or golfing.

Collegiate Scholarships

The growth of the esports market has brought about the creations of scholarship institutions. Aside from cognitive benefits, Players who participate in the leagues are placed in national scouting and earn an esports scholarship program available at over 280 institutions.
These programs function similarly to traditional programs and are occasionally run by athletic departments at colleges.

Problem-Solving Skills

Gaming, particularly competitive gaming and esports, helps players collect and understand large volumes of data and solve problems at an incredibly fast rate. According to research, people who actively participate in video games have a greater chance of navigating through complicated psychological issues than those who do not.

Career Opportunity

There are various opportunities relating to electronic games available in today’s world. Electronic sports offer a huge industry for gamers to work in. Below are a few highlights:

  • Content Development

Everything in this online world, from selling to promotion, is done through social media. For example, you can make a lot of money by writing about games and earning money. Several social media companies, such as YouTube, pay well for these kinds of works.

  • You Can Be A Contract Player

Electronic sport is becoming more popular by the day. As a result, many businesses are employing gamers to compete in their official tournaments. However, the majority of these contracts are for a year or less. In addition, these businesses hire and train their teams to compete against other groups of businesses.

  • You Can Earn Money Through Sponsorship

Sponsorship brings a lot of money to the e-sports market. On social media, various campaigns are running. Sponsors and players receive an equal share of the revenue generated by these sites.

Helps You Socialize And Meet New Friends

Sitting on your couch, you may effortlessly socialize with individuals all around the world. However, there are a variety of platforms and websites where you may play games with other people in just a few clicks. One of the most rewarding aspects of joining the esports community is meeting new people who share your passion. In addition, you can hold a friendly competition since most of the games are multiplayer, which encourages cooperation. If you’re a teammate, you must work together with your teammates. You must lead your squad to victory if you are the leader. Apart from that, engagement with different cultures and exposure boosts self-confidence.

Conclusion

Electronic sport is a market growing fast in the economy and generates global revenue, and attracts audiences. So if you wish to invest in a fast-growing business, esports is the place to be. With its great rewards and growth rate, you can conclude that its bound to be big.

Asia

The bronze at the CEC 2022 opens up new horizons for Indian esports internationally

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India’s DOTA 2 esports team’s victory at the CEC 2022 is a significant milestone in the history of the Indian esports and gaming ecosystem. It will open up new horizons for aspiring athletes who dream to compete in international tournaments in the future, thereby encouraging young gamers to pursue full-time careers as athletes. The win will open floodgates for subsequent industries to rise, birthing new-gen pro-gamers, careers, tournaments, brand associations and sponsorship opportunities among others. As the country celebrates 75 years of Independence, this victory marks a historical achievement for India in the international gaming arena.

The Indian DOTA 2 esports team displayed a smacking performance and won the bronze at the inaugural Commonwealth Esports Championships 2022 (CEC) held recently in Birmingham, England. The winners of the Indian DOTA 2 team, consisting of Moin Ejaz (captain), Ketan Goyal, Abhishek Yadav, Shubhnam Goli, and Vishal Vernekar, defeated New Zealand by 2-0 in an unsurpassed format.

Up until 2010, esports as a concept was relatively obscure in India and rather non-existent, with low public awareness, lack of infrastructure, and little involvement in the development of this sector. However, 2010 saw an enormous surge in the user base due to the popularity of smartphones, affordable high-speed internet, and notable investments in the space.

According to a report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and EY India, the Indian esports industry rose to INR 3 billion in FY2021 and is expected to reach INR 11 billion by FY2025. This only confirms that the growth opportunity for esports in India is exponential and expansive.

Bharat Patel, Co-Founder, and Director, of Yudiz Solutions Limited, said, “A big congratulations to team India for claiming the bronze medal at the Commonwealth Esports Championship for DOTA 2. A remarkable achievement, considering the countless scrims, lengthy LAN games, and complex strategies involved.” With reference to esports athletes, he further shares, “the intelligence, mettle, and enthusiasm DOTA players display is utterly amazing. This win will boost the morale of the younger generation to become more active participants, encouraging the industry and the gaming community going forward.”

Anurag Khurana who is the CEO & Founder of Penta Esports said, “Congratulations to team India on winning the bronze medal at CEC for DOTA 2. This win will surely bring esports more recognition in India and inspire more aspiring esports athletes at the grassroots level in the country.”

Talking about the win Abhishek Aggarwal, Co-Founder, and CEO, of Trinity Gaming India, said, “These are exciting times for the esports industry and a very proud moment for the country and the gaming community. This win by the DOTA 2 team at the Commonwealth Esports Championship has earned a spot for India on the global gaming map and the future of esports looks very bright. This will encourage a new breed of gamers to build their careers leading to a larger pool of talent in the country. This is also an opportunity for brands to step forward in supporting the industry and encouraging the new athletes who aspire to have a career in this arena. We, as industry players, are confident that the government will support this form of the sport by providing adequate support to the esports athletes.”

The Indian esports ecosystem witnessed its first international representation (demonstration) at the Asian Games in 2018. Tirth Mehta, who won a bronze at the time, drew the attention of many developers and investors and their interest in Indian esports grew. Coverage and promotional campaigns on various online social media platforms like YouTube, Facebook, and Instagram increased public awareness and further stimulated the popularity of esports in India.

As esports is declared as a medal event at the next Asian Games and Commonwealth Games, India’s performance and win at  CEC 2022 have upped the ante for Indian esports in the international arena.

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ONAIR ENTERTAINMENT ROLLS OUT AUTO ROULETTE

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OnAir Entertainment, the provider of cutting-edge live casino content, has announced the launch of Auto Roulette, a sleek, immersive live roulette experience that puts the player in control. Auto Roulette goes live with OnAir Entertainment partners today, exclusively via the Games Global platform.

The new Auto Roulette studio is a visual feast in blazing neon, transporting players to the coolest casino in town. Its first-class streaming technology promises vibrant, uninterrupted video, while multiple camera angles provide an immersive, cinematic experience, enhanced by soothing ambient background music.

An intelligent and intuitive user interface eliminates the hassle, allowing players to concentrate on enjoying the game. And a state-of-the-art language generator lets players choose their preferred language in one click from 20 available.

Launched in 2020, OnAir Entertainment aims to disrupt the live casino product monopoly through a passion for innovation and technical excellence, delivering gaming experiences of the highest quality. Its games are now available in key regulated markets, including the UK, Sweden, Denmark, the Netherlands, Ontario, Greece, the Isle of Man, and Malta, with further expansion on the horizon.

Armands Zalitis, Head of Product at OnAir Entertainment, said “We are thrilled to release Auto Roulette, where the players will be immersed in an exhilarating experience with more power to control the ambiance. We have achieved this wonderfully designed user interface thanks to hard work and dedication of the people that make up OnAir – where the passion to create new experiences motivates us to accomplish amazing things.”

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Frooty Temptation Colourful MERKUR fruit cocktail from edict eGaming

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Frooty Temptation Colourful MERKUR fruit cocktail from edict eGaming
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Sweet apples, juicy oranges and refreshing watermelons – fruit symbols have been popular with online gamers for many years. Now, with the new MERKUR game Frooty Temptation, Gauselmann Group subsidiary edict eGaming GmbH is offering operators the possibility to tempt their players with an even fruitier gaming experience.

The fruit game is played on five reels with five paylines. The wild symbol provides a particularly sweet surprise: if the diamond appears on one of the reels, it tops up to the highest possible line win at any point on the line. But the diamond is high carat in two respects. It not only replaces all the other game symbols, but also serves as a multiplier. If it appears on reels two, three, four or five, it doubles the winnings.

“edict is known worldwide for its extensive games portfolio, which in addition to popular classics also includes gaming innovations that set new accents in the market. Frooty Temptation now combines both in a single game: classic fruit symbols coupled with an exciting wild feature promise online gamers an even richer gaming experience,” says Dominic-Daniel Liénard, CEO of edict eGaming GmbH.

As a proven specialist in the development of B2B online casino solutions for the national and international market, edict is continuously expanding its offering and provides the games on a reliable and secure system platform. Operators are thus able to offer their players a sustainable, diversified and trusted online casino and, as a result, establish long-term customer loyalty.

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