As the almost-billion-dollar esports betting industry expands, companies are seeing green beyond early-stage challenges


The COVID-19 pandemic has jump-started a period of growth for the esports betting industry, and companies in the space are working to address the unique challenges that come with this relatively new way to gamble.

The U.S. sports betting market has grown considerably since the Supreme Court ruled that the practice was legal in 2018. The current size of the market is $9.5 billion, and it is projected to reach $37 billion by 2025, according to asset management firm ARK Invest.

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