Discover The Meteoric Rise Of eSports Betting In The Online Gambling Industry
Over the course of 2020, eSports betting has seen a meteoric rise and established itself as an important part of the gambling industry. Amid the global pandemic, the eSports betting market has taken a step forward and filled the void caused by the cancellation of most of the traditional sporting events.
Perhaps the best indicator of the increasing profile of eSports betting within the overall gambling industry is the Rising Star Award that the Luckbox platform received last week at the EGR Operator Awards 2020, an event widely regarded as “the Oscars of the egaming sector”.
How Did eSports Betting Rise In The Online Gambling Industry This Year?
Receiving the EGR Award is one of the most prestigious honors in the gambling industry. The EGR rewards operators that stand among the competition in numerous categories, with the Rising Star being one of the most important. Other categories include the best casino and sports affiliate, best sports, horse racing, and in-play operator, and the award for top mobile operator and the best marketing campaign. By winning this award, Luckbox has found itself in the chosen company of gambling giants such as bet365, Bovada, Betsson, Evolution Gaming, Mansion, FoxBet, or Paddy Power.
The Rising Star award honors the companies that exist no more than three years and that have shown remarkable growth in that time establishing themselves as a force within the industry. The award committee takes into account the innovative approach, operational excellence, and commercial success of the candidate companies. In the reasoning for the Rising Star award, the jury noted that Luckbox stood head and shoulders above everyone else in the category, became the first company in its field to provide real competition for the large traditional books, and provided a great presentation showing that the company really understands the egaming business.
Besides winning the Rising Star award, Luckbox was also nominated in Esports Operator of the Year and In-House Product of the Year categories.
Commenting on the award, the CEO of Luckbox. Quentin Martin, said that he feels that the gambling industry is starting to take notice of eSports betting and is beginning to take it more seriously. He added that the times when eSports betting was seen as something of a novelty are behind us and the Rising Star award for Luckbox proves that eSports betting is getting the respect it deserves.
Betting CS:GO, Dota 2, LoL, Overwatch, Call of Duty, FIFA Games Online
The Rising Star award at the EGR event is just a cherry on top of the incredibly successful year the Luckbox has enjoyed. Since the start of 202, the platform saw an astronomic rise in both the average bet size and the monthly turnover. At the moment, the company is making the final preparations before being publicly listed on the Toronto Venture Stock Exchange. In the meantime, Luckbox continues to provide the top of the line experience to eSports bettors. The platform features pre-match, in-play, and prop betting for most of the gaming events including CS:GO, Dota 2, LoL, Overwatch, Call of Duty, FIFA, and plenty of other popular games. The platform also features live streams of major gaming tournaments and offers a wide range of payment options including cryptocurrencies.