Tag: market growth
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eSports Betting Market Growth: An Analysis of Forex Trading
The global eSports betting market is projected to reach a value of over USD 33.5 billion by 2025, with the market showing strong growth in recent years. This rapid growth has been driven mainly by the increasing popularity of digital video gaming and the emergence of technological advancements, such as virtual reality. In addition, the availability of more payment options, favourable regulatory policies, and better odds have also contributed to the growth of the eSports betting market. Furthermore, the growing pool of professional gamers, rising adoption of esports-related technologies, and the increasing prize money for esports tournaments are some of the factors that are expected to drive the market growth over the forecast period.