Last weekend, Nevada governor Brian Sandoval officially signed a bill that creates wagering on professional video gaming, referred to as eSports, legal within state lines. Senate Bill 240, which was written up by Nevada senator Becky Harris, makes an amendment on the state’s existing parimutuel wagering that features “other events” including eSports, horse racing, animal races, etc.
The new bill will allow Nevada sportsbooks to simply accept bets on eSports along with other things, including awards shows. However, political bets are still up against the law. The bill was passed unanimously inside the state senate and assembly. The Republican governor’s signature in the SB40 was fully expected. Last fall, the Nevada Gaming Control Board gave a tight schedule-ahead around the recommendation from the Gaming Policy Committee to permit local sportsbooks to take bets on eSports events. Shortly thereafter, the Gclub took over as the first bookmaker inside the state to offer you eSports betting.
So, eSports betting has technically been legal since last fall, although the signing from the new bill ensures it will remain so to the near future. Some say that eSports is as popular with millennials as traditional sports for example basketball. Given how the sport has burgeoned lately, it’s kinda hard to argue using that. ESports are common over television nowadays, and events can sell out major arenas all over the world.
So, given that you’re able to bet on eSports in a Vegas casi-no, exactly what does it mean with regards to the international demand for the sport? Will This Generate Revenue in Nevada? Las Vegas certainly doesn’t have a tourism problem. In spite of the bill not needing passed until this week, a brand new eSports arena opened way back in March that is certainly anticipated to 53dexlpky a whole new audience to Vegas. While it’s a city recognized for its over-the-top glitz and glamour, nearly all of Vegas’s tourism industry revenue originates from convention-goers of the older demographic. While that’s all fine and dandy, that’s definitely not a thing that appeals on a large scale to some younger audience.
Obviously, competitive video gaming is a thing that does. This is a 15,000-seat arena designed specifically to host major eSports tournaments. It really is designed similarly for your standard basketball or hockey arena, complete with tunnels for your “athletes” and concession stands. Vegas is effectively looking to get caught up in the burgeoning industry. Passing the bill and opening a sparkling new arena certainly puts the metropolis (and state) on the right course. 323 million people watched eSports coverage on television this past year alone, which number is predicted to top 380 million once 2017 will be all said and done.