William Hill US is getting ready to be the first gaming operator which receives a license for eSports betting in Nevada. Bettors are able to wagers bets on eSports in Las Vegas beginning from this week.
Is eSports betting legal in Las Vegas? It is absolutely legal beginning from this moment. Thanks to William Hill US eSports betting in Nevada has become a reality. Popular US online betting site William Hill US has managed to obtain gambling license to get involved in eSports betting in Nevada.
Nevada Gaming Control Board (GCB) granted permission to William Hill and the Downtown Grand Hotel and Casino to hold eSports tournaments and accepts bets on eSports in Las Vegas and the rest of the state of Nevada.
The Silver State is known as the heart of gambling in the United States of America mainly thanks to the Sin City Las Vegas. Compared to the other 49 US states, Nevada gambling laws are quite liberal. With the legalization of eSports betting in Nevada, the state is expected to strengthen its domination over the US gambling industry.
Nevada Governor Brian Sandoval was bold enough to state this zeal of the state. He said that “[GCB’s announcement] is a major step toward ensuring Nevada becomes the e-sports capital of the world. By embracing this unique opportunity and incorporating innovation and technology into our gaming industry, we’re expanding the potential of one of our older industries.”
Legalization of eSports Betting in Nevada Constitutes Example for Other States
United States gambling laws are quite complicated as some of the states regulate gambling to generate revenue while the others abstain from gambling-related activities all together. However, there is one truth which may not be ignored by the non-gambling states forever: eSports is one of the fasting growing industries in the world. According to the US online eSports news, eSports is expected to generate $463 million in betting revenue. This number is expected to exceed $1 billion by 2019.
Forbes’ claims went even further as their predictions suggested that eSports betting wagers would reach $30 billion by 2020, with over 15 million bettors. We are talking about huge hike in revenue within a period of 4 years.
Even NBA has realized the potential of eSports. NBA Eastern Conference side Philadelphia 76ers acquired eSports teams Dignitas and Apex this year. The 76ers have already invested a lot to provide the eSports players with all the facilities and services they need to achieve success. This is one of the significant proofs of the notable place reached by the eSports industry.
It is expected that there will be more betting sites to accept bets on eSports in Nevada in the near future. If you are interested in eSports betting in Nevada, you can go ahead and check William Hill or read our detailed William Hill Sports Review.