Atlantic City To Invest $700K In eSports Events Within The Next Two Years
The big news is coming from Atlantic City for eSports fans and eSports betting fans in general. The Casino Reinvestment Development will invest $700,000 in promoting eSports events in the next 18 months, announced the Atlantic City Press this week. The idea is to bring millennials and other young personalities to the resort by prompting eSports events at the Atlantic City Convention Center and the Jim Whelan Boardwalk Hall. All the events will be put together by the Ingame Esports Inc.
“It may sound odd to many of us, but thousands of people sit around and watch people play video games,” said CRDA Executive Director Matthew Doherty. “This may be the future of spectator sports. “It’s a big deal in colleges,” said Board Chairman Robert Mulcahy III. No idea how old Doherty and Mulcahy are, but they sound old. We have been telling for months that eSports gaming is a big deal and sports betting entities should get on this. Well, Atlantic City finally hopped on board. “All the IT monsters out there,” Doherty added. “It brings other folks into town as well … who may have no other draw to come here except esports.”
Ingame Esports Inc Has A New Office
Ingame Esports Inc has now an office in Atlantic City and one of its co-founders L. Anthony Gaud lives in Linwood, New Jersey. Is now up to the Casino Reinvestment Development to figure out which events they will back up with the funding and the dates for 2019 and 2020. “There are communities building stadiums for this,” said Mayor Frank Gilliam, who is on the board. “These folks are paid like professional athletes just for pushing buttons. It’s something in my opinion that puts Atlantic City on the edge of something different and new.”
The Ocean Resort Casino in Jersey will have an eSports competition from December 21st to the 23rd. In Philly, the NSG’s Eastern Conference Championship will have a $30,000 prize pool. In August, CNN reported 380 million people worldwide will watch eSports in 2018. Those numbers provide by Newzoo, the Mobile Market Research and Data Company for gaming, includes 165 million eSports enthusiasts.
“eSports players, not unlike traditional athletes, can rake in big money: Tournaments can boast millions of dollars in prize money, which is typically split between the players on the winning teams. That means the world’s very tip-top players can easily earn seven figures in a year. Teams and event organizers also benefit from tickets sales for these competitions. That popular League of Legends tournament from 2017? It generated $5.5 million in ticket sales,”, read the report by CNN.
That’s the market that the Casino Reinvestment Development in Atlantic City is looking for. “It’s going to be an interesting experiment,” Board Chairman Robert Mulcahy III added. We wait for the dates of the first few events in 2019 as well as the rest of the schedule for the next year and a half of eSports events to be held in Atlantic City. This is certainly great news for eSports betting fans.