eSports is a burgeoning market in the gaming industry around the world, and we are seeing some big brands react in a big way. Many prestigious venues across the country have opened up eSports arenas, and Planet Oasis is next. Soon, Columbus, OH will be home to one of the biggest eSports venues in the world.
State-of-the-Art eSports Facilities
The new Planet Oasis eSports arena will be a multi-billion dollar development that will occupy 350 acres. It will be a whole entertainment complex with indoor and outdoor sports facilities, a conference centre, retail spaces, restaurants and bars.
It will certainly be a huge undertaking, and it will take two years to complete. Construction on the new Planet Oasis eSports arena will begin at the end of 2018. It is expected to be open to the public by 2020.
In the meantime, the hub of eSports in America will remain The Luxor Casino. The Las Vegas destination opened up in March 2018, and has been thriving for months. It is a 30,000 square foot venue which includes a competition stage, 50-foot video wall, a broadcast centre and production studio. This venue definitely led the way in terms of eSports arenas in America, and we’re sure to see many more similar destinations pop up over the course of the next few years.
Hand-in-Hand with Sports Betting
With more states opening up their sports betting markets, a new eSports arena is the perfect addition to the American gaming world. eSports are becoming a very popular market when it comes to betting, with plenty of bookmakers providing punters with the chance to wager on the outcomes to League of Legends and CS:GO tournaments.
There are over 300 million people who watch eSports competitions around the world, and that number is expect to nearly double by 2020. Surely, many of these viewers will want to wager on their favourite teams, which makes this the perfect time for sports betting to be regulated in America.
There is definitely potential to eSports to become a huge industry in America and around the world, and this would definitely have a knock-on impact on the sports betting market. It is estimated that eSports revenue could grow to over one billion by the year 2021. Currently, North America is in the lead with a market that is worth $345 million. In fact, there are $162 million worth of eSports sponsorships.
eSports are getting ready to blow up in America, just like they have across Asia. Planet Oasis is perfectly positioned to become a major player in the eSports market, and we are excited to see where the industry is headed in the future.