A Pennsylvania lawmaker just recently proposed a new legislation that would legalize betting on esports, which are video games on a professional level. According to Rep. Neilson, Philadelphia is in the process of building multi-million dollar facility that will be dedicated esports events and tournaments. The esports industry is now worth nearly $1.2 billion and could be worth as much as $5.5 billion by 2029, according to a report by Fortune Business Insights. If the proposal goes through it could lead to a whole new audience of sports bettors as there’re hundreds of millions of people who play online video games.
Pennsylvania Lawmaker Proposes Esports Betting
January 30, 2023