Ladbrokes calls time on esports market

UK bookmaker Ladbrokes is believed to have stopped offering betting on esports.

The vertical has been seen almost universally as a growth area within the betting industry, especially because of esports’ popularity among young adults.

However, while Ladbrokes has in the past offered a comprehensive range of wagers on the likes of Dota 2 and CS:GO, its website’s esports section now redirects to the home page.

While Ladbrokes has not made an official announcement, eSports Betting Report said a customer support operator responded to a query by explaining that it is not presently offering wagers on the sector.

The representative said: “It has been taken away currently. A decision has not been made yet on its return.”

Ladbrokes previously offered markets on major tournaments as well as in-play betting on some events.

Esports fans are projected to bet about $23.5 billion (€21.3 billion) on the sector by 2020, according to market research by Eilers.

bitcoin
Bitcoin (BTC) $ 22,968.15 3.93%
ethereum
Ethereum (ETH) $ 1,683.63 5.41%
tether
Tether (USDT) $ 1.00 0.03%
usd-coin
USD Coin (USDC) $ 0.999658 0.18%
bnb
BNB (BNB) $ 320.19 1.91%
binance-usd
Binance USD (BUSD) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.363595 3.92%
cardano
Cardano (ADA) $ 0.512586 4.06%
solana
Solana (SOL) $ 39.56 7.33%
polkadot
Polkadot (DOT) $ 8.65 5.72%
S&P 500  ^GSPC 
$4,122.47  $17.59  (-0.42%)
Dow Jones Industrial Average  ^DJI 
$32,774.41  $58.13  (-0.18%)
NASDAQ Composite  ^IXIC 
$12,493.93  $150.53  (-1.19%)
Russell 2000  ^RUT 
$1,912.89  $28.31  (-1.46%)
Crude Oil Sep 22  F*CL.NYM 
$89.59  $0.9100  (-1.01%)
   
$0.0000  $0.0000  (0.00%)