Esports, also known as esports, refers to the competitive playing of video games at a professional level. It has gained immense popularity worldwide, with millions of people tuning in to watch major tournaments and leagues. In Australia, Esports is rapidly growing and gaining recognition as a legitimate industry. With the rise of online gaming https://hellsbet.com/en-au/ and streaming platforms, more and more people are taking an interest in Esports, making it a potential billion-dollar industry in the coming years.
The Growth of Esports in Australia
The growth of Esports in Australia can be attributed to several factors. Firstly, the rise of technology and internet accessibility has made it easier for people to connect and play games online. This has led to the creation of more gaming communities and the rise of online gaming tournaments.
Secondly, the pandemic has played a significant role in the growth of Esports in Australia. With restrictions on physical activities and events, many people turned to online gaming as a way to stay connected and entertained. This has led to a surge in the number of people playing and watching Esports tournaments.
According to a report by Newzoo, a market intelligence firm, the global esports industry is expected to generate revenues of $1.08 billion in 2021. Australia, being a part of this global industry, is also expected to experience a growth in revenue generated from Esports.
Popular Esports Games in Australia
Several games have gained popularity in the Esports scene in Australia. The most popular games include:
League of Legends – A multiplayer online battle arena (MOBA) game, where players form teams and battle against each other in a virtual arena.
Fortnite – A battle royale game, where players fight to be the last person or team standing.
Overwatch – A team-based first-person shooter game, where players select different characters with unique abilities to compete against each other.
Counter-Strike: Global Offensive (CS:GO) – A first-person shooter game, where players form teams to eliminate the opposing team.
Dota 2 – Another MOBA game, where players form teams and battle against each other in a virtual arena.
These games have gained a significant following in Australia, with millions of players and fans tuning in to watch major tournaments and leagues.
The Role of Organizations in Supporting Esports in Australia
Several organizations have played a significant role in supporting Esports in Australia. These organizations include:
The Australian Esports Association (AESA) – The AESA is a non-profit organization that aims to promote and develop the Esports industry in Australia. They provide support to players, teams, and organizations, as well as work to establish a recognized national governing body for Esports in Australia.
Gfinity Esports Australia – Gfinity is a professional esports league that operates in Australia. They host several tournaments and leagues for popular games, including CS:GO, Rocket League, and Street Fighter V.
The Australian Cyber League (ACL) – The ACL is one of Australia’s oldest esports organizations, founded in 2003. They host several tournaments and leagues for popular games, including Dota 2, Overwatch, and Rainbow Six Siege.
The Oceanic Pro League (OPL) – The OPL is a professional league for League of Legends in Australia and New Zealand. It is run by Riot Games, the developer of League of Legends.
Esports Betting in Australia
As Esports continues to gain popularity in Australia, so does Esports betting. Esports betting involves placing bets on the outcome of Esports tournaments and leagues. It is a growing industry that is attracting a lot of attention from both fans and investors.
The Legal Status of Esports Betting in Australia
In Australia, Esports betting is legal and regulated by the government. The Interactive Gambling Act of 2001 regulates all forms of online gambling, including Esports betting. However, the act prohibits any form of online in-play betting, meaning that bets must be placed before the start of the event. This is to prevent the possibility of match-fixing or any other unethical practices.
The Future of Esports Betting in Australia
As Esports continues to grow in Australia, so does the Esports betting industry. With the rise of online gaming and streaming platforms, more and more people are taking an interest in Esports, making it a potential billion-dollar industry in the coming years. The Esports betting industry is expected to grow alongside the Esports industry, as more fans become interested in placing bets on their favorite teams and players.
However, it is important to note that there are concerns regarding the potential risks associated with Esports betting. As with any form of gambling, there is a risk of addiction and financial loss. There are also concerns regarding the potential for match-fixing and other unethical practices within the industry.