By Alan Maxi
E-sports is not an emerging but prospering industry now. Given the current world scenario where stepping out of our dwelling can be next to jeopardizing our own lives, e-sport is an adequate substitution to that. Online Gambling world has turned out to be one such e-sport.
Online Gambling, also addressed as internet gambling, has been the tradition of Asia since the olden times. Online Gambling has occupied a substantial space in the Asian market and the American market and is ever-expanding. The sport of Gambling has evolved into an e-sport and has gained more massive outreach over the years. The technological revolution of the Gambling into the online form has helped the gaming industries to evolve. It is only through the online mode; currently that gaming companies are leveraging their best of resources to make online e gambling omnipresent.
The Regulations
While physical casinos are highly regulated, online casinos cannot be regulated in the same way. Therefore they can avoid many of the regulatory barriers that are faced by normal Gambling. As a consequence, they are becoming a major hit in the present times.
The lack of regulations, however, does not mean that all these companies are fraudulent. Many of them are functioning with a vast user base between them. And many of them are located in Asia, mostly because physical Gambling is not so much of a popular sport in Asia except for horse racing, cricket betting, etc.
The Bigger the better
The bigger the viewership of e-sports gets, the bigger the market for online Gambling will get. Therefore with huge projected growth rates for regular dedicated e-sports viewership, online Gambling was also supposed to increase.
With increased betting, the amounts invested, profits to be earned, and, most importantly, the bounties will increase in value.
Will the pandemic help the industry grow?
With the COVID-19 pandemic, unlike all other sectors, the online sectors have grown significantly. While no clear data is present yet, but the E-sports viewership must have also increased. And as a result, the online gambling sector has grown. Asia and the USA being the existing popular markets for online Gambling, the massive impact of COVID-19 may mean good news for the industry.
The world of Online Casinos and esports
Dedicated online casinos are unlike e-sports betting sites, and they specialize in only certain games. These are very popular in Asia and have given rise to specialized online casinos like BolaKing Asia, also Popularly known as BK Asia. The company got a large proportion of its operations in Malaysia and is registered in Malta.
Websites like BK8 are an integrated platform for all kinds of online gaming activities, including online Gambling. Therefore, Bola King has a greater chance of integrating the concept of online casinos with esports betting. And therefore, introduce the two audiences to the other kind of Gambling. Therefore BK8 has the potential to create a more extensive online gambling revolution not only in Malaysia but in entire Asia.
