Competitive Video Gaming and eSports Is on the Rise: Here’s What You Need to Know

Twenty years ago, video gaming was nothing more than a fun competition between friends where the winner basically only won bragging rights until the next game was played. Fast forward to present day, and gaming has transformed into a $900 million market where the prizes are much richer than bragging rights, and the competitions are much more profitable.

Although the eSports and competitive gaming industry is still very young, studies show that it’s on its way to becoming a multi-billion dollar industry, growing 22% year-over-year, pulling in profits left and right. And like any other popular sport where money is involved, the bettors are sure to follow.

eSports Betting & Gambling

After the U.S. Supreme Court gave the green light for all states to establish their own sports-betting laws, New Jersey made sports betting legal. Although it’s now legal for fans to partake in sports gambling at the Meadowlands; for eSports, that is not the case. The new law made it clear that betting on eSports is illegal. However, any person that really wants to bet on an eSports or video game tournament can find a way to do so online, from the convenience of their own home.

People have been gambling for years, both legally and illegally, so what’s the concern with betting on eSports tournaments? For one, while the eSports sector is a growing and popular industry with unlimited potential, it lacks any kind of regulatory body and is poised to attract an unwanted audience into the world of betting. The eSports Integrity Coalition (ESIC) has been tasked to keep a watchful eye on the eSports professional gaming industry by performing mandatory monitoring and reporting on any unusual gambling movements. These are all steps in the right direction to obtain a more regulated playing field; but will it last?

800-GAMBLER & eSports Betting

The Council on Compulsive Gambling of New Jersey is well aware of the burgeoning risks associated with eSports and gambling in Monmouth County and its surrounding communities. One of the biggest concerns that the CCGNJ has in regards to eSports betting is the possibility of more underage gamblers, as gaming is more popular with younger demographics.

To this end, the CCGNJ encourages parents and guardians alike to talk to their children, check up on their online activity and make sure they are gaming safely. However, if you or a loved one is in over your head, know that hope, support, and treatment is only one call away. Contact 1-800-GAMBLER for 100% confidential help today!


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