Join Rivalry And Enjoy The Best Casino Games In India – Betting and media company Rivals has released a new year-end report outlining the esports betting industry in 2022, the segment’s trends from the top betting titles to 2023 and beyond. The report provides internal company data and segment commentary.
According to the report, League of Legends, Counter-Strike: Global Offensive and Dota 2 topped the list of the most-betted esports titles of the year. Together, these three games account for nearly 90% of betting on this year’s rivalry.
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However, outside of the «Big Three» we find that Riot Games’ FPS hit Valorant is growing rapidly with what Rivals calls a «serious stakes contender» with a 264% year-over-year increase in volume. «Again, this is somewhat surprising given its similarity to Counter-Strike and the well-established betting culture that surrounds it,» the company added.
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As for other games on the rise, Mobile Legends: Bang Bang rounded out the rankings, eclipsing last year’s StarCraft 2 as the fifth-highest betting esport and the first mobile game to reach the top five. Most ML:BB bets in 2022 were in Southeast Asia, «a nod to its popularity in the region.»
The rivalry also provides insight into the highest-stakes esports titles in 2022 by region. The «big three» continue to dominate the rankings by region. CS:GO was the most popular in Australia, Canada and the rest of the world; When League of Legends took first place in Latin America. For its part, Southeast Asia has chosen Dota 2.
Further findings show that esports bettors prefer live betting over pre-match betting. Of all esports bets placed on rivalries this year, 62% were in-game bets, compared to 38% pre-match. This growth in in-game betting reflects the segment’s experience and growth seen in traditional sports betting, indicating competition, which expects this trend to continue.
Crossover with traditional sports is also addressed in the report, showing which sports are most popular among esports bettors. The top five are as follows: basketball, football, American football, baseball and hockey. According to Rivals, more than 50% of people who bet on branded esports in 2022 also bet on traditional sports.
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What to expect from 2023 Rivalry says that with Valorant’s impressive 264% annual bet growth in 2022, it has a chance to break into the top three next year. The company also predicts continued growth in mobile gaming, which it describes as «the fastest growing segment of the gaming industry.» In March, the company added mobile games to its sports betting offering to tap into the growing market.
«2022. It’s an incredible year for the rivalry, and an equally exciting one for the broader esports betting segment,» said CEO Steven Salz. «We continue to expand our growth as a business, with average growth of 29% month-on-month from January to October, while our esports betting customer base has similarly increased in size and volume of bets over the period.»
«From our leading position in esports betting, we’re happy to share our experience, trends and prospects. Wrapping Rivalry not only speaks to specific aspects of the betting segment, but also where esports trends are going in general,» he added. «We bet on that.» The correlation we see between activity and audience growth, just like you see in traditional sports.» Copyright © 2023 Hipther Agency. Registered in Romania under Proshirt SRL, Company Number: 2134306, EU VAT ID: RO21343605. Office Address: Blvd. Dec 1 , 1918, No. 5, Targu Mures, Romania
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TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) — Rivals Corporation (the «Company» or «Rivals») (TSXV: RVLY ) (OTCQX: RVLCF ) (FSE: 9VK ), an internationally regulated sports betting and media company, today announced eight new Announces expansion of its casino offering with range of games including Roulette, Blackjack, Baccarat and more. These include a variety of single-player table games, as well as live dealer and multiplayer offerings that will be added to the rival’s proprietary casino product, Casino.exe.
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«Our entry into the casino segment last year provided valuable business diversification, adding incremental revenue and reducing seasonality in sports betting, improving margin stability and driving profitable customer unit economics,» said Steven Salz, Rivals Company. – Founder and Director. «We expect this expansion of our casino offering to further increase revenue potential and drive sustained engagement among our users with a curated list of games tailored to our demographic.»
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The continued expansion of Rival’s portfolio of casino games began last summer with the addition of four new games to its initial product offering, Aviator, in November. The casino has already made an immediate material impact on the company, contributing 30% of bets and 15% of revenue, with minimal marketing efforts in the third quarter of 2022.
«Our strategic approach to customer engagement is reflected in our casino offering and gaming suite, leveraging product innovation to create a customized and proprietary experience that caters specifically to our core customer demographic,» Salz continued. “This strategy has allowed Rival to differentiate itself from competitors and meet changing consumer needs with a curated, fun and social experience. This focus is reflected in our game selection, prioritizing interactive and multiplayer titles that contrast with the traditionally isolated casino gaming experience and are better equipped to serve our audience.»
All eight newly added games will be hosted on Casino.exe, a first-of-its-kind casino user interface designed to provide a fun and interactive gaming experience unique to Rivals. The company will continue to develop Casino.exe with new features and release additional games developed by third parties and its own company for the generation of born bettors.
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