An air of frustration hung over an esports betting panel at the SBC Summit North America in New Jersey back in May. Esports wagering through sportsbooks was supposed to have exploded by now, or so everyone thought. Instead, only a handful of states had either legalized esports betting or specifically approved wagering on the events, which involve video games.
“The U.S. has had a difficult enough time getting its act together on sports betting,” said Roger Quiles, a leading esports attorney. “When you compound that with the misunderstanding a lot of legislators have with what esports is, there’s this misunderstood notion that esports is for kids, and certainly that’s not the case.”