Taiwan Sports Lottery launches Esports betting

Posted:: Jul 30, 2020 11:30 Category: Asia , Lottery , Posted by Maria

Taiwan sports lottery launches Esports betting in Asia providing a selected number of professional Esports leagues

In its initial stage, Taiwan sports lottery will provide ‘League of Legends’ (LOL) and a selected number of professional Esports leagues between South Korea and China. In the future, it will expand to Europe, America, Taiwan, Hong Kong and Macau. 

策略經營/台灣運彩總經理林博泰有套運彩勝經| 經營管理| 觀點| 經濟日報Taiwan Sports Lottery General Manager Lin Botai said that due to COVD-19 many live events have been forced to stop, so the company needed to find a new direction.  Esports games account for a huge part of the economy. 

Taiwan Sports Lottery says that the Esports lottery market can open up to 11,000 games each year as betting targets, and provides 4,500 live bets, including ‘League of Legends’, ‘CSGO’, ‘Dota2’, ‘StarCraft II’, ‘Call of duty’, ‘Over Watch’, ‘Hearthstone’, ‘Mobile Legends’ and so on. These are all projects that have the opportunity to enter the market in the future.  

As estimated, Taiwan’s sports lottery betting population is about 20,000 to 30,000. And this year is the seventh year of the establishment of the Taiwan Sports Lottery Company. The sales amount for the whole year of 2020 was originally estimated to be 1.4 billion U.S. dollars, until the global public health incident hit.

From this year to July 19, the lottery sales amount was only 650 million U.S. dollars which is 22.7% reduction. However, mainstream sports such as MLB (Major League Baseball) and NBA (Professional Basketball) have resumed competitions.

General Manager Lin Botai predicts that this year sports lotteries in Taiwan will still have a chance to sell more than 1 billion US dollars, and the annual sales amount will exceed 1.2 billion US dollars. 

About SiGMA Africa:
SiGMA is heading to Africa in 2022! With a record for attracting an audience from over 80 countries, SiGMA has the potential to set the stage with a global guest list of some of the best operators, suppliers, affiliates, regulators, and thought leaders in the gaming sector – bringing high-end innovation to the African gambling industry and driving sustainable growth throughout its nations.



Related Posts

The hybrid working model –…

Etienne Licari shares the employer's perspective Hybrid work has become an important consideration for most companies with offices in Malta,…

Slotmill partners with Paf

Slotmill has inked an agreement with gambling operator Paf Paf is based on the Aland Islands in Finland and recently…

Slotmill seals agreement with Vavada

Online casino Vavada will add Slotmill's games to their portfolio [caption id="attachment_171938" align="alignleft" width="133"] Johan Ohman, founder of Slotmill.[/caption] Vavada…