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Last weekend, Nevada governor Brian Sandoval officially signed a bill that makes wagering on professional video gaming, generally known as eSports, legal within state lines. Senate Bill 240, that was written up by Nevada senator Becky Harris, makes an amendment towards the state’s existing parimutuel wagering that also includes “other events” including eSports, horse racing, animal races, etc.

The brand new bill allows Nevada sportsbooks to just accept bets on eSports and also other things, including awards shows. However, political bets will still be versus the law. The bill was passed unanimously from the state senate and assembly. The Republican governor’s signature on the SB40 was fully expected. Last fall, the Nevada Gaming Control Board gave a busy schedule-ahead on the recommendation of the Gaming Policy Committee to enable local sportsbooks to accept bets on eSports events. Shortly thereafter, the Gclub had become the first bookmaker from the state to offer you eSports betting.

So, eSports betting has technically been legal since last fall, nevertheless the signing of the new bill ensures it would remain so for that foreseeable future. Some claim that eSports is as popular with millennials as traditional sports like basketball. Given the way the sport has burgeoned recently, it’s kinda hard to argue with this. ESports are common over television nowadays, and events can sell out major arenas around the world.

So, seeing that you’re able to bet on eSports in a Vegas casi-no, precisely what does it mean with regards to the worldwide interest in the game? Will This Generate Revenue in Nevada? Las Vegas certainly doesn’t use a tourism problem. In spite of the bill without having passed until in the week, a brand new eSports arena opened way back in March which is likely to 53dexlpky a whole new audience to Las Vegas. While it’s a major city renowned for its over-the-top glitz and glamour, almost all of Vegas’s tourism industry revenue arises from convention-goers of an older demographic. While that’s all fine and dandy, that’s not really an issue that appeals on the large scale to some younger audience.

Obviously, competitive video gaming is something that does. This is a 15,000-seat arena specifically designed to host major eSports tournaments. It is designed similarly for your standard basketball or hockey arena, detailed with tunnels to the “athletes” and concession stands. Vegas is effectively hoping to get caught up in the burgeoning industry. Passing the bill and opening a sparkling new arena certainly puts the metropolis (and state) on the right course. 323 million people watched eSports coverage on tv a year ago alone, which number is anticipated to top 380 million once 2017 will be all said and done.