Top Market Players Don’t Realize How Big Esports Market Is Says Adam Weinstein

According to the founder and CEO of Thrive Fantasy, Adam Weinstein, the biggest players in the sports betting and daily fantasy markets are not realizing the potential of esports and the key demographic information of those fans. Weinstein noted that esports fans tend to be young, more wealthy, and have an appetite for gambling, making it a prime market for operators to look towards for growth in the coming year. 

“I think a lot of the bigger players right now are mostly focused on the traditional sports bettor and where they are going but they’re not realizing how big the esports market and that demographic is,” said Weinstein. “We definitely know, at least those who are focusing on esports, they’re young, they’re affluent, they have a propensity to gamble so hopefully we can get that point across that they shouldn’t be just focused on traditional sports but that esports is here to comment and is here for the long run.”

Outlining his prediction for the industry in 2022, Weinstein detailed that the opening of the New York sports betting market could act as a catalyst for a boom, and current figures are just the “top of the first innings.” 

Weinstein also took the opportunity to explain how Thrive Fantasy is standing out from the crowd in such a busy marketplace. He noted that the firm is aiming to create “a more simple gaming concept” for casual sports fans by using more basic betting markets. 

 “We wanted to make a much more simple game concept for the casual fan,” added Weinstein. “We’ve been in the market for three years for NFL, MLB, NBA, all the major traditional sports along with esports. We’re really bullish on the esports sector as well.”

(All information was provided by SBC Americas)

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