In March of 2018, the Esports Entertainment Group revealed VIE.gg, then-dubbed the ‘world’s safest, most secure, and transparent esports wagering platform’. Now, following a short ‘soft play’ period, VIE.gg is finally open to public wagering, with the platform going live within the state of New Jersey, USA. It’s a huge leap forward for the Esports Entertainment Group, now standing as the first operator to be given the rights to launch fully-licensed esports betting operations within New Jersey.
As of today (4th April), VIE.gg is open for business to residents of New Jersey. This is a huge win for esports betting in general, with the 11th most populous state in America opening up and recognising the true potential and value of the industry.
What does this mean for the future of esports betting sites?
VIE.gg, Bringing Esports Markets to New Jersey
According to statistics, New Jersey already boasts a thriving sports betting community – the number one sports betting market in the United States, in fact. In a report published by SportsBettingDime in March 2022, it was revealed that, in 2020, New Jersey boasted the highest annual sports betting handle in the nation. As esports as an industry continues to grow at an eye-watering rate, organisations like the Esports Entertainment Group are all too eager to take advantage of the growth.
In a statement, Grant Johnson, the CEO of EEG, had this to say:
As the first licensed esports-focused betting site in North America, we’re thrilled to fully launch the VIE.gg platform in New Jersey, one of the largest and most promising jurisdictions for sports wagering in the country.
Typically, there are few betting sites that operate in the USA. It’s a restricted market overall, but the birth of VIE.gg is a progressive move that may lead to more online betting sites cropping up in the future. However, few may have the driving power behind them that VIE.gg has, given that it is the brainchild of the EEG, a Malta-headquartered organisation trading on the NASDAQ. It’s a titan of esports, having been working in the industry for almost 15 years, servicing esports organisations around the world.
The Future is Bright
If you’re a resident of New Jersey and you want to bet on the hottest esports markets, VIE.gg will be your go-to destination. There will be odds readily available for the likes of League of Legends, Call of Duty, Dota 2, and Rainbow Six, among others. There’s a diverse and dynamic world out there, and esports as an industry is poised to become bigger and better in the coming years.
In January of 2022, Johnson spoke about the growing value of global esports betting, producing tantalising statistics:
Global esports betting is estimated to exceed $205 billion by 2027, and we are thrilled to be playing such an important role in the fast-growing market with the launch of our first esports wagering offering in the United States.
So, whether you’re a veteran bettor or a relative rookie in the esports markets, watch this space. There’s no doubt that other operators will follow EEG into the US markets, and esports betting will continue to take the gambling world by storm.