Esports Entertainment Group Gets New Jersey Gaming License

This week it was announced that Esports Entertainment Group has been granted a transactional gaming waiver from the New Jersey Division of Gaming Enforcement, allowing the eSports company to legally take bets on video game contests in the state.

The company is slated to launch its VIE.gg gaming platform on January 25th, and will provide players with the chance to bet on different events that take place throughout the globe. The launch will be considered "soft", and will have limitations in place to make sure the experience aligns with regulations set out by the DGE.

Games expected to be offered for wagers on the platform include Dota 2, Counter-Strike: Global Offensive, League of Legends, and others. eSports have proven to be popular among younger bettors, who turn out to watch the game tournaments by the tens-of-thousands. The events have been aired on the internet for years, and now even sports channels like ESPN are airing the tournaments.

"We couldn't be more pleased to be the first esports-dedicated operator to be granted the right to commence business in New Jersey," said Esports Entertainment Group CEO Grant Johnson. "On behalf of our entire team, I would like to thank the Division of Gaming Enforcement for their approval of our platform and the trust they have placed in our company.

"Global esports betting is estimated to exceed $205bn by 2027, and we are thrilled to be playing such an important role in this fast-growing market with the launch of our first esports wagering offering in the United States."