Experts not expecting high demand once esports wagering approved

No wagering breakthroughs are expected when esports betting is allowed more frequently at Nevada sportsbooks about a month from now.

Although the Esports Technical Advisory Committee did a masterful job of developing regulatory amendments that will permit wagering on major video game tournaments and competitions, one of Las Vegas’ leading sportsbook operators isn’t expecting a lot of betting action — at least initially.

And a member of the committee is also convinced that it will be a slow process for bettors and sportsbooks to take interest.

Jay Kornegay, executive vice president of sports operations for the SuperBook, which takes bets in six states, including Nevada’s Westgate, and Brett Abarbanel, director of research at UNLV’s International Gaming Institute, are in agreement there won’t be a big blast of esports betting when regulations take effect.

Nevada gaming regulators allowed some betting on esports during the COVID-19 shutdown, when the nation’s sports leagues went on hiatus as fans weren’t allowed in arenas and stadiums. The Nevada Gaming Control Board established an expert committee of esports executives who began meeting quarterly in March to develop rules for taking bets.

After testimony was received on key issues of integrity within esports competitions and how to prevent cheating, the committee guided the Nevada attorney general’s office to draft proposed regulations that streamline wagering on competitions.

From the start, the committee opted to amend