eSports Loans? They May Be An Option If Trend Continues

HOBOKEN, N.J.–The eSports industry has exploded in size and participation, with forecasts stating it will reach $1.25-billion in revenue and 400 million participants by 2020. So how much are individual players spending on eSports?

That question was posed to 1,000 self-identified eSports fans by LendEDU. Among the findings:

  • 62% of respondents indicated that they have spent money on eSports before, with the estimated average eSport expenditure coming in at $566 per year.
  • 49% of respondents would rather spend money on eSport event tickets instead of sporting or concert tickets. Further, 51% of respondents would rather spend money on eSport merchandise instead of sporting merchandise. 
  • If they only could afford one, 45% of parents would rather pay for their child's one-on-one video game lessons instead of sport or academic lessons

Additional information can be found here.

 

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