This is a guest contribution by Ron Mendelson, CEO of Fast Offshore. Ron has 22+ years’ experience in corporate online gaming services and licensing, offshore banking and International Business.

Over the last few years, the eSports industry has been growing gradually, making a shift from the underground to the mainstream. Now, we know that it has become one of the most in-demand sports of the year. Of course, when the stakes are high on the outcome of events, gambling inevitably becomes a part of the industry.

As we saw conventional sports taking a nosedive this year due to the current situation, eSports moved to fill the gap. More and more people started betting on the outcome of eSports tournaments or in-game events. The pandemic was something of a catalyst to the success of this once niche industry.

If you want to get involved in this dynamic and rapidly evolving market, now is a great time to consider setting up an eSports company.