Frederick Done, the architect behind the bookmaking behemoth Betfred, is venturing into the burgeoning realm of competitive gaming. His investment destination? The Manchester-based GGIntel, an organization striving to become a dominant force in esports news and media coverage.
GGIntel intends to provide a curated blend of esports material, keeping enthusiasts informed about international competitions and events while also covering the sector’s latest developments. This strategic maneuver by Done clearly indicates that the meteoric ascent of esports hasn’t escaped the attention of even established gaming industry giants.
The prevalence of esports wagering has surged in recent times, mirroring the expansion of esports viewership itself. We’re witnessing prominent brands like Red Bull and ESPN sponsoring live broadcasts of games such as League of Legends, Dota 2, Counter-Strike, and Overwatch – titles that attract colossal online audiences captivated by their intense multiplayer clashes.
Industry figures, such as Sergey Portnov of Parimatch, have even speculated that esports could eventually surpass traditional sports like soccer in terms of audience size and engagement. The data appears to corroborate this projection. Worldwide esports viewership has already exceeded 450 million, generating in excess of a billion dollars in revenue. By 2020, that viewership is anticipated to reach over 600 million.
Done himself appears enthusiastic about GGIntel’s prospects, remarking, “The future of esports is immense, and I’m pleased to be involved with GGIntel. I anticipate collaborating with the skilled team to establish a prosperous enterprise.”
Chris Young, GGIntel’s Managing Director, echoes Done’s positive outlook: “I’m delighted to have inaugurated GGIntel within what is undoubtedly one of the most rapidly expanding and exhilarating industries globally.”
With seasoned veterans like Done entering the arena, the esports landscape is primed for even more remarkable expansion and widespread recognition.
GGIntel aims to become the leading provider of global esports news and insights. Their platform offers fans comprehensive analysis from professional esports players, presented in an accessible and straightforward manner.
