Yet, this number is only half of the story as viewership in June climbed up to over 60% year-over-year. While esports took a tumble with many events cancelled across the board, interest in streaming and consuming free digital content related to video games and esports rocketed.
Naturally, there have been other elements to pick up as well, including the Music & Performing Arts and Just Chatting channels on Twitch, which also saw tremendous growth.
Twitch tried to differentiate its activities by introducing a special esports portal dedicated to only competitive gamers.
Meanwhile, Facebook Gaming saw major success throughout Q2. Compared to Q1, the reported audience was 75% higher than in Q1, 2020. Moreover, June 2020 proved to be even more successful for the company's streaming platform with the increase in viewership posted at 200% growth year-over-year.
YouTube Gaming hasn't been processed in terms of pure data, StreamElements reported, but the platform has also likely benefited from the global outbreak which has forced many people to stay at home.
Interest in esports picked up among cryptocurrency bookmakers and sports betting sites as well. From Cloudbet to FortuneJack, operators have been quick to adopt and to promote esports.
The industry is currently on a track to surpass $970 million in net worth in 2020, and the only thing that is stopping it are the lack of sponsorship opportunities because of physical venues being currently closed.
Meanwhile brands such as SportsBet.io have been bolstering their portfolio, adding new ambassadors and betting opportunities.
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