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Esports is a growing market that’s marching toward $1 billion in revenue, but some of the top investors in the space don’t think the opportunity is with fundinggame developers or video platforms.
When venture capitalists look at professional gaming, they see most of the chance to earn cash from gambling and fantasy esports. Onstage at ourGamesBeat 2015 conferencetoday, Academy of Interactive Arts & Sciences president Martin Rae spoke with a panel of VCs. IDG Ventures managing director Phil Sanderson, Signia Venture Partners principal Sunny Dhillon, and AID Partners’ Jason Kay all agreed thatgambling has the biggest upside.
