Call of Duty: Modern Warfare was announced as the most profitable premium game of 2020, generating $1.91 billion in revenue.
Due to the pandemic in the gaming industry, it was a strong year in 2020 with many locked in their homes playing computer games. Games such as FIFA 20 also saw similar numbers as the EA Sports title generated $1.08 billion in revenue in 2020.
This, however, has also led to an increase in cyber sports betting.
Over the years, many games have adapted their online offerings to increase revenue; Aspects such as lootboxes and online deals have been introduced into many games.
A recent report commissioned by my GambleAware found that half of the revenue generated from loot boxes was £700 million ($962.7 million), and that was from just 5% users, and many are now asking if there is a link between loot boxes and problem gambling.
On the other hand, cyber sports betting continues to grow, reflecting the rapid success of the entire industry; It is estimated that cyber sports betting revenue reached $1 billion in 2019 and probably remained close to that figure last year.
Cyber sports betting is attracting similar consumers, and more people are betting on this format now than ever before.
While League of Legends, CS: GO and Dota 2 are the leading games for cyber sports betting, betting on games like Call of Duty is on the rise.