Esports Industry Growth Underestimated, Will Exceed $2.5 Billion in 2022
Most projections estimate that the esports industry for competitive video gaming will surpass $1 billion in revenue in 2021. Further, Newzoo projects the industry to maintain a 15% annual growth rate reaching $1.8 billion by 2022, with revenue flowing into esports through media rights, live event ticket sales, merchandise sales, and in-game purchases, but most […]
How do Esports Teams Make Money?
It’s no surprise that the esports industry keeps growing and it’s largely thanks to the teams creating competition and engagement. Unfortunately, these teams often struggle to survive and grow, especially during the global COVID-19 pandemic. With tournaments moving online for nearly 12 months now, earning revenue from live events is impossible. Clearly, teams are still […]
LCS and LEC return online after coronavirus suspends them
Both the LCS and the LEC will be set to return on March 20 with online matches for the remainder of the Spring Split. “Due to the ongoing developments of the coronavirus pandemic we have decided to play the remainder of the 2020 LEC Spring Split 100% remotely online, with matches resuming Friday, March 20th. […]
Doublelift, former No.1 ADC in NA, shares ADC with Tactical
Yiliang “Doublelift” Peng will be reevaluated by Team Liquid, making him share the spot with former Academy ADC, Edward “Tactical” Ra. Rikara is being brought in to play Academy so both DL and Tactical can both focus on LCS. Tactical will start this weekend, but we’ll continue to evaluate week to week. — Steve Arhancet […]
ESL’s Michal ‘CARMAC’ Blicharz on Coronavirus Concern in Katowice, Valorant and ESL Pro League
IEM Katowice is one of the most anticipated CS:GO events of every year. Thousands of people make the trip to Katowice’s Spodek arena to watch the best teams in the world compete. Unfortunately, this year, the regional polish government decided the congregation of fans in the arena carried too much of a health risk with […]
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