August 13, 2021

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 […]

July 27, 2021

Gamer Personas and the Nine Different Types

Esports data company Newzoo found new insights on the different types of gamers and revealed their nine types of personas that video game players can fall into. Newzoo’s Segmentation Data Newzoo’s data found different archetypes that all gamers can fall into. The value of knowing more about these nine gamer personalities is primarily for marketing […]

June 12, 2021

Esports White Paper from AGC Partners Explains it All

AGC Partners, an investment bank focusing on strategic advisory, just released its latest white paper, covering the esports industry in its entirety. Esports White Paper In a sector that is seen as one of the fastest-growing areas of the world, competitive gaming needs big updates. The new report provides a very comprehensive outlook into the […]

June 1, 2021

Esports Business Models to Survive the Pandemic

The COVID-19 pandemic has laid waste to global economies and annihilated entire industries. However, some industries have fared better than others during the outbreak. One of these is the esports sector and its unique business models. Once the reserve of video gaming enthusiasts, the esports market grew in popularity in recent years and managed to […]

May 6, 2021

Envy partners with Generation Esports for High Schools and Middle Schools

Esports company Envy Gaming announced yesterday that it’s partnering with Generation Esports to improve the scholastic, high school, and middle school scenes in Texas. Envy Grows Scholastic Esports The partnership looks to expand the curriculum available to students. Thanks to Envy’s large network, this includes opportunities like interaction with esports players, content creators, and even […]

April 27, 2021

Esports Certification Institute established for aspiring professionals

The Esports Certification Institute (ECI), a new organization to provide guidance, education, and certification for aspiring industry professionals, was officially announced and established today. We are excited to announce the launch of Esports Certification Institute, a Public Benefit Corporation created to foster professionalism, promote meritocracy, and increase diversity and inclusion in esports. ECI was created […]

March 22, 2021

5 Ways COVID-19 Affected the Esports Industry

It’s over a year since the pandemic struck, and many industries were affected. The esports industry hasn’t been spared either. But unlike most sectors that plummeted because of COVID-19’s impact, the pandemic has catapulted esports revenues, user engagement levels, and market outreach. 5 Ways COVID-19 Hit Esports Accelerating growth comes despite the cancellation of several […]

March 16, 2021

How is Esports Betting different from Sports Betting?

Betting in esports has grown exponentially during the COVID-19 pandemic. As physical sports shut down due to the need for social distancing, esports continued in an online format. Esports betting, however, grew rapidly for many years. The pandemic only quickened its adoption and more and more people are slowly becoming familiar with esports betting. For […]

March 12, 2021

Esports Industry to Reach $1.1 Billion in 2021 Revenue

According to Newzoo, a leading gaming and esports market analytics firm, global esports industry revenue will hit $1.084 billion in 2021. This is an increase of 14.5%, up from $947.1 million in 2020, with media rights and sponsorships contributing to over 75% of total esports revenue. Newzoo Report In its Global Esports and Live Streaming […]

March 5, 2021

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 […]