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Currently, esports organizations still rely on sponsorship as the primary source of revenue, with sponsorship accounting for US$837.3 million by the end of 2022. That accounts for nearly 60 percent of global esports revenues. According to a report by Newzoo, esports organizations are diversifying their revenue streams by delving into other things. ...
The inaugural Fortnite World Cup took place last week, ending with 16-year-old Kyle “Bugha†Giersdorf becoming the champion and bringing home a whopping US$3 million. Despite being the first-ever tournament of that scale for the battle royale game, it managed to garner more than two million concurrent viewers online. However, those num...
A large majority of close than two-thirds of the gaming population in Greater Southeast Asia are hugely interested in esports. According to a new study by Niko Partners, 60% of gamers here are strongly drawn to esports, while 42% of players from the region prefer competitive arena titles and spend the most on games. The study breaks down the segm...
Is esports a fad or a trend? Is it simply fated to die out in the next couple of years? According to statistics and predictions, the answer is a resounding no. In fact, esports viewership numbers already surpass Major League Baseball in the U.S. By 2022, that number is set to exceed even the likes of NBA and NFL. According to Goldman Sachs (via Bre...
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