Esports: A Rapidly Growing Area of Opportunity
By most accounts global video game player competitions began with the invitation-only player event to compete in the Spacewar combat game at Stanford University in 1972. Electronic game player competitions have now proven to be a massive revenue generator and a highly sustainable subset of the sports industry marketplace. A fast-growing circuit of professional video game players, financial backers and fans appear to be taking the hybrid world of sports and electronic entertainment by storm. Leagues have been established, and an enthusiastic community of fans are pinning their hopes—and their money– on their favorite teams and players. So where is all of this money going? What are players receiving in return for their training and personal sacrifices? And what does the future hold for this ever-expanding branch of the sports industry?