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How investors should think about the esports gold rush
No longer are we arguing about whether people will watch someone else place games. The discussion is now about how many hundreds of millions of people are doing it. The fact that this discussion was happening at the Milken event in Beverly Hills, California, shows that big money and the super rich have descended on the...
4 eSports regulations to watch for in 2018
Regulated esports betting is the path to legitimacy The United States Supreme Court’s impending decision regarding the legitimacy of the federal ban on sports betting carries massive implications for traditional sports and esports. If the court repeals or alters the federal ban, each state must decide whether to allow sports betting and establish its own...
Gaming Industry And Game Consumers On A Collision Course Over Loot Boxes
f you’re a gamer, you know all about loot boxes. We haven’t covered them or the associated controversy here, as both are slightly outside of the usual topics we cover. But we do in fact cover digital marketplaces and how companies and industries react to market forces and it’s becoming more clear that the gaming industry...
Why Blockchain Technology Is About to Disrupt the Video Game Industry
Video game developers have most to gain from blockchain disruption. Inherent benefits of using a distributed ledger include immutable, transparent and public-key encrypted storage of records, including token transactions; scalability; and the democratization iof both the supply and  utilization of artificial intelligence (AI) developer contracting and outsourcing across international borders. With regard to the video games industry, it’s certainly not something that the consumers (or...
Las Vegas strip’s first legit esports arena just opened for business
On the south end of the Vegas strip, a different kind of gaming is taking root. At the Luxor casino, the Esports Arena Las Vegas just opened its doors, occupying the former home of the LAX nightclub. Following a special event on March 22, the arena, owned by Allied Esports, opened for regular operations on Monday, March...
Fortnite God Ninja Earns Nearly-$1 Million Month Playing Games
Pundits have predicted Fornite god Ninja is earning nearly $1million (£709,000) each month from playing the game. And only playing the game on Twitch alone. That’s a LOT of money, right there. In recent figures calculated by Forbes, the man known as Ninja – real name Tyler Blevins – has had his reported earnings calculated off the...
Fortnite is making close to $2 million a day from iPhone users
Fortnite — think Minecraft married to “Hunger Games” — was already a giant hit before the game came to iOS in March. Then Epic started letting users play on iPhones and other Apple devices, and at least 11 million people have downloaded that version And then many of those players have started spending money: The...
Competitive video games could be as big as Major League Baseball
E-sports — which is to say, competitive, professional online video gaming — have exploded in popularity in recent years. In fact, experts have predicted that e-sports viewership is likely to surpass that of traditional sports leagues, including the NBA and MLB, by 2020. Indeed, esports revenue is likely to climb to more than $900 million this year as television...
Riot Games moves to establish League of Legends as a lasting esport
The owners of League of Legends professional esports teams met in Miami recently, where they contemplated the future of esports based on the popular League of Legends franchise from Riot Games. Each team invested a reported $10 million to get a franchise slot in the North American League Championship Series (NA LCS). In return, they...
12-year-old CEO is trying to solve a common frustration among gamers via crypto
George Weiksner was 11 years old when he sat down to discuss dividing up the equity of his new startup with his co-founder, who also happened to be his father. George initially asked for an 80% stake in their cryptocurrency-based gaming platform Pocketful of Quarters, a proposal his father, Michael, balked at. “I said, ‘Let’s do...
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