Esports Is Already Nearing $1 Billion in Revenue for Activision Blizzard

The esports hype is at a fever pitch after Activision Blizzard (NASDAQ:ATVI) launched its much anticipated Overwatch League in January. Management has said that Overwatch League will turn a modest profit in 2018. It’s still uncertain exactly how big esports will become for the gamemaker, but in his 2017 annual letter to shareholders, CEO Bobby Kotick gave investors some clues. Let’s review what he had to say.

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