Esports, also known as e-sports or e-games, is organized competitive video gaming. Players compete with each other in a tournament format for cash prizes. Esports tournaments are watched live by tens of millions of fans around the world and have become more popular than some traditional sports.
The esports industry is rapidly growing. Tournaments are broadcasted worldwide and feature massive prize pools. Top teams can earn millions of dollars in a single event. The esports industry is also growing faster than laws can keep up. This creates challenges for the sector, from gambling rules to intellectual property rights.
Despite the rapid growth, many esports events still struggle to make money. It’s difficult for professional gamers to work full time, which means they have to rely on sponsors and advertisers for support. The biggest esports tournaments can draw in crowds of thousands of fans, but smaller competitions can struggle to break even.
Better Internet Connections Mean Better eSports Tournaments
Faster connections have allowed more people to play games and watch esports tournaments. For example, 5G networks can stream high-definition tournaments without lag. Additionally, better connectivity makes it easier for participants to travel to different continents for tournaments.
This week’s major League of Legends matchup features FlyQuest vs. Cloud9. The winner will punch their ticket to MSI 2025, but the matchup isn’t just about making the finals. It’s about the chance to earn an incredibly rare skin that only a few players have ever been able to get their hands on.