Esports have become an increasingly popular way to compete in a variety of video games. They are a form of entertainment and are regulated. According to a study by Seo (2016), esport players are passionate about self-improvement and celebrating their skills. They also value fairness and equality, respect from the community, and recognition for their achievements.
esports is pure entertainment
Esports is a rapidly growing industry. Many brands are rethinking their advertising budgets to tap into the esports audience. This form of competition is facilitated by electronic systems and is the fastest growing sport in the world outside of football. There are several reasons why esports is so popular, from the fact that players compete for money to the fact that it is pure entertainment.
It’s a sport
Esports are competitive video games played by a team. These games are similar to traditional sports, but instead of using physical movement as the main goal, they instead use computerized tactics. Esports competitions are becoming more popular and are predicted to continue to grow in popularity.
It’s a growing industry
Esport is a fast growing industry that has become hugely popular. New stadiums are being built to host esports competitions, and entire leagues are being created. The industry is booming and has a clear direction.
It’s regulated
The growth of the esports industry is dependent on its regulation. Several countries in Europe have enacted laws to protect eSports. However, these regulations are not comprehensive and compact. In the US, legislative discussions have largely failed to yield significant results. The state of Nevada, however, is in the process of drafting legislation to create a governing body for eSports, issuing official licenses to players.
It’s popular
ESport is growing in popularity around the world because of its social and competitive nature. In the UK, 8% of the population says they would be interested in watching eSports, and 67% of those who had watched eSports said they would watch it again. These figures indicate that eSports have a loyal core of viewers. However, the overall awareness of the game is not as high as it is in China (77%).
It’s growing in the U.S.
The growing popularity of esports is generating massive revenue for the gaming industry. Several large companies are investing in the sport. A major part of the revenue comes from sponsorships. Another large source of revenue comes from media rights, which include copyrights to show content. In addition to these two revenue streams, the games industry is also tapping into new marketing budgets.
