Riot ESports League Looks To Align With Traditional Sports
Law360, New York (June 2, 2017, 8:19 PM EDT) -- The developer and publisher of the popular eSports video game "League of Legends" said Thursday its U.S. league will adopt a franchise model and make other reforms, signaling that eSports companies are beginning to position themselves similarly to traditional sports leagues as they look to draw investors.
ESports, or professional competitive video game playing, has exploded in popularity in recent years, led by leagues centered on games such as "League of Legends" and others like "Counter-Strike" and "Hearthstone." The global eSports industry is projected to grow to $696 million, a more than 41 percent increase from last year, and could reach...
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