Video games were once considered a distraction. Now, they are the soil upon which a thriving esports industry has been built.
By the numbers: Esports generated nearly $1 billion in revenue last year, according to research firm Newzoo. As for eyeballs, Goldman Sachs projects viewership to reach 300 million by 2022, putting it on par with the NFL. As a result of this explosion, investors, media partners, sponsors and (insert pretty much any industry here) have been scrambling to capitalize on what should be an extremely lucrative new industry.
