eSports Revenue at $1.5 billion in 2017

A report by Superdata estimates that eSports has brought in about $1.5 billion in revenue in 2017. The company expects revenue from eSports to grow 26 percent by 2020.

ESports revenue has reached $1.5 billion for the year according to a report by research firm Superdata.

The report expects revenue will grow 26 percent by 2020 fueled by a growth in viewership of 12 percent each year as well as a “swelling” number of third-party investments.

Superdata said that the opportunities for revenue streams are also growing, with direct revenue from sponsorship sales, advertisements, ticket sales and team merchandise increasing. Investment in eSports is also increasing with $750 million in investment being made in the market this year.

The study also found that fans predominately used Twitch.tv and YouTube to consume gaming content, with the vast majority using both.

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On This Day In Sports History

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On This Day In Sports History

On June 24, 1923, the Angels crushed the Rockies 25-1 at Coors Field, collecting 28 hits in a historic rout. LA blew the game open early, scoring 13 runs in the third inning and eight more in the fourth to build a 23-0 lead. The 24-run margin stands as the third-largest in AL/NL history since 1900, surpassed only by the Rangers' 30-3 win over the Orioles in 2007 and the Red Sox's 29-4 victory over the Browns in 1950.