In The News
Esports in 2023 will see revenues reaching $2.17 billion, GI.biz’s Brendan Sinclair reports. “The group puts this year’s esports revenues at $926.3 million, so the 2023 mark would represent a compound annual growth rate of 18.6%.”
What’s more, Tencent published a report “on the esports market in China which says that the esports market size is expected to grow to $1.5B in 2020,” TEO’s Trent Murray reports.
“What Turns Players Into Payers” is a “new whitepaper … [on] the habits and spending motivations of 2,051 gamers between the ages of 18-40,” AListDaily’s H. B. Duran writes. “More than 90 percent of respondents in all three countries play mobile games, making it the most popular segment in this study.”
Sony offers hope for cross-play. Sony Interactive Entertainment America CEO Shawn Layden had this to say recently, according to Eurogamer’s Wesley Yin-Poole: “‘Sony isn’t listening to its players – or doesn’t seem to be – and that’s cross-play, Fortnite particularly. And I wondered if there were any plans to open it up? It seems to be Sony’s not listening … We’re hearing it. We’re looking at a lot of the possibilities.’”
The International Olympic Committee and Global Association of International Sports Federations are meeting to talk esports in the Olympics July 21. Murray has the full list of attendees.
EA Sports “is creating 24 development jobs to Madrid with the formation of a new EA Sports division in the city,” GI.biz’s Haydn Taylor reports.
Looks like we won’t see Monster Hunter World on Nintendo Switch. Capcom explicitly said no to the idea in a shareholder meeting, Game Informer’s Imran Khan reports. “That said, the company does plan to pursue Monster Hunter games designed specifically for Switch.”
Sorry, consultants. At least one esports director (and the many people complaining about you at E3) aren’t fans. ESPN’s Jacob Wolf tweeted out a panel titled “Ready, Brand One” at Hashtag Sports. Monumental Sports Entertainment esports director Grant Paranjape had this to say: “The general rule is if you see ‘esports consultant’ on someone’s LinkedIn profile, you should run the other way.”
Pokémon Go’s playerbase is at its largest point since the summer of 2016, VentureBeat’s Mike Minotti reports.
Turtle Beach and Tainted Minds are partnering, according to a press release. “The new partnership will see all Tainted Minds’ pro gaming teams and players using Turtle Beach’s Elite Pro line of professional gaming audio equipment.”
Australia is going to reconsider We Happy Few, according to a Classification Review Board announcement. It will meet July 3 to reconsider.
Kazakhstan officially recognized esports, Esports Insider’s Lydia Mitrevski writes. “This accreditation now gives the federation permission from the government to further establish esports in the country and represent it at international events.”
Happy birthday Zhang “Paparazi灬” Chengjun!