Promoter to pour $50 million into new esports competitions
https://www.cnet.com/news/one-championship-pumps-in-50m-to-bring-the-fight-online-in-asia/
The announcement comes amid rapid growth in video game competitions, especially in Asia. Global esports revenue is expected to top $900 million this year, according to market researcher Newzoo. Esports debuted as a demonstration sport at this year's Asian Games in Indonesia and is set to become a medal eventĀ at the 2022 Asian Games in China.
One eSports will feature "blockbuster" game titles and will host multiple esports events next year, according to One Championship. Specific details such as game titles, the number of events and their locations aren't clear yet, but the esports competitions are expected to sync with One Championship's already scheduled martial arts events. The esports matches will be broadcast live.