The Dark Horse of the Sports Economy Essay

The Dark Horse of the Sports Economy Essay

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Professional video game player, to the uninformed this title would seem ridiculous and made up, but the U.S government not only recognizes this title as a viable career, but they have granted professional athletic visa’s (on the same par with international stars in professional basketball football and baseball) to foreign gamers traveling to the U.S to take part in their championships. The term for the league these professional gamers come from is eSports. eSports is quickly growing and on track to becoming a professional sport and as such major multinational companies such as Nissan and Coca Cola are racing to grab an early foothold in the sport. As with any popular professional sport the economic impacts are potentially enormous.
The eSports competitive scene as with any sport has had a growth phase. Competition in eSports has been around as long as the first video games, but the first official video game tournament was recognized as the Space Invaders tournament that Atari held in 1980. The tournament drew over 10,000 participants and from that eSports was born. As gaming consoles became more and more popular in the home, companies such as Sony Nintendo and Blockbuster helped to foster growing competition by holding national tournaments across the country. The 1990-2000’s ushered in the new era of gaming that would not only prove to be more responsive to general public (creating a larger fan base and audience) but was a form of gaming that had a practicality sense to it, this was of course personal computer gaming or PC gaming. While PC gaming was not considered the first instance of organized video game competition, it is credited with having the first instance of eSports. In which 2000 competitors competed for the prize o...


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.... ESports represents an even bigger economic opportunity than conventional sports due to the fact that is master the online media aspect, an area where traditional sports are falling behind, and with the younger generations becoming more and more attuned online the potential grows ever greater.
In summation eSports is an up and coming but also somewhat established sport for those that know what to look for. As with every sport the economic possibilities for the sport such as raising local GDP through company advertising and profits from tickets to major sporting arenas. To even becoming a new central hub for investment firms and major brand advertising hoping to have a larger stake in the sport as it appeals more to the future generations. Whatever the case, if this current pace maintains, be prepared to buy your kid’s next ticket to a professional eSports event.

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