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US games and esports market worth $54b in 2022

GamesIndustry.biz

billion for video games and esports in the US in 2022, a 2.4% Sign up for the GI Daily here to get the biggest news straight to your inbox A new report from data analyst PwC showed revenues of $54.1 increase year-on-year.

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Inaugural Esports Olympic Games to be held in Saudi Arabia

GamesIndustry.biz

The International Olympic Committee has announced that the first Olympic Esports Games will be held in Saudi Arabia in 2025. The IOC announced plans for an Olympic Esports Games last October. Esports featured in the 2022 Commonwealth Games, but will not appear in the 2026 event. A city and venue have yet to be selected.

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Riot Games and AWS bring esports ‘Win Probability’ stat to 2023 League of Legends World Championships broadcasts

AWS Games

Riot Games recently began rolling out new machine learning-powered insights to boost the fan experience during esports broadcasts. The fan response to the stat was immediate and enthusiastic, encouraging the Riot team to deploy it in future esports events. Why introduce ‘Win Probability’ to LoL Esports ?

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GiantX acquires AI start-up iTero Gaming in multi-million dollar deal

GamesIndustry.biz

Gaming and esports brand GiantX has acquired AI esports coaching start-up iTero Gaming. He founded iTero Gaming in 2022. While the full sum was undisclosed, the company said the acquisition was a "multi-million [dollar] deal." Read more

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Riot winds down Wild Rift esports outside of Asia

Game Daily

This week, Riot Games announced that it has canceled esports leagues for Wild Rift outside of Asia. “In 2023, we will centralize the operation and focus of Wild Rift Esports in Asia, the biggest and most active mobile esports market in the world,” John Needham, Riot’s president of esports, said in the statement.

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Solo dev Vladyslav Pidiashenko “I hope IHAS will inspire players to better their lives”

PreMortem.Games

At first, I considered getting into esports, but I quickly realized it wasn’t for me. Yes, I started to work on the game in January 2022, a month before the war started. “For weeks, I thought about what I wanted to do and rediscovered my passion for video games. I’ve been playing video games my whole life, starting when I was 5 or 6.

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Supercell's Record Year: Crushing It, But At What Cost?

Deconstructor of Fun

The team experimented with everything from esport to UGC and even went as far as removing gacha - only to put it back in. In late 2022 you can see the update cadence increase from once a while to monthly and then to multiple times a month. In reality, before 2024, Brawl Stars experience a consistent decline in revenue.

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