Why London Is A Great Place For Esports Tournaments?

In less than two decades, competitive gaming has rapidly grown from a rather specialized hobby to a sizable entertainment industry. After reaching a net worth of $1 billion in 2020, the esports industry was predicted to be worth $3 billion by 2022. Millions of people play well-known esports games like League of Legends, Fortnite, Dota 2, and CSGO.

For context, consider that there are already tens of thousands of professional CSGO tournament participants, in addition to many more for other games. The best CSGO players in the world now come from almost every country. The question of whether the country can constantly generate these aspiring elite contenders is still being debated, though.

The reason why London is a great place for esports tournaments?

The industry for competitive video games, known formally as esports, is currently estimated at £840 million ($1.1 billion). It has over 454 million admirers and employs millions of people globally. Continue reading to learn about the present state of esports in the UK, especially in London.

There are 4,000,000 esports fans

According to the research company YouGov, 4 million or 7% of UK residents regularly watch electronic sports. It is true that Britain behind China, the US, and Germany in terms of the countries with the biggest percentages of people watching esports events, particularly CSGO matches. The average British esports fan plays video games for eight hours each week, however they are also avid players. Another noteworthy allegation is that the London video game community is very supportive of well-known British video game artists.

Another intriguing discovery is that the following well-known British CSGO teams receive a lot of support from gamers in London:

· Endpoint

· MnM

· Gaming Team

· Dignitas

· Fnatic

· Prophecy

Wembley Stadium host tournaments

The 2023 UEFA EURO esports competition will take place at Wembley later in the summer, hosted by Konami, the company behind the PES video game. It anticipates that the event would gather tens of thousands of local fans and millions of broadcasts globally, similar to Epic Games’ Fortnite. Despite the Konami event’s focus on football played by European national teams

Aside from Konami, London has become the new host city for a number of esports events every year. Several of the competitions have included individuals and teams with a global reputation. Additionally, they featured some of the greatest prize pool payouts.

There are over 3,000 professional CSGO tournament players in the UK. Like in the US, professional gamers in London are proficient in a small number of the most popular video games. In the UK, some of the most popular video games are:

· Fortnite,

· Call of Duty,

· FIFA,

· Counter-Strike,

· League of Legends,

· PUBG.

Numbers of Unusual Growth

Statista data reveals that the esports business is growing at an unprecedented rate, even though it is doing so faster in the UK than the rest of the globe. The increasing growth rates are mostly attributable to the increased expenditures made by foreign businesses looking to launch esports teams in London and other cities. Additionally, donors’ interest is not just focused on video games. Online gambling enterprises are getting more attention, especially now that they are a part of the esports sector. Online casinos commonly collaborate with Twitch streams to promote their games.

Instead of playing FIFA, Fortnite, or League of Legends, many broadcasters demonstrate their skill by playing blackjack and poker. Some streamers also play the best high volatility slots in an effort to delight their viewers should they hit it big one day and win tens of thousands of pounds. High volatility slots are less common than low variance slots, but they pay out much more to winners.

Previous Experience Of Esports Tournaments Which Was In London

In the esports business, a sizable number of teams and the CSGO championship compete. Despite this, Londoners have participated in nearly all of the most popular esports games. Whether it’s first-person shooters or multiplayer online war arenas, there are British gamers who are specialists in these genres.

Below are some examples of the top British esports players and the games they’ve been playing:

· Fortnite’s Jaden Ashman

· Kevin Jackson from Fortnite

· Doovan Hunt: FIFA 19

· Mr. Craig Rathbone—SMITE

· The Storm’s Heroes, Joshua Bennett

· Alex McMeekin, from Counter-Strike: Global Offensive

· Black Ops, a Call of Duty game, by Rhys Price

There is no question that esports video games come in a vast range. Nevertheless, several professional players in the city of London also like the games.

Conclusion

London is one of the major hubs for the esports industry. There are routinely hosted seminars and international CSGO contests. Numerous Londoners now rely on playing video games to make a living as a result of this. The industry is anticipated to continue growing in popularity in 2023, but analysts are pushing the government, investors, and supporters to support CSGO tournament participants more.