Analyzing the Economics of Esports: Sponsorships, Prize Pools, and Revenue Streams
Esports, or competitive gaming, has rapidly evolved from niche competitions in arcades and small gatherings into a global phenomenon. In the late 1990s and early 2000s, early tournaments for games like StarCraft and Counter-Strike began to gain traction. However, it wasn’t until the late 2000s and 2010s that esports truly exploded in popularity, thanks to…