All major sports generate massive amounts of revenue due to in person sales and broadcasting rights. Sports also drive other avenues of revenue especially in bi

All major sports generate massive amounts of revenue due to in person sales and broadcasting rights. Sports also drive other avenues of revenue especially in big cities. Esports will not be on major television networks for a long time. Esports also do not have leagues with good in person attendance. Games and audiencies change too much and the best they can do is tournaments. Venture capitalists invested massive amounts of money based on hype and now are struggling to get ROI, let alone profit. The influx of cash will slow down as the venture capitalists face the consequences of their actions. Esports will not die but actually increase. Viewership numbers about League of Legends are showing decline because the game is in its late stages for competitive play. Valorant is the new rising star and others will follow in its path. Counter Strike has stayed pretty consistent which is impressive. Simply put investors will need to come up with a new strategy that is more traditional if they want to invest in this industry. To not invest though is simply an opportunity for better investors