Esports is growing into a $1 billion industry | CNBC Sports

The electronic sports sector has grown massively in recent years and is expected to turn into a billion-dollar industry by the end of 2019. CNBC's Uptin Saiidi visits an annual gaming festival in Hong Kong where tens of thousands of excited fans eagerly watch players compete for the ultimate title.
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#CNBC #Esports #Gaming

[@Bladesong2309]

Remember 7 years ago when media make fun of Esports? WHERE ARE THEY NOW?

[@LowKeyin]

Some guy on the internet still here

[@AtomAnt1]

Playing outdoors, getting fresh air, getting exercise, not looking like stooped hunchbacked "esportsmen". An amateur sportsman out in the open has at least gotten some exercise. An amateur "esportsman" has nothing to show but wasted time.

[@arbaz79]

Esports is still shit and will always be

[@reeeec]

@@arbaz79 explain it?

[@venkate5hgunda]

@@arbaz79 This concept is just too contemporary for you. Enjoy it or get out of here. What are you, a baby boomer?

[@viyusavery248]

Baby boomers and other older generation folks must be real mad about this

[@b_f_d_d]

Boomers and gen X

[@viyusavery248]

@Bessie Belle they should be perplexed most of them can't even use their email addresses properly let alone the internet how are they going to understand digital consumption

[@maharlika6838]

I am 40 so that makes me a boomer but I think esports are big now and will only going to get bigger in the future. The future is esports and that's a fact.

[@manginil]

I am 61 and an PS4 gamer, excited about the esports programs sprouting in various colleges and universities

[@DocMatthews0311]

I’m now 51 and I love this. Encouraging my son to study Esports!

[@shiina_mahiru_9067]

Our school has a large PC gaming room, but not a esport team yet...

[@Paco1337]

my high school had pc with windows XP rofl:

[@xoltronvox6703]

my highschool has a intel core duo computer

[@richardphilip2766]

My school is telling games are bad if you play games you will get addicted and you will die 😓 they no nothing about esports

[@sunilkc5927]

Every parents though... They dont like their children playing video games 😂😂

[@jayeicdx]

Shroud was lucky since his dad was the one who introduced him into gaming in his childhood

[@viratchhikara992]

@@jayeicdx who is shrood?

[@Anbuish]

Virat Chhikara immensely popular streamer on twitch

[@gilgameshso2508]

@@Anbuish U missed his joke.

[@fuckedupbody4194]

Listen man it ain't a career path til a P H A T check comes in the mail. Like many rappers will tell you, their parents heavily advised them not to pursue rapping as they said that it isn't a career and that they're wasting their time rapping...til that 6 figure check came in

[@curiouspeople6441]

Esport will Surpass Football, BasketBall , all sports Combine

[@n3gi_]

Sports Industry is 1000 times bigger than eSports. Get a life kid.

[@officialpranb3518]

@@n3gi_ soon it will not be

[@n3gi_]

@@officialpranb3518 It will at least take 100 years for that

[@officialpranb3518]

@beep boop Beep FACTS DON'T CARE ABOUT YOUR EMOTIONS!

[@herikaniugu]

@@n3gi_ 100 years? Now almost everyone playing video games

[@jacklam6140]

2:20 LOL is much more complicated than the mario racing game I’m used to 😂😂

[@raosiddharth4726]

exactly, and he gave that to mario noob

[@Erc294]

I'm sure most people in solo queue play with one hand like him.

[@anonymouswolf2473]

Boss even if I don't understand the content of the video I watch it till the end for your voice and presentation u r the reason of my subscription 😄😀😀😀

[@zer0cx110]

I have known that the gaming industry is growing for a long time; however, according to this video, that rate that it is growing at is way faster in Asia..

[@jasminelong1021]

It's interesting too because over there they focus so much on career and some don't like their children doing this but it's big over there.

[@DocMatthews0311]

This should come as of no surprise. Half of all gamers are in Asia.

[@laurynas6729]

On 8/20/2019 Dota 2 International will start and the Prize pool is 33,350,000$.

[@venkate5hgunda]

Man, these researchers have no boundaries whatsoever on their subjects.

[@joshuac6891]

pretty respectful journalism, i appreciate it

[@esportsrevolution9244]

Cool to see a major publication head to one of the epicenters of pro gaming to collect their thoughts on the industry.

[@team3am149]

Why would you cover some random internet cafe in Hong Kong instead of covering actual industry-defining tournaments from games like LoL or Dota?

[@samuelstrunk5525]

cause everyone else already showed the league worldcup and cause it is interesting to see depth of it. If there are growing collegiate competitions, it is really amazing cause it shows it isnt just only a few big events everyone tunes into, but a huge industry. This being said, if it comes to size of esports and money in it people could start looking at the chinese lol league(LPL), which is huge, not only in regular viewership but also in investment.

[@ricecakeFTW]

Man, we have come far from counter strike....lol

[@rohitn707]

Getting paid for playing Games.. *Awesome*

[@tankofficial5637]

its ot sunshine mate esports is proven to be harder then traditional esports and has more sacrifice

[@msmith2654]

What happened to xin en lee? She was one of my favorite reporters on this channel

[@markto4598]

Didn’t even know this was a thing in Hong Kong... and I live here

[@abdallaibrahim2242]

It takes me 2-3 hours playing PUBG mobile.

[@edwardsnowden2313]

That ain't gaming, more like GAYMING.

[@rohith6100]

@@edwardsnowden2313 oh come on, even pubg mobile is an ESports game now

[@AeonStudiosFilm]

Mine 4-5 hours a day

[@5iker_]

Same I also play pubg mobile

[@theotherside931]

*Well, we don't have game players here in my country.*

[@verycoldice4]

not sure if they got out and went back to Missouri but Hong Kong has a lot of protests ...

[@kylebricky6419]

Well now these days its the coronavirus

[@nraihk]

Damn I had no idea there was a massive Esports complex in HK and I live here! Ima be heading there real soon 😂

[@bipulpandey2115]

I don't about you but i learnt a lot about eSports. Who job was to make us learn. 😉

[@kdmkevin5146]

why will the number of esport enthusiasts decrease between 2019 and 2022?

[@LightsOnShetland]

0:07 Slowly puts down my beer and side glances at my Mario shrine. 😌

[@alixier88]

how about TI?

[@yumibernie2822]

Think about investments in the companies around this.

[@timothijssen6128]

Hi guys, I was wondering for anyone who is into esports and want to stay in shape; what biggest problems are you struggling with? I am asking this because i want to gain muscle and i'd be awesome to hear you guys' stories!

[@experience_point6233]

I have been gamer my whole life and it is my favorite hobby, heck that is where my user name comes from but I don't see what is so point of esports. I mean games are interactive medium that's what separates them from movies, TV shows etc I don't understand what is the point of watching someone play games? If you are a gamer you should want to play the games yourself. That's why I never understood popularity of Twitch and other similar services same as esports. Also I heard career of professional gamer is not really all sunshine and rainbows I mean you need to play one game all day long for 12+ hours per day in a house where your are living with you whole team so no privacy and that their career is short one. When your hobby becomes your job doesn't sounds enticing to me at all.

[@experience_point6233]

@@ARM3LO Yes but games are INTERACTIVE medium that is the whole point of them, lose that and you lose all point in video games as medium. You might as well watch movies and TV shows then instead.

[@tankofficial5637]

a gamer behind his time? just like boomers who are behind there time and are ignorant and biased and a GAMER is one of them?? were evolving...just backwards.....also yournot a "real" gamer then

[@experience_point6233]

@@tankofficial5637 I have been playing games from probably before you were even born. I have owned almost all PlayStation and Nintendo consoles. Even now I have PS4, PS VR and Switch and thinking of getting Xbox Series X. So don't talk to me about what "real gamer" is. I am more of an gamer than someone who just watches someone else play games on the internet. The point of gaming is interactivity, why would you want to watch someone else play games instead of playing them yourself? You have TV shows, movies, anime for that. And I don't like future of gaming at all and where it is all headed. Subscription services, live services, digital, forcing agendas into games etc. Soon you will own nothing. 90s and early 2000s were the peak gaming it is all downhill from there.

[@anonfalco7880]

For being a pro, that's actually the insane amount of effort to be the best in the world at anything. Might not be all that to us, but for them they love it, and the rewards they get from it

[@maharlika6838]

With the pandemic around esports now are the only sports entertainment that can virtually commence without physical contact

[@dime_nticati]

Compliment for the service!

[@opaulodetarso]

An incredible story.

[@Pedrocas]

PORTUGAL CARALHOOOO

[@andresrafael1570]

La mayoría de los jóvenes en mi país juegan League of Leyends Aquí está su sueño 😁😁😁😅

[@creative_cooper]

Anyone knows the music @ 3:21 ?

[@jabman_]

Love this sports.

[@tankofficial5637]

glad you do unlike other boomers who are ignorant and biased and behind your time

[@SnipingMachines]

Stopping by to drop some ❤️❤️❤️

[@jrukawa11]

No protest in HK?

[@SnipingMachines]

Keep uploading ❤️ Ill be back in the future

[@del.see.oh.89]

I really, really don't like eSports but by nieces and nephews love them.

[@tankofficial5637]

as long as your not behind your time and ignorant and biased

[@karendulnuan5372]

watch the chinese drama "the king's avatar" and you will appreciate what really an esports is.

[@arbaz79]

Why?

[@alfred379]

King's avatar - one of the best anime even though its Chinese anime

[@karendulnuan5372]

@@alfred379 The live action is currently airing right now. You can watch it on WeTV app.

[@mandingo4698]

Nah king's avatar is inferior. All chinese anime ,movie or drama is not worth watching. Bland and annoying chinese language is not very pleasing to listen to. japanese anime and american movies are way better. Way better than all those chinese copied crap.

[@dgreact2024]

Oh, Yeah. This is industry is just at its inception..With AR and VR, It will grow many fold.

[@bouhannacheabdallah]

Who sponsors this whole competition ,and what and how they gain from it ? Last question what are the qualifications to enter it

[@da_revo5747]

Usually a bunch of companies that sell computer parts or gaming peripherals/hardware. Though it's starting to attract more mainstream brands too.

[@AllainEsquivel]

Ads... its all advertising man. Just like any traditional sports.

[@redhawx4216]

Qualifications? Just be good at it. Lol

[@nick9812PH]

ez ads

[@Gebbeth]

In Europe you are qualified to University European Masters by winning national collegiate league(currently 9 leagues), then UEM winner is qualified for League of Legends International College Cup(World Championship).

[@Basu770]

I like this guy's reporting over the past year but he was a terrible choice for this video, very ignorant, great guy though.

[@AlkaPwnige]

How so? If you're referencing his kind of farfetched analogies its meant to showcase contrast as all these videos are created toward very very casual people. I know it may seem simple to someone who knows a lot but in a similar vein it would be frustrating for someone with no knowledge to understand what's happening if he didn't do that.

[@Paco1337]

Hey,let's give guy that don't play games and don't know shit to make an interview...rofl:

[@anonfalco7880]

He was actually quite respectful, and it's better to have these middle ground people. Because if it's just a proper gamer reporting, people that don't understand will just see them as 'some gamer' and not realised what we do is actually fine

[@K4R3N]

Where my simracers at?

[@WheresTheAnyKey1]

how did you get in and out of HK

[@michaels7900]

WheresTheAnyKey1 That’s what I was going to ask. 😂

[@gamers-xh3uc]

is called a pro gamer move

[@5iker_]

Fun fact: most of you are not parents 😂😂😂😅

[@Atipat12]

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

[@Atipat12]

COOL

[@adamknight5089]

$5000 USD for 2nd place? That doesn't even cover airfares for the team. Whats the go?

[@connorkedward9011]

Kira Lee doesn't include things like sponsorship money

[@Gebbeth]

Travel and accommodation is payed by tournament organizers.

[@scipioprime69]

Experience and exposure? If you win you have better chance of going on another level of competition. And talent scouts are there watching.

[@flurinjenal374]

What's the future of esports?

[@upwala01]

3to4h every day wow in India we play 9to 10hour

[@r2.b2]

That’s sad. Please play cricket instead.

[@hakabaka8301]

This Guy's Good #maorigaming

[@rennyzero420]

Esports Arena?

[@ibarrabaganilegarda2844]

Try covering dota 2. Prize pool is crazier than league of legends which have a mediocre prize.

[@kds9746]

Hi

[@hummingbird3122]

Without South Korea eSports are nothing

[@saysay7191]

That's highly false

[@anonfalco7880]

China E Sports is bigger actually. South Korea is top tier too tho

[@scipioprime69]

Not really. I play League of Legends but it is little compared to Dota 2. Koreans are nowhere to be found on Dota 2.

[@irvingr7538]

Lol how much they get each thoe

[@SenapatiAN]

What I learned: Andrew is jetlagged

[@LilypadOW]

2:09 they cant keep getting away with this, actual donkeys

[@raosiddharth4726]

you gave a mario noob to play LOL, dude its insulting for LOL

[@waxsanchez783]

It’s like mobile legend

[@gibbyboi5703]

Kids game yikes,

[@Pedrocas]

PORTUGAL CARALHOOOOOOO

[@michaels7900]

I thought those kids were at the airport for the protest.

[@jacobcooley8052]

poker rake the shit out of this.

[@m.lhussain2951]

Like this never happened in science fiction novels

[@augustinefaithdefender]

I am drunk, I thought it was about escort 😟

[@AtomAnt1]

Why is it called esports and not just egames? These are gamers, not sportsmen.

[@alfred379]

Because its recognized as sports so its esports

[@AtomAnt1]

Alfred War Recognised as a sport by whom?

[@da_revo5747]

It's definitely more of a sport than Golf or Chess

[@nuclearwaste2062]

@@AtomAnt1 Its recognized as a sport by the USA as all as international organizations.

[@scipioprime69]

He's mad lol.

[@user-ml4kg7gx4p]

خوب

[@laupeter4594]

I cant see how it can become mainstream sports...try and live a real life where you use real skills to earn real money.

[@kilnareth7970]

So the money earned by those that play in major tournaments aren't "real" money? I do wonder what is your definition of "real" money.

[@anonfalco7880]

Plenty of gamers making $100,000+ is that not real? Second, why should they aim for a dead end job they hate? Follow your passions. That's how millionaires become millionaires in the 1st place. Passion

[@Zman201]

I hope this also applies to traditional sports. Because by the way you describe eSports those wouldn't "real skills" either .

[@BrokenNoah]

...."live a real life"..."real money" Average bait. Try harder next time.

[@ehsan3516]

Pubg

[@arbaz79]

I will never understand getting enjoyment by watching others play games.

[@isaaclalnunzira6981]

if you dont enjoy it then fine but it doest mean that more than a hundred million people dont enjoy it either, in fact they do

[@Anbuish]

Mikey Yosh *laughs in gibus sniper*

[@tankofficial5637]

@@ORiGiN-ip1kk origin you curbed stomped him... fucking LOVE you man

[@anonfalco7880]

Same reason for Sports. The story lines, seeing absolute peak performance, the tactics, the trash talk, the players, etc.

[@scipioprime69]

Watching these pro gamers do their thing lets you realize how better they are than you hundred times. You'd enjoy watching them if you understand the game mechanics. MOBA games are like Chess but every piece is being controlled individually and playing as a team is the key. Every milisecond counts and little mistakes could cost you the game.

[@fakih121]

Ah wasting thousands of hours on video games.

[@adamknight5089]

You probably wasting thousands of hours watching TV shows/movies etc also. You're also here watching KZbin videos, seems like a waste of time also.

[@moreid202]

@@adamknight5089 I agree with your comment apart from the KZbin part, a lot of people just use KZbin to watch news.

[@thefirsttime7759]

Ok boomer

[@tankofficial5637]

wait until this ignorant man finds out esports is a reconized sports bigger then all sports combined and also is even harder then traditional sports all you boomers are clowning yourself and you dont even know it

[@hemantks4353]

@@adamknight5089 I always watch movies that makes me learn something. I mostly watch KZbin for knowledgeable stuff. eSports is trash

[@jrukawa11]

Is not a sport

[@hummingbird3122]

E-sport lol?

[@tankofficial5637]

@@hummingbird3122 incorrect it is a sports and a reconized one too

[@khuyennguyen73]

The shortest way to destroy your health.

[@shingosshojiopoulos6608]

Boomer

[@Anbuish]

Sorry to tell you but most gamers, including myself, are skinny as hell and pretty well in shape. We actually look down upon the basement dwellers.

[@datguyoverdere6616]

eSport is illegal in NA

[@thefirsttime7759]

Who told you that

[@tankofficial5637]

think hes drunk

[@Cristian-ng5cj]

This is so dorky and lame lol

[@wowbruh2511]

Lmao the lowest major league sports in America, nhl (mls doesn’t count because it’s not popular enough to be major league here) makes 4 billion each year. Esports sucks lolll

[@ohno8686]

eSports doubled their Revenue in 3 years while the NHL aren't expected to double their Revenue in 3 years and not only that The LoL finals in 2015 exceed the NBA finals in 2015 in terms of viewers...

[@saulgoodman2018]

Schools esports team? So now you can go to school to play video games? Esport is not athletics . Essort is not a sport.

[@jimmyperkinsbig]

Trevor Phillips “essort”

[@webwizes5620]

Explain why it isnt a sport

[@reeeec]

Try to explain Let's see how you handle it

[@thefirsttime7759]

Ok boomer

[@isaaclalnunzira6981]

esport is sport with an E in it...simple

[@amosteo8068]

The rise of dweebs n nerds. N they're still nerds n dweebs

[@Anbuish]

And you guys will still be known as muscle heads and jocks, also nice pfp I see you with that leaf village headband

[@ankitshrivastav4455]

What a waste..

[@tankofficial5637]

it isnt mate.. your just ignorant and biased and behind your time like all the other boomers. esports is also proven to be a real sports backed up by science and major sports lueages and by usa