The COVID pandemic changed the plans of all industries in the world, both those smaller and larger market leaders, so it didn’t bypass the esports industry. The idea of the Esports project was to gather the best gamers in the world who will compete against each other in playing the most popular games for which the gaming world has gone crazy.
The format of the competition is organized in such a way that it includes tournaments that are held in the presence of the audience. Such events were covered by the media as some of the biggest world championships, and the goal was to grow from year to year. These gaming championships include teams that fight to win against other teams. Therefore, the players in the team are united on the way to victory, constantly practicing in organized training in the presence of the coach.
The power of association later results in great strategies and the development of top skills in all team members. Each of the members has its own task and role and all together strive to implement the previously established strategic plan. Despite the global problems caused by the pandemic, it could be said that sports are successfully fighting the challenges of today. Here are the changes that Covid has brought to this industry.
In Quarantine, the need for entertainment grows
To influence the suppression of the risk of infection, the authorities of many countries have decided on a complete lockdown. Such an idea seemed cool to some at first hearing because it meant no going to work or school, but it soon turned out to be harder than it sounds, as many sources of entertainment had to be found. This was the moment when esports came into the focus of interest.
Lockdown forced people to stay in their homes and spend their time the way they wanted. This left all fans of e-sports and games all the time in the world to enjoy watching the competition. Also, bookmakers remained open to all those users who wanted to try to predict the outcome of the competition and win some money. This was also a great period for certain games that are expansively starting to capture the interest of audiences like CS: GO, according to information that can be found at MEBO.
Online tournaments instead of traditional ones
Esports tournaments are organized like big sports events. Venues are large arenas with gaming rooms where competitors are located and the game is broadcast on big screens. The role of big screens is to improve the experience of people who are in the audience and who have come to support their favorite teams and enjoy the game. This is what the traditional tournaments that took place before the declaration of the world pandemic looked like.
Taking into account the social distance, which was a mandatory measure and which prevented the gathering of the audience, the organizers decided to turn things around in their favor and started organizing online tournaments. This certainly drastically changed the atmosphere at the venue, but passionate esports supporters were able to enjoy watching the competition, regardless of the new situation.
In this case, this industry took advantage of high technological development and found a way to make quarantine days more fun for fans. Besides, it has brought a lot of benefits to the industry itself.
The lack of regular sports tournaments makes esports an even more desirable form of entertainment
Traditional sports such as basketball, tennis, football, and others have felt the effects of the pandemic to an even greater extent. It was not possible to hold the matches due to the current aggravating circumstances as well as the absence of the audience, whose presence is indispensable when such events occur.
This is another of the things that went in favor of the esport industry. Traditional matches, despite all the popularity of this new industry, have always been favorites. The pandemic has now left them one step behind these competitors. This left room for the gaming competition project to reach even more audiences.
As the organization of leagues and tournaments was stopped for some time, there were no matches to watch. And as the gaming competition was somewhat similar to the game, it quickly gained popularity among users as a new form of entertainment.
The organizers’ earnings are getting lower
The esport industry was a fast-growing industry that easily and quickly gained popularity among audiences and players. Thanks to that, the profit that was gained through the organization of the tournament grew quickly, so that the organizers could only be damaged by a situation like the one we are in. Over time, their earnings began to decline.
Therefore, it was necessary to take certain steps regarding the financial plan. The sources of funding that have worked perfectly so far have no longer be sufficient. To maintain the optimal level of profit, it was necessary to reorganize financial activities and look for new investment sources.
When we talk about the consequences of covid, which were certainly present in this case as well, regardless of all the positive outcomes, the loss of profit could stand out as one of the biggest.
The growing interest of various investors
This could build on the previous paragraphs. So, investments in the world of sports so far have been mainly focused on football, basketball, and other traditional sports, which have always been a great passion of fans. It was also known that by investing in the traditional sports industry, there are really great chances for successful profit.
But, given that it was shaken by the great consequences of the pandemic, gaming competitions were allowed to potentially be in the focus of investor interest. And so it was. On the other hand, the loss of profit required finding ways to attract new investments. That was one of the possible ways to overcome the new crisis.
We could definitely say that COVID brought great changes to the e-sports industry, but it cannot be said that they were all negative. Gaming fans are enabled to enjoy the competitions from the comfort of their home with a completely new experience. Take advantage of all these advantages, until some better times when you will be able to feel that old exciting atmosphere live again.