Prize Pool For New E-Sports Tournament Is $5.5m

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Source:   —  April 01, 2016, at 5:00 PM

The base prize pool is the largest in e-sports, and it could obtain larger through crowdsourcing.

Prize Pool For New E-Sports Tournament Is $5.5m

Chinese retail giant Alibaba has announced a computer games tournament with a prize pool of $5.5m.

Once the preserve of teenagers with too much time on their hands, elite gaming is big business.

The new World Electronic Sports Games tournament will start in April and latest until December, and is open to gamers worldwide.

They'll compete online and at live events, with a no of favorite games featured such as Dota two, Starcraft two and Hearthstone.

But League of Legends - owned by Alibaba TenCent - won't be portion of the lineup.

The base prize pool is the largest in e-sports, and it could obtain larger through crowdsourcing.

But the $5.5m warchest is a drop in the ocean for Alibaba - which earned $1bn income in just eight minutes at one point latest year.

E-sports are increasingly popular, with professional gaming teams emerging and a tens of millions of regular online viewers.

The industry was worth around $750m last year, a figure that'south expected to grow to $1.9bn by 2018.

Latest mo Sky Sports screened the grand final of the FIFA Interactive World Cup.

It saw thirty-two of the world'south best FIFA gamers battling for supremacy in New York City.

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