Playrope Aqua-Fun, are the Australian & New Zealand exclusive distributors for Vortex Aquatic Structures International, the world leader in aquatic playgrounds and urban water landscapes.…read more
China esports market value to hit US$1.9 billion this year
The Chinese domestic esports audience is tipped to hit 350 million participants with revenues to reach US$1.9 billion this year, according to a report by Tencent’s Penguin Intelligence.
The revenue figure represents income generated by tournaments, sponsorship, media rights, and money earned by teams and players. Prize pools for some esports competitions in China are hitting more than US$25.5 million.
Commenting on the findings, Wang Xu, Chief Analyst at gaming database Gamma Data Corp. told China Daily "there is still plenty of room for growth in esports players and viewers. With more gaming firms tapping into the esports sector, a growing number of key tournaments have been held by brands in China, and gained huge followings among netizens.”
Major cities in China, including Hainan, Shanghai, Chongqing, Xi’an in Shaanxi and Hangzhou in Zhejiang, are investing in esports infrastructure to encourage the growing industry. Hainan recently announced a one-billion-yuan fund to promote the development of its local esports sector, which will be used to support esports-related firms and to help host tournaments. Shanghai has also announced a desire to be a global esports hub within three-to-five years.
31st May 2019 - New guide explores the future of esports venues
14th April 2019 - Chinese eSports market to grow US$3 billion by 2020
19th February 2019 - Telstra to explain rise of esports at SPORTELAsia convention
6th February 2019 - New Hong Kong eSports facility seen as boost for city economy
16th November 2018 - New research shows increasing professionalism in eSports
18th April 2018 - Dubai announces plans to develop dedicated eSports stadium
6th September 2017 - TEG Analytics and TEG Rewards shine light on growth in eSports
28th April 2017 - Asian Games 2022 to feature eSports events
2nd March 2017 - Chinese eSports players generate US$730 million in revenue
13th November 2016 - LeSports Connect to present insights into sports business in China
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Founded in 1961, Myrtha Pools® quickly became Italy’s première swimming pool company, and has since grown into one of the world's leading swimming pool construction…read more
At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…read more
Humanforce is a global provider of workforce management solutions for companies who need flexibility to manage complex workforces. Companies use Humanforce to manage everything from time and…read more
The Jump Pad is a safe, flat inflatable made in a variety of sizes which can be used indoor or outdoor. From 3mx3m up to a whopping 9mx21m. Markets include Indoor and outdoor playgrounds, schools,…read more
As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd. Click here to view the VIVATICKET Pty Ltd listing. 19th July 2018 - ENTA…read more
Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!