The esports business is getting to be a lot like pro physical sports. The latest example of that is that a professional esports team, the Immortals, is acquiring another team today, Tempo Storm‘s Counter-Strike group, as part of an attempt to establish a powerhouse franchise in a fledgling industry.
After many years in the wilderness, esports has matured. It is expected grow to $892 million by the end of this year, market researcher SuperData forecasts. And the investors in the market are in a bit of a rush to stake out territory that they believe will be valuable in the future.
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