ReKTGlobal wants every city to have an esports venue

ReKTGlobal, an esports infrastructure company, has announced plans to start three new divisions as it seeks to help expand the competitive gaming market. The esports industry is projected to reach $696 million this year, with 41.3 percent year-on-year growth, according to market analyst NewZoo.

ReKTVenues, ReKTLive, and ReKTMedia are the new divisions. Venues will construct new places that can hold esports competitions, and it will also refit existing locations. ReKTLive will bring esports events to conventions and fan festivals. It will create new esports content with “new and traditional media companies.”