MGM makes its move in the blossoming esports world

MGM makes its move in the blossoming esports world

Thursday, April 20, 2017
Las Vegas has certainly not been a place that has shied away from the burgeoning esports industry.

Esports continues to draw worldwide attention. There’s no lack of huge forecasts or predictions for the industry and investors have taken notice. There’s been substantial investment from the traditional sports space as people look to grab an early slice of the proverbial pie.

Las Vegas has certainly not been a place that has shied away from the burgeoning industry. With the Nevada Gaming Control Board allowing wagers on certain esports events, the foundations have been lain for esports and Sin City to become a match made in heaven.

Fast forward but a few months and Millennial Esports have opened “thE Arena”, a dedicated esports space in downtown Las Vegas in their bid to recapture the imagination of millennials. The launch of the 15,000 square foot space has been well received and it continues to offer an alternative option for youngsters seeking something different from the glitz and glam of the casino floor.

The MGM Grand recently played host to DreamHack Las Vegas, a tournament where the best Counter-Strike: Global Offensive teams battled it out for a staggering $450,000. The tournament obviously made the MGM Group sit up and take notice as they’ve recently announced plans to launch a multi-tiered 30,000 square foot esports arena in their Luxor hotel.

Nik Rytterstrom, the General Manager of Luxor told TotallyGaming.com: “As the leader in the entertainment industry, we need to be mindful of always keeping our experiences fresh and exciting for our guests. The Esports Arena opening in early 2018 will offer Las Vegas visitors and locals a new entertainment option, one that welcomes people who are interested in gaming in a different way.”

He continued: “We have closely watched the growth and excitement around esports. This growth is evident as we’ve seen event viewership grow at a high rate on major networks as well as the large increase in worldwide competitions including events such as those we’ve hosted at MGM Grand and Mandalay Bay over the last 18 months.”

“Fans of esports will be wowed by what we plan to launch; it is a 30,000-square-foot, multi-level venue unlike any other in the industry, and certainly unlike anything here in Las Vegas.”

Totally Gaming says: There’s been murmurs of Vegas trying to become the esports hub of the world. With Luxor opening such a substantial arena this is certainly a step in the right direction.

 

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