Tag Archives: eSports

The Upward Trend of Esports

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More news in the world of Esports has emerged since my last post about professional gaming. The NBA franchise, the Miami Heat purchased a significant stake in the Esports organization, the Misfits on January 10th. The Heat also announced a partnership along with this deal, in which the basketball franchise will “cross-promote” both organizations. The team tweeted a picture of both the Miami Heat’s logo and the Misfits’ new logo side by side. The Esports team changed their logo to match the color of the Heat’s logo, further promoting the partnership. The basketball team’s CEO, Nick Arison made an official Continue reading The Upward Trend of Esports→

Dependency on Sponsorship: Professional Gaming

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Video games have been around since the 1950s when the “cathode-ray tube amusement device” was first invented. But now video games have taken a new form of entertainment as “professional gaming” has become popular in the last few years. The video game industry has seen much growth, especially over the 21st century, and the industry has realized a total revenue of about $23.5 billion in 2015. Of course, with this type of money flowing into the industry there must be consumers who are dedicated to these products and there are. The reason that the industry has been expanding is because Continue reading Dependency on Sponsorship: Professional Gaming→

Thesis Corner: Lorraine Black on Video Games

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Below I present an interview I had with our very own Lorraine Black, discussing her highly intriguing senior economic thesis. Let’s dive right in! Okay, first couple questions: what was the topic of your thesis, and why did you pick that? The topic of my senior thesis was the economic behavior of consumers that play free-to-play multiplayer online video games. I picked it because it struck me as pretty irrational behavior in a relatively new industry. Also I like video games. Good a reason as any. What were your findings? I conducted a survey of 300 League of Legends players Continue reading Thesis Corner: Lorraine Black on Video Games→