• Loading stock data...
Friday, June 21, 2024

Esports Is Now A Pro Sport in India

  • The Indian government has reclassified esports as sports.
  • The move opens up new revenue and investment opportunities.
Chris Caldwell / The Spectrum & Daily News

In the world’s second-most-populous nation, esports is officially a professional sport.

India has reclassified competitive gaming as a multisport event, separating it from online gaming and moving it into the same category as cricket, soccer, and other sports.

The country’s Esports Federation approved what it deemed a “monumental decision” in order to grow its pro presence and league ambitions.

  • “While online gaming is a loose term referring to playing any video game regardless of platform or level, esports refers to competitive video gaming,” wrote government officials.
  • The shift will open up sponsorship and investment opportunities for esports.
  • Esports will now be overseen by India’s Department of Sports.

“It will only be a short time until we see esports being placed in the same league as cricket, football, basketball, etc., and having similar fan power, scale, and craze,” wrote the EFI.

Gymnastics rings

India Wants to Host 2036 Olympics

India is considering a bid to host the 2036 Olympics.
December 28, 2022

Leveling Up

Esports was a medal event at the 2022 Asian Games, with competitions for eight games including “FIFA,” “League of Legends,” and “Street Fighter V.”

The International Olympic Committee will hold its first Olympic Esports Week in Singapore in June.

Global esports prize winnings reached $220.9 million in 2022, per esportsearnings. Indian players placed 29th among all countries with $1.6 million, while Chinese players led a collective $45 million in earnings.

The top 10 esports teams were worth an average of $353 million as of May 2022, according to Forbes, with top team TSM reaching $540 million.

Copy Link
Link Copied
Link Copied

What to Read

TV Companies Losing Subscribers As Sports Rights Deals Continue to Rise

Four major TV provider companies reported huge losses.

Border War Intensifies: Kansas Makes Swift Move to Lure Chiefs and Royals

A bipartisan supermajority of Kansas legislators approve bonding for new stadiums for the Chiefs and Royals.

U.S. Hosts Copa América: A Milestone in Soccer’s Oldest Tournament

The U.S. hosting of the tournament follows a larger partnership between two major soccer federations.

Spring Football’s Future: UFL’s Mixed Results, Ambitious Changes Ahead

“You really need deep pockets,” former XFL commissioner Oliver Luck tells ‘Front Office Sports.’
podcast thumbnail mobile
Front Office Sports Today

How Women’s Sports Media is Charting Its Own Path


Featured Today

Jan 3, 2022; Pittsburgh, Pennsylvania, USA; General view of the NFL shield logo signage before the Pittsburgh Steelers host the Cleveland Browns at Heinz Field.

Odds Stacked Against NFL in Multibillion-Dollar Sunday Ticket Trial

Why the class action trial does not look promising for the league.
Jan 7, 2024; San Francisco, California, USA; Toronto Raptors forward Jontay Porter (11) takes a three-point shot against the Golden State Warriors during the second half at Chase Center.
June 9, 2024

‘Bound to Happen’: The Age of the Sports Betting Scandal Has Arrived

A banishment, betting scheme, and guilty plea all in one scandal-filled span.
June 8, 2024

‘Experimental in Nature’: The Rapid, Confounding Rise of Streaming Bundles

Here’s why confusion continues to outweigh solutions in the streaming package boom.
June 2, 2024

The Nostalgia Market: Michael Jordan’s Memorabilia Remains Coveted, With Caveats

Due to scarcity, and sometimes, items’ undisclosed whereabouts, this world has limitations.

IOC Proposes Holding Separate Olympics for Esports

The organization’s executive board has proposed a separate Olympics for online gaming.
February 29, 2024

Electronic Arts’ Layoffs Signal Ongoing Evolution, Struggles

The company is set to make a second major round of staff cuts in the last year.

How Daily Fantasy Sports Solved NBA Fantasy

The remarkable growth of the #1 Discord sports server in the world.

How HOKA is Reimagining the NIL Relationship

HOKA, the renowned athletic footwear and apparel brand, is betting on a new reality with NIL.
Oct 5, 2021; Kansas City, Missouri, USA; Bob Kendrick, president of the Negro Leagues Baseball Museum in Kansas City, points to the lettering outside of the museum Tuesday.
February 28, 2024

How Do You Keep Negro Leagues Baseball History Alive? Put It in a Video Game

Negro Leagues Baseball Museum attracting increased donations, visits from ‘MLB The Show.’
February 27, 2024

Sony to Lay Off 900 From PlayStation Team After Missed Sales Target

Cuts come amid a tough stretch for the gaming industry.
EA Sports
February 15, 2024

EA Sports: Summer Release for Long-Dormant College Football Video Game

Ed O’Bannon’s historic lawsuit led to the shuttering of EA Sports’ popular college games.
February 14, 2024

Was the Gatorade Color Compromised Before Super Bowl LVIII Kickoff?

Multiple gambling companies saw a sharp spike in the color purple prior to Sunday’s kickoff.