The Downtown Grand’s William Hill sportsbook became the first licensed eSports facility in November. The Neonopolis, also a Downtown Las Vegas property, recently opened the Millennial eSports Arena, a 15,000-square-foot space that can seat 500 people.<\/p>\n
And the Strip’s Luxor casino-hotel is in the process of transforming one of its nightclubs into an eSports venue.<\/p>\n
Two years ago, Madison Square Garden played host to the sold out North American League of Legends Championship Series Summer Finals, which Counter Logic won. Corporate officials apparently liked what they saw, and did their research into eSports, which is projected to be worth $1.5 billion globally by 2020.<\/p>\n
\nMSG says its acquisition is to “help influence and shape the future of professional sports.” Counter Logic is one of the most popular eSports groups, with millions of fans across its social media and online platforms.<\/p>\n<\/blockquote>\n
Madison Square Garden hopes to combine those followers with its “rabid global fan base” to promote eSports. The Garden has served as the setting for some of the most iconic moments in the history of sports and entertainment. MSG apparently feels eSports is ready to take the stage.<\/p>\n","protected":false},"excerpt":{"rendered":"
The company behind Madison Square Garden is adding eSports to its portfolio of live entertainment offerings by purchasing a controlling stake in Counter Logic Gaming, the oldest and one of the most successful League of Legends (LoL) organizations. Counter Logic was founded in 2010 as an LoL team. It has since won two North American […]<\/p>\n","protected":false},"author":42,"featured_media":55706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,3312,10,19],"tags":[],"acf":[],"yoast_head":"\n
Madison Square Garden Buys Controlling Stake in eSports Franchise<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n