News Snapshot:
Revenue for China's e-sports market grew 14% year-on-year in 2021 despite a tough regulatory environment for gaming in the world's second-largest economy, according to a new report from intelligence firm Niko Partners. E-sports refers to professional gaming where gamers often play each other in big tournaments and fans watch via live streams. China remains the largest single-country market in the world with $403.1 million in e-sports revenue in 2021, Niko Partners said in a report published Thursday. "What China has is [a] sort of advantage in the e-sports space, is a really phenomenally large market with a really huge population...
