Earn Big Money Playing With Your Smartphone
Bloomberg Businessweek|April 16, 2018

Esports competitions, like the rest of the video game industry, are shifting to smartphones

Eben Novy-Williams
Earn Big Money Playing With Your Smartphone

For much of the past six years, Andrew Paradise felt like an outsider in esports—a new revenue source in the video game industry, built around enormous multiplayer competitions. Skillz, his mobile esports platform, was small in comparison and deemed fringe by his peers. They were focused on PC games with dazzling, hardware-hungry visuals. Not phones.

But things are different now. At the annual Game Developers Conference held each March in San Francisco, on the day dedicated to esports, one of the first panels focused on mobile game competitions. More than 200 developers visited the Skillz Inc. booth. “Mobile esports was the hottest thing at GDC,” Paradise says. “The industry is shifting very quickly.”

Esports contests have gone from peripheral affairs to massive spectacles, with investment from billion-dollar game publishers, broadcast TV networks, and venture capitalists pouring into teams adept at PC games. Mobile games such as Angry Birds and Candy Crush attract more players—2.2 billion worldwide, according to researcher Newzoo— but generally not the kind who’ll train for tournaments. Now that phone hardware is good enough to run more complex games, even hardcore players are shifting their attention to phones. Six-year-old Skillz, the mobile esports leader, says it hosts more than 1 million tournaments a day and has doubled its monthly revenue, to $16 million, in the last nine months, putting it on pace to blow past $200 million in the next year.

This story is from the April 16, 2018 edition of Bloomberg Businessweek.

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This story is from the April 16, 2018 edition of Bloomberg Businessweek.

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