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E-sports earnings on the rise
Mint Mumbai
|December 07, 2023
India's 42.5 crore gamers, second only to China, saw a string of e-sports events with substantial prize money
Online sporting (e-sports) events are emerging as a big revenue opportunity with growing enthusiasm for the nascent gaming sector in India, industry executives said.
The country, with 42.5 crore gamers, second only to China, saw a string of e-sports events this year with substantial prize money on offer. On 27 August, e-sports firm Nodwin Gaming, a subsidiary of the only publicly-listed gaming company Nazara Technologies, concluded the second edition of its Battlegrounds India Master Series (BGMS). The tournament set up its highest-ever prize pool of ₹2.1 crore (~$252,000), with ₹1 crore (~$120,000) earmarked for the winner. It was also broadcast live on traditional broadcasting platform, Star Sports Network, as well as on digital game-broadcasting platform, Rooter.
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