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Articles Posted in Entertainment and Esports

Legal Support in the Growing Esports IndustryBelong-Arena-2-300x225

The global esports industry has grown rapidly, from an underground movement to current events at Madison Square Garden. For those who may be unfamiliar with the term, esports is the world of competitive video gaming. No longer is it confined to the bedrooms of teenagers or the basement of parental homes. The newly popular industry now garners hundreds of millions of viewers each year and is estimated to bring in $2 billion in revenue in 2022. The industry has captured the attention of companies such as Amazon, NASCAR, and Mastercard, all of which committed themselves to sponsorship deals with various esports events in August 2021.[i]

Here in Tennessee alone, the esports industry has already developed a foothold, and it is only getting stronger. Belong Gaming Arenas, a massive UK-based esports gaming company, is on a mission to open 500 arenas in the United States, with one recent opening in Franklin, Tennessee at Cool Springs Galleria – right across the interstate from our Cole Law Group office. Martyn Gibbs, CEO of Belong Gaming Arenas, expressed that “Nashville has developed an incredible gaming scene and we can’t wait to provide a home for the Middle Tennessee gaming community to continue growing.”

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