“With Esports Stadium Arlington, we have positioned ourselves as both a national and international leader in the emerging esports industry. I can’t wait for people to see this state-of-the-art facility, the largest and most flexible esports stadium in the country,” said Arlington Mayor Jeff Williams.
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Founded by FACEIT and supported by YouTube, the Esports Championship Series will end its sixth season with a four-day Finals event that will see the world’s top Counter-Strike: Global Offensive (CS:GO) teams compete for the grand prize of $250,000 USD, the largest piece of the $750,000 USD prize pool for Season 6.
Convention center renovation costs “would be repaid through annual lease payments, event revenue, stadium naming rights revenue and other opportunities associated with catering to the esports industry,” the city said in a press release.
The global esports market was valued at $493 million. By 2019, it is expected to reach $1.1 billion, according to newzoo.com.
When the stadium was first announced in March, Ken Hersh, a minority owner in the Texas Rangers and a co-owner in Team Envy, an esports franchise, said it is similar to a traditional professional sports league.
“I see it exactly the same,” Hersh said. “It’s entertainment. It’s engagement. It’s excitement. The players have skills. They have an affinity for their team and there’s competition.”
This report contains information from the Star-Telegram archives.