League of Legends esports still hasn’t turned a profit. That’s okay, says Riot. – The Washington Post

League of Legends esports still hasn’t turned a profit. That’s okay, says Riot. – The Washington Post

For the past month, Riot Games has been hosting the League of Legends World Championship, a tournament where 22 professional teams across the globe compete in person to win part of a $2,225,000 prize pool. This year, DWG Kia, formerly known as Damwon Gaming, from Korea will face off with Edward Gaming from Riot’s China-based league for the title on Nov. 6. The tournament is the biggest annual event for what is the most popular PC game in the world; over 100 million people play “League of Legends” every month.