GUANGZHOU, China — Shanghai has broken ground on a major e-sports events hub as the city pushes to become the leader in competitive gaming.
E-sports refers to competitive video gaming which is growing quickly globally. Over the past few years, e-sports tournaments have managed to pack out large stadiums with fans flocking to watching their favorite players.
The venue, named the Shanghai International New Cultural and Creative E-sports Center, will cost 5.8 billion yuan ($898.2 million) and span 500,000 square meters. It is designed to be a hub where e-sports teams and companies can be based and will have a hotel attached.
Shanghai has looked to position itself as a global e-sports center. Last year, the city hosted the “League of Legends” World Championship, one of the biggest events in the e-sports calendar.
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Full article here – https://www.cnbc.com/2021/01/06/shanghai-begins-construction-of-a-898-million-e-sports-arena.html
