Although demand for eSports continues to rise every day, helped by Twitch and YouTube, making money from competitive gaming can be hard (unless you're a successful player). It's a struggle that UK eSports events company Gfinity knows all too well after it revealed it lost £3.6 million in its first full year. Given that the company invested heavily in getting its business off the ground, which includes the launch of the UK's first dedicated arena, the loss doesn't come as a surprise, but it does highlight the need to quickly convert its growing audience into paying customers.
Via: Gamesindustry.biz
Source: Gfinity (PDF)
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