OKBET LEAGUE OF LEGENDS NEWS : EDWARD ESPORTS STADIUM
The current League of Legends world champions, Edward Gaming, have announced their intention to build a brand new esports venue in the Minhang District of Shanghai (New Edward Gaming Esports Stadium).
The Shanghai International NCC&E (New Cultural and Creative Esports Center) will be the name of the new stadium that will be home to the LPL club. Chaojing Group, better known as SuperGen, the parent company of EDG, will be in charge of the construction of the venue.
The development site will cover a total area of 500,000 square meters, and the overall goal of the project is to “create the world’s first new cultural and creative esports city.” The complex will include two stadiums, referred to as “Super E-Sport” and “Super Show,” with the main stage situated smack dab in the middle of the venue.
The Location of the “Super Show”
The initial location encompasses a total area of 10,000 square meters and provides seating for 3,000 individuals. This is the designated venue for international tournaments, and it may also double as a multi-functional arena for other sports or performance events.
The “Super Show” is the primary location for hosting international contests due to its building area of 10,000 square meters and its 3,000 permanent seats. It is possible to set it up in a variety of ways, making it a versatile arena that can be used for things like basketball games, fashion exhibitions, and even intimate concerts.
The “Super Show,” which will cover 6,000 square meters and have 1,000 retractable seats, will serve as Edward Gaming’s home turf. This stadium will serve as the primary location for esports competitions and will play host to all of EDG’s games.
The project is a vast commercial business that will, among other things, hold esports competitions. It will also have multiplex theaters, restaurants, a shopping mall, dining halls, and stores with a sports theme, to name just a few of the establishments that will be included.
If construction goes forward as planned, the SuperGen Arena would become one of the single investment projects in the global esports business that receives the greatest amount of funding overall, with an initial investment of $720 million (or 5 billion yuan). Over $1.4 billion is anticipated to be spent on the entire project (10 billion yuan). The construction is scheduled to start in 2023, and the completion date in 2025 is anticipated to be the target.
Will There Be More Stadia Devoted to Electronic Sports in New Edward Gaming Esports Stadium ?
At the moment, there are not a great number of locations that are solely devoted to the goal of hosting esports competitions; nonetheless, the landscape of this sector is rapidly evolving. At this time, event organizers make advantage of preexisting venues such as sports stadiums and conference buildings that have the potential to be outfitted with LANs and changed properly.
The number of people who play video games, however, is expanding at a rate that is orders of magnitude faster. It increased from 193 million in 2019 to 223 million in 2020, and it is anticipated that it would acquire another 70 million by 2023. And this only accounts for the die-hard fans; taking into account the more casual players and viewers would send that number soaring through the stratosphere by hundreds of millions. The development of the huge homeground for the League of Legends Pro League (LPL) is just the beginning of this recognition by major sponsors and organizers of esports competitions.
Glytch, a company that specializes in esports, has a bold plan: over the next ten years, they want to construct 32 different esports stadiums all throughout the United States. They believe that state-of-the-art stadiums might attract even larger crowds by offering a centralized infrastructure for esports, which is their ambition to monetise in-person audiences for digital games in the same manner as traditional sports. The construction of each stadium would run between $54 million and $75 million, and they would each have between 1,500 and 3,000 seats spread out over a total area of 120,000 square feet.
Although Glytch’s business does not yet have any major sponsors, they have already begun construction on their first stadium in Los Angeles. This city is home to a number of the most successful esports teams and gaming companies in the United States, including TSM, Immortals, Cloud 9, Team Liquid, and FaZe Clan. Of course, in contrast to South Korea and China, where there is already a market for fans to watch live games, this target group in the west may still require some more cultivation.