Pro video gaming: How eSports is taking off with big dollars behind it
The first Esports World Cup took place in Saudi Arabia in 2024 as the industry looks to take professional gaming mainstream. With eSports becoming more professional and prize pools increasing, there is hope from insiders that the world of video games will be more widely accepted as a sport. Ralf Reichert, CEO of the Esports World Cup, joins CNBC's Tom Chitty and Arjun Kharpal to discuss the industry's future.
00:00 - Welcome
01:49 - Introducing Ralf Reichert
06:16 - Stat of the Week
07:13 - A brief history of eSports
12:41 - How do you get into eSports?
15:41 - The professionalization of eSports
19:34 - How covid affected the games industry
21:07 - How eSports will grow
23:52 - How does the eSports industry make money?
27:56 - The reaction to having the eSports World Cup in Saudi Arabia
34:38 - What does the future of eSports look like?
36:50 - Stat of the Week reveal
CNBC International
CNBC is the number one business and financial news network on the planet. Join us on YouTube as we take you around the world, give you the tools you need to get ahead in business, and explain the stories making the headlines from London to Singapore....