Hong Kong has opened a US$3.8 million e-sports complex amid the city’s push to establish a regional hub for the industry.
Located in Mong Kok, the 2322-sqm Cyber Games Arena houses training facilities, a competition arena for a maximum of 80 gamers, television broadcasts, online streaming platforms and a retail area over two floors. It is currently the largest such integrated e-sports complex in Asia.
The multi-million-dollar complex will be operated around the clock and is expected to attract 1.2 million visitors and hold more than 100 local and overseas e-sports competitions annually.
According to economists, the e-sports industry is expected to propel the city’s economic growth in the next 10 years, with revenues in the sector forecast to grow from US$742 million in 2016 to US$1 billion by 2021.
E-sports will be recognised as an official event by the 2022 Asian Games.