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Quarterly revenue of Modern Times Group's eSports vertical 2018-2020, by segment

Due to the coronavirus outbreak and the following cancellations, postponements, and moving online, Modern Times Group generated a lower revenue with its eSports vertical in the three quarters of 2020 than the quarters before. Indeed, the revenue gained with owned and operated tournaments and other events amounted to 159 million Swedish kronor, which was a decline of more than 100 million kronor compared to the previous year. ESports services' revenue decreased as well, from 172 million kronor to 75 kronor in the same period. This segment's focus is the establishing of relationships with gaming publishers and holding events on behalf of those.

Modern Times Group (MTG) is the global leader in eSports entertainment. The company owns the Germany based eSports companies Turtle Entertainment, including the event service ESL, and Swedish DreamHack, that organizes eSports tournaments and gaming conventions.

Revenue of Modern Times Group's eSports vertical from 3rd quarter 2018 to 3rd quarter 2020, by segment

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Source

Release date

November 2020

Region

Worldwide, Europe, Sweden

Survey time period

Q3 2018 to Q3 2020

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Statistics on "eSports and online gaming in Sweden"

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