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Riot Games: The Rising Star of Esports

With the rise of esports, many companies have entered the gaming industry to capitalize on its growing popularity. However, few have made as much of an impact as Riot Games. Founded in 2006, this Los Angeles-based company has become one of the biggest players in the esports world thanks to their flagship game League of Legends.

But what exactly is esports?

Esports, short for Electronic Sports, is a form of organized competitive video gaming. It involves players competing against each other in tournaments, often with huge cash prizes on the line. Games like League of Legends are played by millions of people worldwide and have become serious business, with competitions sponsored by big-name companies like Coca-Cola and Red Bull.

Now, back to Riot Games…

League of Legends was first released in 2009 and has since gained a massive following. The game’s success led to the formation of the professional League of Legends Championship Series (LCS) in 2013. The LCS is composed of teams from all over the world that compete in a series of seasonal tournaments and championships.

Today, competitive League of Legends has become one of the most-watched esports events around the globe. Riot Games regularly sells out arenas for major events and broadcasts competitions online for millions of viewers to watch live. The game’s success has also led Riot Games to expand its reach beyond just League of Legends, with plans to release new games in the future.

But what sets Riot Games apart from other gaming companies is its vision to make esports a legitimate sport. They've gone above and beyond to create an ecosystem that prioritizes athlete welfare, fair play, and healthy competition.

In 2018, Riot Games partnered with several other companies to create the Esports Integrity Coalition (ESIC), an independent entity tasked with ensuring fair play in esports. The coalition sets standards and guidelines for anti-doping regulations, gambling, match-fixing, and more. Riot Games also introduced a variety of player welfare programs, including healthcare insurance, mental health counseling, and regular breaks for players.

Their approach to building an esports ecosystem has paid off, with Riot Games being recognized as one of the most successful video game companies in history. The company was ranked as the fourth most valuable esports company in 2018, with a value of approximately $1.5 billion.

In conclusion, Riot Games is more than just a gaming company. They've created a thriving esports ecosystem that prioritizes athlete welfare, fair play, and healthy competition. Their dedication to making esports a legitimate sport has helped not only esports but sports in general move into the digital age. As esports continues to grow in popularity, Riot Games will undoubtedly remain at the forefront of the industry, setting the standard for others to follow.