5 esports occasions have been featured in a report itemizing probably the most impactful 15 sports activities occasions held in Shanghai in 2020. The report was launched by The Shanghai Sports activities Bureau (SSB).
The League of Legends World Championship 2020 (Worlds 2020), the most important esports occasion of 2020, was ranked #2 within the report, behind the 2020 Shanghai Marathon. As well as, multi-title esports occasion Esports Shanghai Masters, Peacekeeper Elite World Champion Cup, and League of Legends Professional League (LPL) Spring and Summer season Cut up have been ranked #6, #7, #10, and #13, respectively.
SSB defined that the important thing indicators of the affect index are notability (40%), skilled stage (40%), and contribution (20%). For Worlds 2020, SSB identified that the occasion contributed over ￥30M RMB ($4.6M USD) in direct financial impact and ￥3.21M ($483Ok) in tax impact. As compared, Shanghai Marathon contributed ￥49.4M ($7.66M) in direct financial impact and ￥5.28M ($818Ok) in tax impact.
Because of the rising reputation of esports and the suspension of conventional sports activities occasions through the pandemic, esports competitors has change into one of many main sports activities contributing to the financial system by way of journey, procuring, and leisure within the metropolis. In SSB’s 2019 report, the highest three sports activities occasions have been the Shanghai ATP Masters 1000, F1 Chinese language Grand Prix, and Shanghai Marathon, which contributed 70% of the full direct financial impact of all 12 sports activities occasions of 2019.