eSports Now More Profitable than Baseball in Mexico

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by @todotvnews the 03/07/2019
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The videogame industry already generates 1.4 billion dollars a year in Mexico, a number that surpasses baseball’s income in the country.

Considered to be the third favorite sport for Mexicans behind football and basketball, baseball is currently receiving a big boost in Mexico by the ProBeis (Office of the President for the Promotion and Development of Baseball).
 
However, according to a new report published by Expansion, eSports are now more profitable than baseball in Mexico.
 
In fact, the analysis done by Newzoo indicates that eSports currently generate a total of 1.4 billion dollars in Mexico, with a yearly growth rate of 6.6% for the next five years.
 
The number, they added, makes Mexico the first country in the region in terms of videogame consumption.
 
Baseball, meanwhile, “hasn’t shown as tangible profits as eSports”, the report says.
 
“We are faced with a market that stands to grow up to 30% in the next five years and where investment in different forms of entertainment could come through eSports tournaments and cups. Mexico is a country where videogame culture is growing”, said Han Park from eSports Services LLC consultancy to Expansion.
 
According to The Competitive Intelligence Unit, Mexico had a total of 59.1 million games in early 2017.
 
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