6 Esports Team Business Success Stories [2024]

Updated: November 1st, 2023
Start An Esports Team Business

eSports describe the world of competitive, organized video gaming, where competitors from different leagues or teams face off in similar games.

According to statistics, there are approximately 200 million eSports enthusiasts globally. The audience size will continue to grow YoY to reach approximately 285 Million Esports enthusiasts in a few years.

The estimates illustrate Asia Pacific region leads in the number of eSports enthusiasts, accounting for over 57%. Therefore, starting an eSports team business can be a profitable venture.

Therefore, the massive growth of the eSports industry is inspiring entrepreneurs to start their own sports businesses or teams. If you are passionate about eSports, consider launching your own eSports team as a business can be a profitable venture. To start, conduct proper market research. Focus on analyzing your customers and their expectations, and speak to potential customers to confirm their interests. Then, compare competitors and prepare a SWOT analysis.

You may consider working with potential supporters or collaborators to increase the odds of success.

In this list, you'll find real-world esports team business success stories and very profitable examples of starting a esports team business that makes money.

1. ggCircuit ($3.6M/year)

Zack Johnson, the founder of ggCircuit, came up with the idea for his business while running his own esports arena, eBash Gaming Center. He realized that the management software used by his competitors was outdated and lacked customer engagement. Seeing an opportunity, Zack and his team decided to develop their own cloud-based software, ggLeap, which revolutionized the industry. With a strong focus on customer service and marketing efforts such as YouTube shows, ggCircuit has attracted over 700 locations worldwide and generated $4 million in revenue in the past year, with plans to double that in the next 12 months.

How much money it makes: $3.6M/year
How much did it cost to start: $50K
How many people on the team: 25

SMALLBORDER

We Offer Premium Services For E-Sports Arenas Worldwide [$3.6M/Year]

Esports management software company ggCircuit has doubled its revenue every year since inception and amassed $4 million in revenue in the past year alone, while offering services to over 700 customers globally and projecting double that in revenue over the next 12 months.

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Learn more about starting an esports team business:

Where to start?

-> How much does it cost to start an esports team business?
-> Pros and cons of an esports team business

Need inspiration?

-> Examples of established esports team business
-> Marketing ideas for an esports team business

Other resources

-> Profitability of an esports team business

4. G2 Esports

Welcome to G2 Esports, one of the leading global esports and entertainment brands. Home to legendary players, creators, and entertainers.

Website traffic: 380K/month

5. Esportz Network

Esportz Network is the hub for the latest esports news. Find all about esports events and esports highlights inlcuding esports game news and cosplay.

Website traffic: 80K/month

6. Cloud9

Home of Cloud9, an esports organization with teams participating in League of Legends, Overwatch, Rocket League, CS:GO, Fortnite and Smash.

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