Coronavirus Shuts Down eSports Events as NBA Suspends Season and NCAA Questions March Madness
Plans for the Overwatch League to grow attendance in 2020 have stalled as organizers have shut it down amid growing coronavirus fears. The blockbuster title had big plans this year for its dedicated eSports league, rolling out a home game schedule aimed to foment regional enthusiasm.
Parent Activision Blizzard announced the cancellation for all March and April events, squelching plans for two teams in one of its largest markets. But the company says the matches will still happen, just not with live audiences.
The Los Angeles Valiant and the Los Angeles Gladiators — ranked 8th and 19th — had played just three matches between them.
The announcement comes after the league already cancelled events in China and South Korea.
"We are working hand-in-hand with our teams to see that all matches are played when it's safe and logistically feasible, staying as close to our originally planned schedule as possible," the league said in a statement posted to Twitter. "We are considering the various options available to esports in this effort, so that all teams — including those previously impacted by scheduling changes in China — can get back to doing what they do best."
The Valiant, who play all home games at the Novo located at 800 West Olympic Blvd in Los Angeles, announced refunds for all cancelled events.
Coronavirus threats have stalled or stopped events and gatherings nationwide. NCAA organizers have announced that March Madness games will be played without fans, and the NBA suspended its season "until further notice."
Attendance at eSports events has been steadily growing, with Riot Games packing 45,000 paid attendees into the Beijing National Stadium. The Overwatch League, in its third year, is still building its brand in an increasingly competitive environment.
According to numbers from ticket sales company StubHub, the number of eSports events increased 180% from 2015 to 2019. Average ticket prices, over the same time period, shot up 36%.
"Demand for eSports and the number of events have steadily risen over the last five years, with a huge spike in ticket sales," said Akshay Khanna, general manager of sports for StubHub. "If this trend continues, and with technology constantly evolving, it's likely that we'll continue to see growth in this space."
Event cancellations come at a particularly difficult time for the Call of Duty League, also run by Activision Blizzard. The league, like Overwatch, features a first person shooter and is in its inaugural season. And, with two teams based in Los Angeles, the league is still deciding how it will handle the threat.
Activision Blizzard said it is scrolling through options but insists that the games will go on.
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It's never been a better time to "murder your thirst."
Seven months after raising more than $9 million in Series A funding, Santa Monica-based canned water startup Liquid Death has raised $23 million in Series B funding.
The round was led by an unnamed consumer-focused family office and participated in by Convivialité Ventures, Fat Mike (NOFX), Pat McAfee, existing investor in Velvet Sea Ventures and others.
Their Russian investor was dead.
On a late Tuesday night in early May, the billionaire Russian coal tycoon, Dmitry "Dima" Bosov stopped answering phone calls and messages. When his wife, Katerina, arrived at their mansion in the suburbs of Moscow, she found her 52-year old husband locked in the family's home gym, dead from an apparent gunshot wound to the head.
Editor's Note<p><em></em><em>The story is pieced together from interviews with more than 40 former employees and business associates, active and retired county officials, as well as federal and county law enforcement; state court records, arbitration, arrest and corporate records in the U.S. and Canada; other public records in six California counties; Genius Fund corporate records and emails. Some former employees and business associates spoke to dot.LA on condition that their names not be mentioned out of fear of reprisals.</em></p><p>This is first story in our "Green Rush" series. Read more:</p><p><a href="https://dot.la/genius-fund-cannabis-startup-2646866270" target="_self">Part 2: Growing Pains in Plumas County</a> | <a href="https://dot.la/cannabis-products-genius-fund-2646866366.html" target="_self">Part 3: A Line of Failed Products</a> | <a href="https://dot.la/green-rush-genius-fund-2646866354.html" target="_blank">Part 4: What Went Down in Adelanto</a> | <a href="https://dot.la/dmitry-bosov-genius-fund-2646866356.html" target="_self">Part 5: The Sudden Death of Dmitry Bosov And His Dream of a California Cannabis Empire</a></p>
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