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Riot Games Announces 2023 Worlds Championship with $10M Prize Pool and New Format

G2 Esports secures victory over FaZe Clan with a 3-2 scoreline to win the ESL Pro League Season 16 and claim a $200K prize pool.

Esports has transformed into a global phenomenon, captivating millions of fans and players across diverse virtual battlegrounds. The rise of competitive gaming has not only attracted enthusiasts but has also caught the attention of bettors, with various platforms now offering wagering on matches from popular titles. The surge in viewership and participation has placed esports in a unique position within the sports industry, drawing parallels to traditional sports.

South Korea has played a pivotal role in the global expansion of esports, often regarded as the birthplace of this dynamic sector. The emergence of streaming platforms like Twitch further elevated the visibility of esports, enabling fans to watch live matches and connect with the competitive scene. As the industry matured, organizations emerged that cultivated talent and secured sponsorships to enhance their teams’ training and performance. This evolution has led to the formation of reputable teams that compete across multiple gaming disciplines.

Among the notable teams, Vitality stands out as a French organization excelling in Counter-Strike, Valorant, and League of Legends. Their consistent participation in international tournaments has garnered them a reputation for skill and professionalism. Similarly, Team Falcons, hailing from Saudi Arabia, has made its mark in Counter-Strike, Fortnite, and Dota 2, often toppling established competitors in various prestigious tournaments.

Team Spirit from Serbia has also risen to prominence, primarily competing in Counter-Strike, Mobile Legends, and Dota 2. Their victory at the Perfect World Shanghai Major in 2024 propelled them onto the global stage. Meanwhile, Team Liquid, a Dutch organization, boasts a diverse roster of approximately thirty teams across various games, and is particularly recognized for its high-ranking performance in Counter-Strike.

In the realm of Dota 2, OG is synonymous with excellence, having claimed The International championship in both 2018 and 2019. Their singular focus on Dota 2 has allowed them to dominate the competitive landscape. As these teams continue to thrive, their achievements reflect the growing professionalism within the esports industry.

Looking ahead to 2025, several significant events are shaping the esports calendar. The IEM Melbourne tournament, held in April, showcased 16 teams from around the globe, emphasizing its status as a premier Counter-Strike event. Organized by ESL, the competition attracted immense attention, culminating in a victory for Team Vitality, who claimed a share of the $1 million prize pool.

Another highlight was The International, a prestigious Dota 2 tournament organized by Valve, taking place in September in Hamburg. This year, 16 teams competed for glory, with Team Falcons emerging victorious. Notably, all commentary and broadcasting entities were required to work remotely, with the exception of English-speaking commentators, showcasing the evolving nature of esports media.

The annual League of Legends Worlds championship also captured the esports audience’s attention, featuring 17 teams and a lucrative prize pool of 5 million currency units. The South Korean powerhouse T1 triumphed in this fierce competition, winning by a narrow margin of three points.

As esports continues its upward trajectory, 2026 is poised to bring even more excitement and development within this sector. The growing infrastructure, competitive spirit, and fan engagement suggest that the future holds significant promise for both players and fans. With an expanding global audience and increasingly lucrative opportunities, esports is set to become an integral part of the entertainment landscape.

Editorial Team
Written By

Editorial Team at Redactle Unlimited is responsible for covering the latest news, updates, and developments in gaming, esports, and technology. Our editorial content is produced and curated using a combination of journalistic standards, editorial review, and automated news monitoring, ensuring timely, accurate, and relevant coverage of the gaming and tech industry. Articles published under the Editorial Team byline reflect the collective work of our editors and contributors, following internal editorial guidelines focused on accuracy, clarity, and transparency.

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