How Much Does League of Legends Make?
A Multi-Billion Dollar Empire
League of Legends, the popular multiplayer online battle arena (MOBA) game, has been a dominant force in the esports and gaming industries since its release in 2009. With over 100 million active monthly players, it's no surprise that League of Legends generates a staggering amount of revenue each year.
Revenue Streams
League of Legends' revenue comes from several sources, including:
In-Game Purchases
Players can purchase in-game items, such as champions, skins, and other virtual goods, using Riot Points (RP), the game's virtual currency. These purchases are a significant contributor to the game's revenue.
Esports and Tournaments
The League of Legends Championship Series (LCS) and other tournaments attract millions of viewers worldwide, generating revenue from advertising, sponsorships, and merchandise sales.
Advertising
Riot Games, the developer and publisher of League of Legends, partners with brands to display ads in the game, on its website, and during live streams.
Merchandise
Fans can buy League of Legends-themed merchandise, such as apparel, accessories, and collectibles, from the game's online store or at retail outlets.
Licensing
Riot Games licenses its intellectual property, including characters and music, to third-party developers and publishers.
Revenue Figures
While Riot Games doesn't publicly disclose the exact revenue figures, estimates and reports provide insight into the game's financial performance:
- 2015: League of Legends generated an estimated $1.4 billion in revenue.
- 2016: Revenue increased to approximately $1.7 billion.
- 2017: The game's revenue surpassed $2.1 billion.
- 2018: League of Legends generated an estimated $2.3 billion in revenue.
- 2019: The game's revenue was approximately $2.5 billion.
Conclusion
League of Legends is a behemoth in the gaming industry, with a vast player base and diverse revenue streams. Its revenue figures are staggering, making it one of the highest-grossing games of all time. As the game continues to evolve and attract new players, its revenue is likely to continue growing in the coming years.