Video gaming is becoming big business and young teens are making millions playing them
American teenager Kyle Giersdorf has won $3 million [Rs. 20.66 crore] by playing the popular online video game Fortnite. The money was awarded for winning the solo tournament in New York on Sunday.
The popularity of video and online games is increasing daily. Top companies are interested in investing in gaming, and video gaming is becoming a growing professional sport. This tournament is proof of that. The total amount of prize at the tournament is $30 million [Rs 206 crore]. Sixteen-year-old Giersdorf, from Pennsylvania, topped the 100-man competition.
Two million people watched the tournament final.
''I don't have words. I am terribly happy. It took so long, hard work, everything.. to win. "It's unbelievable," Giersdorf said at the event at Arthur Ashe Stadium in Queens, New York.
Fortnite is a game that came out in 2017. The value of its maker Epic Games jumped last year.
Experts estimate that global revenue from e-sports or professional video games will reach $123 billion in 2019. This is due to increased revenues from advertising, sponsorship and the media.
The global video games market is growing year on year, and was estimated at $115 billion in 2018, according to gaming analytics firms.