Professional Esports organization Virtus.pro, best known for their Polish Counter Strike: Global Offensive team, are set to receive an investment in excess of $100 million from a Russian company.
USM Holdings, founded by 62 year old business magnate Alisher Usmanov, already invests in a wide variety of industries from mining to telecommunications. Now the company is set to invest in Virtus.pro to “launch new tournaments, support new games, create media channels and build new Esports arenas,” according to Anton Cherepennikov, co-owner of the Russian organisation.
“E-sports are a unique proposition, uniting the sports, media and the internet industries,” says Ivan Streshinsky, a member of USM Holdings’ board. “It is a fast-growing market, which has already generated huge interest around the world and Virtus.pro is the leader in the Esports industry in Russia. I am confident that the support from USM will spur the company’s further development and enable it to take its projects to a whole new level.”
These days it seems Esports is big business, and business is good.
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