Players are pictured on video screen as they attend the PUBG Global Invitational 2018, the first official esports tournament for the computer game PlayerUnknown's Battlegrounds in Berlin, July 26, 2018. (REUTERS/Fabrizio Bensch/File)
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Global esports revenues will hit $1.1 billion in 2019, up 27 percent since last year amid ballooning revenues from advertising, sponsorship and media rights to competitive video gaming, a report said Tuesday.North America will generate $409 million of esports revenues in 2019, the most of any region, Newzoo's report found. China will generate 19 percent and South Korea 6 percent, with the rest of the world comprising the remaining 38 percent.While advertising is the bulk of revenue, merchandise and ticket sales are also expected to grow 22 percent to nearly $104 million, though game publisher fees will likely drop 3 percent to $95 million, the report showed.
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