Tokyo Governor Yuriko Koike has announced that 50 million yen ($460,000) in public funds is being budgeted in FY2019 for a major two-day eSports event in Tokyo. Both the venue and the date of the event remains to be decided.
“eSports involves many different industries, and the event will be an opportunity to get some publicity,” Koike explained.
The eSports market in 2018 grew thirteen times larger in Japan compared to the previous year, reaching the 4.8 billion yen ($43 million) level, according to an estimate by gaming industry publisher Gzbrain. Also, the Japan Esports Union (JESU) was established last February.
Several international operators and local governments have indicated that the construction of eSports stadiums could be a feature of their IR development plans.