The BLAST esports league unexpectedly turned a profit in 2023

Esports News 01 mar 2024, 11:26
Steven Perez Dailysports's expert Steven Perez
The BLAST esports league unexpectedly turned a profit in 2023 Photo: https://www.dust2.us/

The BLAST esports league reported a profit in 2023, although the exact amount was not disclosed, stated BLAST's Chief Business Officer, Leo Matlock.

Matlock mentioned that the financial report could be expected around the end of April or the beginning of May. It's worth noting that in 2022, the company reported a deficit of over €11.5 million before receiving cash injections totaling €12.7 million from various investors, including the Export Investment Fund of the Danish government.

BLAST remains one of the leading tournament operators in Counter-Strike 2. However, they will need to adjust their BLAST Premier event in 2025 as leagues with private partners are slated to be dissolved.

BLAST Premier is a premier esports league for Counter-Strike: Global Offensive organized by BLAST in 2020. It primarily operates in two regions: North America and Europe.

The BLAST Premier tournament series is divided into two seasons: Spring Series and Fall Series, each lasting about four months. The group stage of each season involves 12 teams, with 6 advancing from the group stage to the playoffs.

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