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Is riot making a loss on VCT?

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#1
Aayan

I know its a common business thing, where you start with a loss and then become profitable over time. But I want to ask the question anyway. Most of Shanghai was just played on the CN set and that most of Seoul will be played on the Pacific set makes me kinda concerned. The production quality feels lower too, walkouts and stuff seems cut back, also not to mention that they had to move EMEA to the riot building (which overlaps with LOL, as I believe it is played there). idk just looks like something fishy is going on

#2
ButterflyEffect23
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Riot easily rented Staples Center for League of Legends Worlds Finals and they can't get a good venue for Valorant kekw

#3
heavensentsaint
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either a loss or just cheaping out

#4
Cu55Ku55_______
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Blame Leo Faria and Jake Sin

#5
boilin_cockroach
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rito small indie company 😢

#6
Aayan
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Cu55Ku55_______ [#4]

Blame Leo Faria and Jake Sin

idk if they're in charge of the budget/economics side of things, but if they are, yeah I guess they would be to blame

#7
dedenn
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I think its a loss if we look at Valorant viewership but idk tho

#8
laeDLaer
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Don’t worry they make plenty of money from the bullshit skin bundles they sell for 100 dollars. At least in cs when I paid 500 for a karambit I can sell it tomorrow for what I paid.

#9
Aayan
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laeDLaer [#8]

Don’t worry they make plenty of money from the bullshit skin bundles they sell for 100 dollars. At least in cs when I paid 500 for a karambit I can sell it tomorrow for what I paid.

Then the issue becomes why they are putting so little of the money into VCT

#10
ButterflyEffect23
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Aayan [#9]

Then the issue becomes why they are putting so little of the money into VCT

so you can keep more money for yourself

#11
laeDLaer
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Aayan [#9]

Then the issue becomes why they are putting so little of the money into VCT

PROFIT AND BIG SALARY BONUS FOR THE BOSSES OF RIOT.

If they really wanted Valorant to be a top tier Esports we wouldn’t have a 6 month off season and only 3 international events. Riot could easily change this and we could have 5/6 events a year but they don’t care. Every year they say they say the same bullshit about how the next year will be better and fans on here and Reddit get hyped but they are fooled every time.

#12
Aayan
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ButterflyEffect23 [#10]

so you can keep more money for yourself

If I were a company, I would take the money and reinvest it so I could have even more money. So I'm going to speculate that maybe someone higher up said they were spending too much money on VCT with too small of a return, forcing them to make budget cuts. Basically I'm speculating that riot don't believe in the VCT until it turns a profit, which is why they're cutting corners now

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