Millennial Esports – a new esports studio and arena is coming to downtown Las Vegas. The venue boasts seating capacity of 500 and offers video production, place to launch events and promotions, streaming, broadcasting, league management, tournament campaigns, event logistics, studio and arena. The arena is located near the Downtown Grand, the first esports lounge opened earlier this year.
Millennial Esports is a new 15,000-square foot space that will serve as a studio and arena for strictly esports. The project comes as a result of the merger between online esports community Pro Gaming League Inc. and Canadian-based fund Stratton Capital.
Located in downtown Las Vegas – in an old theater in the Neonopolis building on Fremont Street, Millennial Esports will be situated near Downtown Grand – the first esports lounge. The area is quickly gaining attention as becoming the ‘epicenter’ of esports in Las Vegas and is aimed at attracting not only gamers but also production companies, talent and enthusiasts.
ME provides a broad spectrum of turnkey solutions that covers gaming technology, event management, production and broadcasting in an effort to give game publishers, consumer brands and partners exposure and influence on a targeted audience, thereby enabling them to generate new revenue streams by leveraging this unique and highly sought after global demographic.
The space features a seating capacity of 500 that will be able to host live events or viewing parties for online events. There is also a broadcast facility, streaming stations, and use of ME’s channel for aspiring casters. Various services also include league management, event logistics and tournament campaigns.
Although there has not been an official launch date announced, the venue will be hosting The North American finals of the Halo Championship Series Open Circuit November 18 -20th.
Millennial Esports and betting
Situated in the North America’s betting and gambling capital, ME reports that they have no current plans to offer esports betting.
EO Alex Igleman has stated there are no plans to facility head-to-head esports betting or sportsbook-style betting on any matches or competitions.
We want to host events that are wagered on, but we don’t have any intention at this point to undergo licensing. That said, if there is an ability to work with someone like the Downtown Grand or William Hill, for example, with kiosks then by all means we would be open to it.
Betting on esports has been a hot topic as of late with much controversy and concerns revolving around regulations and legitimacy of various online betting sites. In July, Valve issued cease operations notice to third party betting websites after years of complaints and two lawsuits filed against the video game developer. The majority of the initiative coming from issues in CS:GO.
Later in the year, The Nevada Gaming Commission is expected to introduce regulations to govern some forms of wagering on esports.